Leaders of big American companies react to the passing of Berkshire Hathaway's Charlie Munger.
Lots has been written about the vast bond hoard accumulated by US banks, the massive unrealised losses inflicted on those portfolios as interest rates rose, and the carnage this caused for weaker lenders. Behind all this is a story of deposits, in particular the $4.2tn worth of “non-interest-bearing” deposits in the US banking system, according to the Federal Reserve. This is because shareholders expect banks to earn significantly more on their assets than they pay out on their liabilities, to cushion shareholders from actual, realised losses.
In this article, we discuss 12 best high-yield dividend stocks to buy according to billionaire Gabelli. You can skip our detailed analysis of Gabelli’s investment strategy and GAMCO Investor’s previous performance, and go directly to read 5 Best High Yield Dividend Stocks To Buy According to Billionaire Gabelli. Mario Gabelli is a renowned investor known for […]