/global%20technology%20internet%20globalization.jpg)
The market now has growing expectations for an economic soft landing for major economies, including the U.S., and financial markets are also pricing in the end of interest rate hikes. This is ideal both for the valuations and earnings outlooks for companies in growth businesses, such as payments.
One such company is Mastercard (MA), which has recently seen its share price approaching all-time record highs. MA is up close to 20% year-to-date.