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Will Americans Continue To Spend?

by Irene Tunkel, Chief Strategist  

In this report we scrutinize the state of US consumer finances, which are a key driver of the Payment Processing Industry. We expect demand for services to pull back in the early 2023 on the back of still high inflation and tighter monetary policy. The payment processing companies thrive but live on borrowed time. We are overweight for now but monitor this position closely.

BCAリサーチ | US Equity Strategy

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