Capital One buying Discover is a big deal.
— Amanda Orson (@amandaorson) February 19, 2024
First thoughts:
1. This is going to hurt Mastercard (their big 3 are Citi, BoA, Cap One iirc). For a long time that relationship was so close they shared a building on 5th Avenue.
2. Discover is a 3-party network. Meaning: their…
The housing pivot?
https://www.thestreet.com/real-estate/warren-buffetts-berkshire-hathaway-predicts-major-housing-market-pivot