Hedge fund guru Barton Biggs is expecting a few weeks’ worth of weakness for the stock market, thanks to lingering trouble in Europe and a slowing economy in the U.S. “I don’t think that this correction we’re in is quite over yet,” Biggs recently said on Bloomberg Radio’s “The Hays Advantage” with Kathleen Hays. “I […]
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Tag Archives: Barton Biggs
Biggs Sees Pullback, Then Continued Market Gains
April 5, 2012 
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Hedge fund guru Barton Biggs says he’s cut back on his stock holdings, largely thanks to concerns about Europe — particularly Spain. Biggs also tells Bloomberg that the Federal Reserve’s seeming reluctance to perform further quantitative easing also has him less bullish. But Biggs says that while he’s looking for a 5% to 7% pullback […]
Read moreBiggs Getting More Bullish
March 22, 2012 0 Comments
Hedge fund guru Barton Biggs has been increasing his exposure to stocks, saying that their relative attractiveness compared to bonds and fixed-income investments will drive investors toward them. “I’ve been gradually increasing and I’m up to 90 percent [long on stocks] now,” Biggs said on Bloomberg Surveillance with Tom Keene. “There is an awful lot […]
Read moreBiggs Bullish, But Cautious
January 23, 2012 0 Comments
Hedge fund guru Barton Biggs says he’s bullish on stocks, “assuming that the world holds together”. Biggs says he’s still very nervous about the lack of progress regarding Europe’s debt crisis, and says the demise of the Euro would cause an economic “Apocalypse”. He adds that he’s “running a moderate net long of about 65%” […]
Read moreBiggs Turns Bearish, Citing “Pathetic” Supercommittee Effort
November 21, 2011 0 Comments
Hedge fund guru Barton Biggs has turned bearish, saying he thinks the odds of a recession in the first half of 2012 have increased to about 60%-70%, and that the “current spurt in the U.S. economy … is going to fade as we get into next year.” Biggs tells Bloomberg that the apparent failure of […]
Read moreBiggs: “Rally Going to Continue for a While”
October 31, 2011 0 Comments
Hedge fund guru Barton Biggs, who had been reducing equity exposure late in the summer months, has recently reversed course and has continued to up his exposure since the announcement of the new plan to stem Europe’s debt crisis. “This morning, all of the wise men of Europe and the economists are very negative about […]
Read moreBiggs High On Cash Amid Fear of Financial Crisis
September 22, 2011 1 Comment
Hedge fund guru Barton Biggs says he’s only 20% net long on equities in this market, and says we may be on the eve of another financial crisis. Biggs says policymakers have tools at their disposal to help, but have failed to come together to do so in Europe or the U.S. “In times like […]
Read moreBiggs Likes “Old” Tech Stocks; Wary of Financials
June 8, 2011 1 Comment
Hedge fund guru Barton Biggs says he’s continuing to find opportunities in the stock market right now, though he’s not too bullish on financials. Biggs tells Bloomberg that worries about further housing-related writedowns and questions about the legitimacy of their book values make financials a question mark. One area he likes: “older” tech stocks like […]
Read moreBiggs Bullish, Despite Slowing Economy
May 25, 2011 0 Comments
Hedge fund guru Barton Biggs says the economy has slowed, but he remains bullish on U.S. stocks. “The U.S. and the global economy have clearly slowed pretty significantly,” Biggs tells Bloomberg Surveillance. “That’s arousing the bears, who believe we’re going to slip back into a long soft patch at best or maybe even a double-dip […]
Read moreBiggs Likes Manufacturers, Capital Equipment Stocks
May 11, 2011 0 Comments
Hedge fund guru Barton Biggs says he has more confidence in the U.S. market than other markets around the world. “We’ve been through a period here where the bull case for the global economies has definitely weakened in the last week or so,” Biggs recently told Bloomberg. “[But] I still feel good about the U.S. […]
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