Biggs Sees Tech Sector Leading Next Push Upward

Hedge fund guru Barton Biggs says the global economic recovery is a strong one, and that the next big move in the U.S. market will be a tech-stock-led 15% to 20% upward push. Biggs tells Bloomberg that drug and REIT stocks are also attractive, and says it’s very reassuring that there are so many bears out there. Biggs also gives his take on the European debt crisis, saying that the currency devaluation there could be a major bullish factor.