Year in review for credit cards

Chuck Zodda and Paul Lane are joined by Ted Rossman, Bankrate.com, to discuss what kind of year it has been for credit card issuers and where credit card balances are heading into 2023. Cash holdings are the lowest since the financial crisis at U.S. government pension funds and just above last year’s 13-year low for U.S. corporate pensions, heading into a year that many on Wall Street expect to test investors. Southwest Airlines is in the middle of a cancellation catastrophe, how is it affecting their stock?