Banks are feeling the strain as lower-income consumers struggle with inflation and tariff chaos - MarketWatch
1. Lower-income consumers' financial positioning eroded by inflation threats. 2. Chase credit-card spending growth slowed to 2.6% in February. 3. Delinquencies on government student loans and FHA mortgages sharply increased. 4. Bank stocks have dropped 15% amid concerns over economic slowdown. 5. Money-center banks trading above long-term average price-to-book value.