Consumers are using more debit cards compared to the other high-end option of credit as a result of the coronavirus pandemic, Visa has found.
The payment-card company's internal analysis found that the transition could drive away $100 billion annually from credit to debit cards.
Information about a company's financials are irrelevant as to whether it moves higher with 3 trillion in the barrel.
The jobs report doesn't matter. The market will still head higher because the FED has all but insured they will keep the market moving up.
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