https://www.fool.com/investing/2018/07/24/why-visa-inc-mastercard-incorporated-and-first-dat.aspx #visa #mastercard
Why Visa Inc., Mastercard Incorporated, and First Data Corporation Shares Rose in the First Half of 2018
The success of each company so far in 2018 can ultimately be traced to a single theme.
Steven Hoo
Long on #Mastercard Tax cut -> more to spend -> consumption/spending -> much higher volume of payments -> credit card behemoth