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Barton Biggs Bullish on U.S.

Tuesday, 13 Dec 2011 | 3:15 PM ET

The EU Summit was a step in the right direction, even though the possibility of a downgrade in Europe still exists. Just the same, Barton Biggs, Traxis Partners, remains bullish on U.S. stocks. Biggs believes there are so many cheap stocks he wants to own that it's difficult for him to be a bear.