Why American Express Should Be Ignored [View article]
counterintuitive as it may seem. axp probably is the better deal compared to MA andV here. why? simply because the expectations diverge so massively. on one side, axp, where people fear for something pretty short of armageddon. on the other, v and ma where people - absurdly- think that they were immune from global economic slowdowns and are willing to pay up big time for a perceived growth that may or may not materialize. the former, axp is exposed to positive suprises from here - while the opposite holds true for v and ma. as for me, i to ignore all three of them at this time
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counterintuitive as it may seem. axp probably is the better deal compared to MA andV here. why? simply because the expectations diverge so massively. on one side, axp, where people fear for something pretty short of armageddon. on the other, v and ma where people - absurdly- think that they were immune from global economic slowdowns and are willing to pay up big time for a perceived growth that may or may not materialize. the former, axp is exposed to positive suprises from here - while the opposite holds true for v and ma.
Jul 15 06:57 am
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All Comments by fxtrader07 »Why American Express Should Be Ignored [View article]
as for me, i to ignore all three of them at this time