Consumer delinquency rates are on the rise, and recent market volatility shows investors are on edge as economic worries drag sentiment down. Shares of Visa Inc. (NYSE: V) and Mastercard Inc. (NYSE: MA) have barely moved since April despite quality earnings, while American Express Co. (NYSE: AXP) has outperformed despite a Q3 revenue miss. Can AXP continue to lead the pack? It depends on which type of consumer feels the heat as 2026 approaches.
