Barton Biggs remains extremely bullish on U.S. stocks.The debt problems of a few small European nations are a tempest in a teapot:
“I’m betting the next move in the U.S. market is going to be up 15 to 20 per cent,” Biggs, who runs New York-based hedge fund Traxis Partners LP and whose flagship fund returned three times the industry average last year, said in a Bloomberg Television interview today. “I would just point out that the world is having a strong economic recovery, and so is Europe.”
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