Mastercard profit jumps 36% on vaccine-fueled spending boost

July 29 (Reuters) – Mastercard Inc reported a nearly 36% jump in second quarter profit on Thursday, helped by an improvement in overall spending and a recovery in cross-border volumes. Net income, excluding exceptional items, rose to $1.9 billion, or $1.95 per share, from $1.4 billion, or $1.36 per share a year earlier. Analysts on average had expected a profit of $1.75 per share, according to Refinitiv IBES data. Nick Note: As you can see the smart money is preparing for and in essence locking down already to protect their key people…. Let the stupid celebrate their”freedom” why let them suffer… Its like the last mean before the lethal injection……. You are not coming back to finish the ice cream…..