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Big Banks To Bolster First Republic (FRC)

Schwab Network

English - March 16, 2023 21:10 - 8 minutes - 105 MB - ★★★★★ - 23 ratings
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Markets are higher as weakness resumes in regional banks. Peter Tuchman discusses the market reaction to SVB and Credit Suisse (CS). He mentions that the WSJ says that JPMorgan, Morgan Stanley and other big banks are to bolster First Republic (FRC). He talks about investing strategies to consider to for a turbulent market. He also goes over what the ECB 50 BPS rate hike means for the Fed. Tune in to find out more about the stock market today.