This Is Why Credit Card Interest Rates Are So High

This Is Why Credit Card Interest Rates Are So High – Odd Lots

Mentioned

Bullish

STABLES— Stablecoins operate like money market funds that don't pay interest to holders, capturing all the yield themselves - a highly profitable business model despite puzzling consumer acceptance
V— Visa is one of the two most valuable financial services firms, alternating with JPMorgan for the top spot, with a market cap exceeding $600 billion
AXP— American Express is potentially a top 10 marketer in the country, spending over $6 billion annually on marketing - more than Nike and Coke
COF— Capital One spends over $4 billion annually on marketing, approximately matching the marketing scale of American Express

Bearish

FINTECH— Buy Now Pay Later companies have economics similar to credit cards but most don't make money, raising questions about their viability

Not investment advice.