Will this intensify the rate hike? Counting down to see how the market react to March. Take the chance now or wait a little longer to pay for a premium in case situation dramatically overturn?
Looking back at history, conclusions can be easily drawn to support the side of 'expert' view you take. There are always etfs or ststocks that perform or underform to illustrate and substantiate one's view. But strategy that worked in the past is not a guarantee of future performance. The challenge is alsways on how to pick the right trend going forward. =)
Until the day where other payment mode overtakes. These companies will still be essential in our spending lifestyle and it can also merit from the interest rate hike.
Visa Profit Beats Quarterly Estimates on Higher Spending