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Banking Turmoil: UBS Takes Over Credit Suisse, More "Junk" for First Republic 03/20/23

Squawk on the Street

00:00

The Consumer Is Still in Good Shape, Right?

The Atlanta Fed GDP tracker for the quarter was what? In the 2% range? Almost right. So far the consumer has been in very good shape. Other than first republic shares, which remain very volatile, who reported earlier, my understanding is that they have hired a bank to help them look at alternatives if there are any out there.

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