Several top strategists are saying that investors should stick with stocks as the bull market enters its third year. Among them: hedge fund guru Barton Biggs. “I don’t think valuations are stretched,” Biggs told Canada’s Financial Post. “The next move in the S&P 500 is more likely to be up than down, and that move [...]
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Tag Archives: Barton Biggs
Biggs Looks to Big, High-Quality Multi-Nationals
February 1, 2011
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Hedge fund guru Barton Biggs says recent economic data is very encouraging, and says he expects the market to continue climbing a Wall of Worry. Biggs tells Bloomberg that he thinks smaller stocks, which have had a lengthy run of outperformance, aren’t the place to be. “I would definitely be betting against them, and betting [...]
Read moreWinters, Biggs on Where the Market Is Headed
January 21, 2011
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Two top money managers, David Winters and Barton Biggs, are sounding bullish on U.S. stocks. Winters, whose mutual funds have excellent long-term track records, told Bloomberg that benchmark indexes may reach record highs as the government helps stimulate economic growth. “Winters, who favors stocks in emerging economies in Asia such as Indonesia, Malaysia and South [...]
Read moreBiggs: Economy Improving, Big Market Gains Could Be Coming
November 26, 2010
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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”, [...]
Read moreBiggs: 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 [...]
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