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What does Mastercard's performance say about the economy?

Author
Newstalk ZB,
Publish Date
Thu, 11 Jul 2024, 8:31pm
The two credit card giants have been issued stern warnings not to raise fees again. (Photo / Getty)
The two credit card giants have been issued stern warnings not to raise fees again. (Photo / Getty)

What does Mastercard's performance say about the economy?

Author
Newstalk ZB,
Publish Date
Thu, 11 Jul 2024, 8:31pm

One expert explains how Mastercard's market performance is impacted by the concerns global investors have raised.

Recently, investors have been focused on slower economic growth expectations in the US, as well as regulatory risk and the impact this has on new technology like open banking.

Sam Dickie from Fisher Funds explains further.

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