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.

Episode metadata supplied by the publisher feed · Published May 11, 2023

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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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