Biggs Sees More Gains on Horizon

Hedge fund guru Barton Biggs says he thinks stocks are going to continue to go higher, and expects another 10% to 15% gain for the market. Biggs offered that assessment to Bloomberg TV, basing his belief on an analysis of previous secular bear markets and their ensuing recoveries. He also says he’s heartened by the way the global economy is recovering, but adds that he’s skeptical we’ll see new market highs in the near future. [youtube=]

Wien, Biggs, Leuthold, Sonders: Don’t Dismiss the Rally

While the stock market rebound has been met with great skepticism, several top strategists — including some not known for their bullishness — are beginning to think that the rally is indeed for real, reports Financial Advisor Magazine’s Evan Simonoff. “Normally sober, often vinegary sages ranging from Byron Wien to Barton Biggs to Steve Leuthold to Michael Price think that a market which stubbornly refuses to correct its deviant behavior by more than a few percentage points it is trying to tell us something,” writes Simonoff. Leuthold, for example, says the S&P 500 could hit 1,250 by the first quarter […]

Biggs vs. Mauldin: Will The Rally Hold?

The big question in the market these days is, of course, whether the current rally is really the start of a new bull run, or if it is another bear market head fake. And two interesting, differing takes on the topic come from top strategists Barton Biggs and John Mauldin. In a recent CNBC interview, hedge fund star Biggs says the rally could well be for real. As of mid-April, he saw 40 signs that the environment was starting to improve. Global manufacturing is improving, consumer demand is strengthening, new orders are up, and inventories have fallen to new lows, […]

Lynch: Stocks Still Best Choice for Long Term

In a recent interview with The New York Times, former Fidelity star manager Peter Lynch says that the recent market plunge and financial crisis hasn’t shaken his belief that stocks are the best long-term choice for investors. “I can’t tell you anything about where the market will be in the next six months or 12 months or two years,” Lynch said. “But at some point in the future, I think you’ll look back and see that we’ve gotten through this … [and that] stocks turned out to be the best bet.” Three other top Wall Street minds interviewed by the […]