Americans are ‘doom spending' as a result of Trump's trade policy, new report reveals [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: Yahoo! Finance
to cope with fear, anxiety, or pessimism about the future, according to a new report. While delinquencies are already on the rise, consumers are also stockpiling goods and making substantial purchases. Amid the fallout of President Donald Trump's so-called “Liberation Day” tariffs that sent the stock market spiraling, some Americans are doom spending out of fear of higher prices, a report shows. As JPMorgan holds the risk of a recession at 60%, a condition that makes consumer buying stagnate, one in five Americans are “doom spending” to cope with fear, anxiety, or pessimism for the future, according to a report from CreditCards.com John Egan, a personal finance expert for CreditCards.com, said that these habits “can lead to piling up credit card debt.” As delinquencies have already started to rise to their highest level in nearly five years, 37% of Americans surveyed report they are likely to go into or add to their credit card debt this year, while 19% say they are “somewhat
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JPM
Earnings
- 10/14/25 - Beat
JPM
Sec Filings
- 12/22/25 - Form 424B2
- 12/22/25 - Form 424B2
- 12/22/25 - Form 424B2
- JPM's page on the SEC website