CNBC's "Fast Money" cover image

Is There Any Alternative to Tech? And Big Banks Come to the Rescue of First Republic 3/16/23

CNBC's "Fast Money"

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The $148 Billion Increase in the Banks' Balance Sheets

The $148 billion increase in going to the pre-existing window was actually taken down by banks who needed the money. But there is $160 billion on their balance sheets that we didn't know was put there. The most important development vis-a-vis all of this is just what people anticipated, it's flight to quality.

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