This interview surprised me as I expected Biggs to be more bullish. As I recall he was a pretty calm voice of reason through the 2008 panic.
He is as of late last week only 20% net long which is down from 85% earlier in the year. He believes we could be on the eve of the next financial crisis.
He is as of late last week only 20% net long which is down from 85% earlier in the year. He believes we could be on the eve of the next financial crisis.
