Biggs Sees More Gains on Horizon

Hedge fund guru Barton Biggs says he thinks stocks are going to continue to go higher, and expects another 10% to 15% gain for the market. Biggs offered that assessment to Bloomberg TV, basing his belief on an analysis of previous secular bear markets and their ensuing recoveries. He also says he’s heartened by the way the global economy is recovering, but adds that he’s skeptical we’ll see new market highs in the near future.