Biggs Sees Market Weakness, But No Double Dip

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 […]

Biggs Sees Pullback, Then Continued Market Gains

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 […]

Biggs Getting More Bullish

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 […]

Biggs Bullish, But Cautious

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%” […]

Biggs: “Rally Going to Continue for a While”

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 […]

Biggs High On Cash Amid Fear of Financial Crisis

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 […]

Biggs Likes “Old” Tech Stocks; Wary of Financials

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 […]

Biggs Bullish, Despite Slowing Economy

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 […]

Biggs Likes Manufacturers, Capital Equipment Stocks

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. […]

Biggs Looks to Big, High-Quality Multi-Nationals

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 […]

Winters, Biggs on Where the Market Is Headed

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 […]

Biggs: Economy Improving, Big Market Gains Could Be Coming

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”, […]

Biggs: Bernanke Is Right

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 […]

Biggs Bullish, Wants More Easing

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 […]

Biggs: Now Isn’t Time to Be Underinvested

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, […]

Biggs Thinking Big — and High-Quality

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.

Biggs, Mobius Sounding Bullish

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 […]

Biggs: It’s Never Different

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 […]

Biggs Still Bullish

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. […]

Biggs Still Bullish, Warns Against “Bubble Watching”

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 […]

Biggs Sees Market Moving Higher

Hedge fund guru Barton Biggs tells Charlie Rose that he expects the next major move in the market will be to the upside, and says he thinks the U.S. would be wise to add more stimulus into its recovering economy. Biggs says he’s looking for the market’s next big move to be a 10% to […]