Bank of America CEO Brian Moynihan says confident consumers are spending 5.5% more this year

[m.knox]

The very best "stimulus" is an American with a job. For some reason, only Trump knows this?

https://www.cnbc.com/2019/12/11/ban...s-consumers-spending-5point5percent-more.html

• CEO Brian Moynihan says Bank of America’s customers spent about 5.5% more this year over 2018, a bullish sign for the U.S. economy.
• “People are spending, and that’s good news for the U.S. economy,” Moynihan tells CNBC. “That helps sustain this long, long growth session we’ve had.”
• Moynihan says the data comes from more than $3 trillion in Bank of America card transactions, checks and ATM withdrawals.