How do credit card companies view the health of the consumer?
Credit card companies have reported earnings in the past 24 hours and they are particularly well-positioned to weigh in on the health of the consumer. Visa is bullish. Here’s CFO Vasant Prabhu who was queried with this on the conference call: Q: Vasant, as we think about your baseline plan forecast, how are you factoring […]
Market Spotlight: Shifting Fed View Drives Bitcoin Bounce
BTC Rebound UnderwayFollowing heavy losses over 2022, Bitcoin is starting the year in a much more encouraging manner. The leading crypto asset has recorded a roughly 30% rally over initial 2023 trading, taking price back up to levels last seen in September 2022. The main driver behind the move appears to be the shift in […]