While many are fearful about the repercussions of the Irish debt crisis, hedge fund manager Barton Biggs says both the U.S. and global economies are improving. Biggs tells Bloomberg that he has about half his portfolio in emerging markets, mostly in Asia, and half in U.S. stocks. He also says that, “all things being equal”, [...]
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Tag Archives: Barton Biggs
Biggs: Bernanke Is Right
November 5, 2010
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Hedge fund guru Barton Biggs says Federal Reserve Chairman Ben Bernanke did what he had to do in employing the latest round of quantitative easing. Biggs tells Bloomberg that Bernanke is trying to get the U.S. out of the “normal deflationary death spiral that would follow a big financial panic”. But Biggs also says that [...]
Read moreBiggs Bullish, Wants More Easing
October 18, 2010
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Hedge fund guru Barton Biggs says that, while it can be a “dangerous exercise” if it fails, further quantitative easing will work and should be pursued by the Federal Reserve. Biggs also tells CNBC that he thinks the market has more room to run, and that big, high-quality U.S. and European stocks are the “cheapest [...]
Read moreBiggs: Now Isn’t Time to Be Underinvested
September 1, 2010
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Barton Biggs says the odds of a double-dip recession are “pretty remote”, and says he doesn’t think now is a time to be underinvested. The hedge fund guru tells Bloomberg that he puts the odds of a double-dip somewhere around 1-in-5. He’s nervous about some economic factors, but likes the bearish sentiment in the market, [...]
Read moreBiggs Thinking Big — and High-Quality
July 26, 2010
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Hedge fund guru Barton Biggs says there’s “no question” that the cheapest liquid investment asset in the world is “big, high-quality U.S. stocks.” Biggs also tells Bloomberg that he is bullish overall and is 75% net long on equities.
Read moreBiggs, Mobius Sounding Bullish
May 28, 2010
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Hedge fund guru Barton Biggs says he thinks the market is ready to “pop”, and that the upturn will come very soon. “I think [stocks] are going to stabilize in this general area, and then we’re going to have a significant move to the upside,” Biggs tells Bloomberg. “The market is very, very oversold, and [...]
Read moreBiggs Sees Tech Sector Leading Next Push Upward
May 11, 2010
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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 [...]
Read moreBiggs: It’s Never Different
March 23, 2010
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While some say we’ve entered an economic and investing world in which things are “different this time”, hedge fund guru Barton Biggs tells Bloomberg that “the world is never different”, and that fearful investors will eventually come back to stocks. Biggs says human nature, fear, and greed will continue to drive markets going forward, as [...]
Read moreBiggs Still Bullish
March 19, 2010
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Top hedge fund manager Barton Biggs, who called the rally last year when many were shunning the market, remains high on stocks. “I’m bullish,” Biggs recently told Bloomberg Television. “Earnings are coming in very, very strong. The surprise is going to be how good economic growth is.” Biggs says he’s particularly high on emerging markets. [...]
Read moreBiggs Still Bullish, Warns Against “Bubble Watching”
January 26, 2010
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Hedge fund guru Barton Biggs says he remains bullish on stocks, despite the factors that have spooked some investors in recent days. Biggs tells Bloomberg that the U.S. economy is in a “strong recovery”, and that he thinks the U.S. will grow in the 5% to 5.5% range in the next couple quarters. He also [...]
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