
Time to Buy the Banks? And What’s The Fed’s Next Move 3/20/23
CNBC's "Fast Money"
00:00
Auto Inventories on the Rise
First Republic shares dropping more than 47% today despite sources telling CNBC's David Faber that JP Morgan is advising the struggling bank. Options traders betting that it could be the next domino to fall. Auto makers have been ramping up production this year and that's got new vehicle lots filling up. But will this prompt dealers to up incentives to get their inventories moving? Let's bring in Phil above for more on this.
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Transcript


