American Express' CEO Just Said He's Seeing "Big Pent-Up Demand" for Travel

American Express' CEO Just Said He's Seeing "Big Pent-Up Demand" for Travel
American Express' CEO Just Said He's Seeing "Big Pent-Up Demand" for Travel
Billy Duberstein, The Motley Fool

Warren Buffett's favorite credit card company American Express (NYSE: AXP) held its third quarter earnings call last Friday, and results were somewhat surprising. Of note, American Express invested in its largest-ever small business initiative during the quarter, which offered cardholders incentives to buy from local businesses.