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CNBC's "Fast Money"

Regional Relief 3/14/23

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.91.3K Ratings

🗓️ 14 March 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

Regional banks posting a comeback today. Are these stocks a compelling buy right now or will there be a steep price decline down the line? Fast Money traders’ debate the move. Fast Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0

Right now on fast, regional relief, bank stocks rebounding as the Treasury says all deposits

0:06.7

at U.S. banks, not just FVB and Signature, are safe.

0:10.1

We'll dig into the details on that and ask, is this the right way to fix what's broken

0:13.8

with the banks?

0:14.8

Plus, men as months are moved, share surging more than 7% after it announced another

0:18.8

big round of layoffs.

0:19.8

Facebook now looks over 60% this year is firing friends, the new recipe for driving

0:25.4

stock growth.

0:26.4

And later Boeing's international flight plans, the gig is up in a good way for Uber, Lyft

0:30.4

and DoorDash in crypto spring awakening.

0:33.5

I'm Melissa Lee.

0:34.5

This is fast money.

0:35.5

We're left in Azazac Market.

0:36.5

I had a full desk here on set tonight, Tim Seymour, Karen Feinerman, Courtney Garcia

0:40.3

and Guy Adami.

0:41.7

We start off with the regional bank rebound, the KRE climbing more than 2% this after the

0:46.2

Treasury Department said this morning that all deposits in all banks, not just FVB and

0:51.3

Signature, are safe.

0:53.2

Look at the gains in First Republic, PAC West, key court, metropolitan and first foundation.

0:58.0

Good times again, apparently.

0:59.7

Does this deposit insurance for all make the group more investible now?

1:03.8

And was this the right move?

...

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