Wells Fargo (WFC) CEO Charles Scharf said on Monday that the US economy has been resilient, but he also acknowledged how bad sentiment is among American consumers and businesses.
“Right now, from everything that we see, the economy is still extremely strong,” Scharf said during an interview with David Rubenstein at the Economic Club of Washington, D.C., acknowledging the wide divergence from how consumers are feeling amid uncertainty stemming from the Iran war.
David Hollerith | Yahoo Finance