$American Express(AXP.US) High-net-worth households are thriving despite widespread inflation, as noted in American Express' recent earnings call, highlighting strong demand for premium goods. The U.S. Federal Reserve corroborates this trend, indicating a sharp contrast between affluent consumers and financial stress among lower-income groups. As a result, American Express benefits significantly from this resilience, positioning itself favorably for continued growth amidst economic disparities. We are starting to see some rotate back into the financial sector with expectations of rate hikes, which can benefit banks with higher interest rates and margins. @Bridge Buzz SG