![US bank chiefs still like the consumer](/sites/default/files/styles/teaser_image_max715/public/24_2022-07-19_Blog_Teaser.jpg.webp?itok=FLpK4QBO)
US bank chiefs still like the consumer
US banks remain bullish about the health of the consumer, but credit spreads are still pricing in not only a recession, but a fairly severe one. Are the banks wrong? Or have credit markets just backed up too far on negative fund flows?