Barton Biggs: Bearish on China? You’re in for a Rude Awakening (FXI, THD, IDX)
With the global financial markets keeping undivided attention on Europe for the past few months, a quiet and potentially alarming slowdown in China has fallen under the radar. While some global markets rallied through the drama, benchmark indexes in Shanghai and Hong Kong were falling as the world’s favorite growth story appeared to be fraying. But according to famed investor Barton Biggs of Traxis Partners, that slump is over.
“I think right now we are beginning a run in China,” Biggs told me on Wednesday at his 5th Avenue office. “For the last four months China has hurt me rather than helped me, but I think it is about to end.”
See the full “Breakout” interview below:
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Related ETFs: Market Vectors Indonesia Index ETF (NYSE:IDX), iShares FTSE China 25 Index Fund (NYSE:FXI), iShares MSCI Thailand Invest Mkt Index (NYSE:THD)
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