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Banks Back In Focus, and State of the Consumer 5/11/23 episode artwork

EPISODE · May 11, 2023 · 42 MIN

Banks Back In Focus, and State of the Consumer 5/11/23

from Power Lunch · host CNBC

PacWest is down more than 20% today, after reporting a 9.5% drop in deposits in the last week. We’ll explore the latest leg lower for banks, which is weighing on markets today.Plus, we’ll talk to Houston Rockets owner Tilman Fertitta about what he’s seeing on the economy, and the consumer. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What this episode covers

PacWest is down more than 20% today, after reporting a 9.5% drop in deposits in the last week. We’ll explore the latest leg lower for banks, which is weighing on markets today. Plus, we’ll talk to Houston Rockets owner Tilman Fertitta about what he’s seeing on the economy, and the consumer.

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Banks Back In Focus, and State of the Consumer 5/11/23

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How long is this episode of Power Lunch?

This episode is 42 minutes long.

When was this Power Lunch episode published?

This episode was published on May 11, 2023.

What is this episode about?

PacWest is down more than 20% today, after reporting a 9.5% drop in deposits in the last week. We’ll explore the latest leg lower for banks, which is weighing on markets today.Plus, we’ll talk to Houston Rockets owner Tilman Fertitta about what he’s...

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