"Resilience" is the word of the week
4/15/202626 min
The results are in, and despite concerns that the war in Iran would dampen big banks’ earnings, they’re doing just fine, thank you. On earnings calls this week, several banks shouted out consumer “resilience” for keeping everything chugging along. How long might that resilience hold up? Also in this episode: Small business owners slog through tariff refund paperwork, China is well-positioned to ride out this oil price surge, and we’ve got more of Kai’s visit to Vietnam.
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Transcript preview
First 90 secondsSpeaker 00:00
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Speaker 20:29
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Kai Ryssdal· Host0:59
[upbeat music] All right, pick a word to describe this economy. You got it? Okay, now, what are the odds do you think that your word and the word Wall Street banks are using are the same? From American Public Media, this is Marketplace. [upbeat music] In Los Angeles, I'm