Market Extra: Warren Buffett says more banks may fail, but he’s willing to bet $1 million that depositors won’t lose money

Warren Buffett said there’s a possibility that more U.S. banks could eventually fail, but he’s extremely confident that no depositors will lose the money they have parked in the banking system. In fact, he’s willing to bet on it.

“We’re not over bank failures, but depositors haven’t had a crisis,” the Berkshire Hathaway BRK.B BRK.A chairman and CEO said in an interview on CNBC on Wednesday. More banks could go bust, but “depositors aren’t going to be hurt.”

Buffett…

This post was originally published on Market Watch

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

Watch now…

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