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 says valuations on stocks remain attractive. Among the areas he’s high on: large, high-quality technology stocks, large, multi-national growth plays, and high-quality drug firms.


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