Time and time again I warn about herd-like investor behavior. Recently (and again in this morning's opener ) I cautioned that investor sentiment was growing too optimistic in the financial equity sector of money center b…
Read in context ›Mastercard Stock (MA)
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202 articlesDaily Diary Mentions
4 mentionsBeware of 'Group Stink' A Closer Look at Consumer Spending When we look at the monthly retail sales report, we have to acknowledge it skews more toward spending on goods than services. For more on services spending, we have to look at the personal spending report, which captures…
Read in context ›Weekend Project On Wednesday the shares of payments processors Visa V and MasterCard MA got schmeissed based on concerns that stablecoins will disrupt their businesses. V and MA are broadly held in institutional portfolios (and also pro…
Read in context ›Airline Check-In Southwest Airlines LUV and JetBlue JBLU are catching a few downgrades, with Bank of America slapping an Underperform rating on LUV with a $31 price target and a fresh Underperform rating on JBLU. BofA’s argument for the…
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