By his own admission in an interview today with Bloomberg TV, Barton Biggs is "elderly and not as sprite as he used to be" but for our purpose he is perfectly placed. As the almost-perfect contrarian call (bullish into August here and bearish in September here for example) notorious flip-flopper Biggs is now both "terrified he is not long enough" and yet "fears that an apocalyptic end to the Euro could occur within the next 3-6 months". According to Bloomberg, Biggs is net-long around 65% equities and noted he is "terrified I'm too long if the apocalypse is coming in Europe." Yet another canary in the seemingly 'ever-more-full-of-canaries' coal-mine (but now perhaps post OPEX and facing IMF/Greece/IIF reality we will see contrarianism at its best).
Video: http://bloom.bg/wFfnR1#ooid=hhcW5jMzr33u7pURE7ka6lw_39PmBlG3
Video: http://bloom.bg/wFfnR1#ooid=hhcW5jMzr33u7pURE7ka6lw_39PmBlG3
No comments:
Post a Comment