JPMorgan Rescues First Republic, New Mortgage Fees, and a Cruise Comeback? 5/01/23

JPMorgan is buying First Republic, as CEO Jamie Dimon declares this part of the banking crisis over. But a big bank is now getting even bigger. Is that a good thing? We’ll debate.Plus, new mortgage fees are going into effect today. Some buyers will pay more, and it’s quickly becoming a controversial issue. We’ll separate emotion from the facts. And, Norwegian Cruise Line is higher on strong results, and reporting strong demand and pricing for this year and next. Is the stock finally a buy? We’ll ask our trader. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.