American Express Cardholders UNSTOPPABLE! Are Millennials Secretly Preparing for the Apocalypse?!

Beets Bears Battlestar Galactica... and Billions!

As Assistant Regional Manager (and volunteer Sheriff's Deputy) I Dwight K. Schrute am uniquely qualified to report on the financial state of affairs. And let me tell you things are…intriguing. American Express a company known for its cardholders who probably don’t shop at Schrute Farms (their loss!) is seeing a surge in spending. A six percent surge! Seven if you factor in the leap year – which by the way is excellent for beet production. Speaking of which did you know that beets contain betaine which is good for… actually never mind. The point is spending is up and that's what she said!

Young Blood Strong Wallets

CFO Christophe Le Caillec – sounds French probably enjoys a good crepe – says that these spending trends have continued into April despite the stock market doing a nosedive faster than Michael Scott attempting parkour. But the real story? Millennials and Gen Z are leading the charge! Up 14%! It's like they're all preparing for a beet fueled apocalypse or at least buying a lot of avocado toast. Meanwhile Gen X and Baby Boomers are being more cautious. Makes sense. They probably remember when a nickel could buy you a whole… well I don't know I wasn't alive then. But still young people spending is good news unless they're spending it all on fidget spinners.

Tariff Terror or Strategic Stockpiling?

Now there’s talk about President Trump’s tariffs causing a potential recession. Some believe businesses are stockpiling goods. As a volunteer Sheriff's Deputy I know a thing or two about preparing for the worst but pulling forward purchases could be a dangerous game. It’s like hoarding toilet paper before a snowstorm – you might win in the short term but what about the long haul? What about the Bärenklau?

The Restaurant Revelation!

Here's the kicker: restaurant spending is up 8%! Now I'm not one for frivolous expenses (I prefer to invest in beet futures) but even I understand the importance of a good meal. Especially if it involves beets. According to Le Caillec it's a true indicator of consumer confidence as you can't 'pull forward' the luxury of dining out. It can also be a strategic place to network and build alliances. It’s like me and Michael Scott at the Benihana Christmas party! Only you know with less awkwardness… hopefully. Bears. Beets. Benihana.

Airline Turbulence But AmEx Holds Steady

Not all is sunshine and prosperity apparently the airlines are not doing so hot. This is probably because people realize they can buy farms like mine fill them with beets and live comfortably. As for the airlines just tell them: 'Dwide Schrude is the name airports are my game'. American Express is holding firm on its financial predictions. An 8 to 10% revenue growth and 15 to 15.50 per share. I wonder if I should by the share. And I ask myself what is better? To be feared or loved. Easy. Both. I want people to be afraid of how much they love me.

Macroeconomic Mayhem and Me

American Express has added a little disclaimer: “Subject to the Macroeconomic Environment.” Which is just corporate speak for “anything could happen so don’t blame us if the economy implodes.” But I Dwight K. Schrute am not worried. I have a farm a beet supply and a volunteer Sheriff's Deputy badge. I am prepared for anything. Except maybe Michael Scott's management style. That is beyond even my level of preparedness. Question. What kind of bear is best?