U.S. Credit Card Industry Moving into Uncharted Territory [View article]
Smart. But the data is a bit old. None the less, it is still a wonder how it has taken Moody's so long to figure this out. There is much hope resting on the side of the bulls. But anyone who has been to a rodeo know what follow the bull.... clowns and crap.
See more on credit issues and hear on The Disciplined Investor Podcast
Capital One: Outlook Not As Rosy As Analyst Describes [View article]
Credit Card Guy:
You are kidding me right? Does anyone get the fact that write-offs are bad? B A D ..BAD! Lower cost of borrowing goes for all, that means COF also makes less. In fact, they are giving it away with 0% deals... Somehow the whole thing stinks. Who knows maybe they will come out with earnings, tel that they are going to lose everything and the market will push shares up $20... Crazy market.
Double Whammy: Bank Card Companies May Be Next [View article]
Hello and thanks for the comments and input. If you notice, I said that MA and V aside as I am well aware there is little or no credit risk. This article is squarely focusing on Capital One.
While there may be other companies mentioned, that is the ONLY one in focus.
U.S. Credit Card Industry Moving into Uncharted Territory [View article]
See more on credit issues and hear on The Disciplined Investor Podcast
www.thedisciplinedinve...
Andrew
Capital One: Outlook Not As Rosy As Analyst Describes [View article]
Capital One: Outlook Not As Rosy As Analyst Describes [View article]
You are kidding me right? Does anyone get the fact that write-offs are bad? B A D ..BAD! Lower cost of borrowing goes for all, that means COF also makes less. In fact, they are giving it away with 0% deals... Somehow the whole thing stinks. Who knows maybe they will come out with earnings, tel that they are going to lose everything and the market will push shares up $20... Crazy market.
Double Whammy: Bank Card Companies May Be Next [View article]
While there may be other companies mentioned, that is the ONLY one in focus.
I discussed on recent podcast as well: www.thedisciplinedinve.../
So, with that cleared up... does it make more sense?
Andrew