Quote:
Originally Posted by BigWill
Visa is a transaction processor. They don't issue credit.
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Yes, but they'll still feel the pain of reduced credit issuance and reduced consumer spending on credit. Both of those factors directly influence transaction volume.
Good brand, huge market share, I'm sure they'll be fine, but they're too big to hide from industry-wide trends. If their management is strong, they can manage through it and keep their margins up, but who knows. They're just way too young as a public company to really have a good feel for.
Congrats on the short-term gains though, that's always a great feeling.