What will happen to payment stocks in a recession? Bernstein takes clues from 2008 (V:NYSE) – Seeking Alpha

Zheka-Boss/iStock via Getty ImagesBernstein analysts looked back at the 2008-09 recession for clues on how a recession this year could affect payment stocks. It’s one of the most frequently asked questions the firm gets — what’s the sensitivity of the financials it covers in a downturn?