The biggest risk for Visa is an economic slowdown, but because of its market dominance and the growth in remote payments it is able to navigate downturns better than most. Last year, for example, a time of high inflation and a slowing economy, Visa was able to beat the market, falling only 3%, while the S&P 500 declined 19% and the Nasdaq Composite index plunged more than 30%. This is an interesting time to be an investor, for more reasons than one.