1 December 2020
1300 794 893

Good News Daily

Good News Daily

Switzer Daily
19 June 2009

The markets could see a 1938-type recovery this year, said Barton Biggs, managing partner at Traxis Partners, which has more than $1 billion under management.
"One of the reasons I'm bullish here is that I'm convinced that the hedge fund industry is in a very, very low risk, conservative position," said Biggs. "We're running a very substantial net-long."
Although the rally is not the start of a bull market, he cautioned, it is "significant."

"We could be in a little pause here while the markets correct," he said. "But basically, we're half way through or a third of the way through a really significant rally." (Source: CNBC) 

Click here to subscribe to the Switzer TV channel on YouTube and keep up to date with all of our shows.

Get the latest financial, business, and political expert commentary delivered to your inbox.

When you sign up, we will never give away or sell or barter or trade your email address.

And you can unsubscribe at any time!
1300 794 893
© 2006-2020 Switzer. All Rights Reserved. Australian Financial Services Licence Number 286531. 
homephoneenvelopedollargraduation-cap linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram