Home » Stocks » Bear Case Scenario for American Express $AXP, $V, $MA, $DFS, $COF, $XLF, $ORXCF

Bear Case Scenario for American Express $AXP, $V, $MA, $DFS, $COF, $XLF, $ORXCF

Mobile technology is altering the payment landscape in the biggest way since the advent of the credit card.

Competitors are making inroads into the premium space with ever more lucrative rewards offerings.

An increasing emphasis on low-end offerings will damage the American Express brand.

George Gutowski writes from a caveat emptor perspective.

 

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