George Bowser Jr

Why I'm Still Out of Mastercard and Visa

I would still buy either. Remember, spending on discretionary items may be down. However, many other things are used with the VISA and Mastercard cards. For example, paying bills online as well as necessary items (Utility Bills, mortgages, etc...). I still think both have room to grow. Ignore the stock price and look at the fundamentals

Pair Trade Visa and Capital One

Good Analysis. I wonder do you all consider the same for Discover and American Express. Like Capital One, they are lenders of unsecured debt, and are probably lowering their credit limits for cardholders as well. Does anyone think bankruptcy looms, as I hear GE is having a difficult time in selling their credit card portfolio.