Barton Biggs Interview About U.S. Economy, Stocks

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July 2 (Bloomberg) -- Barton Biggs, managing partner at Traxis Partners LLC, talks about the outlook for the U.S. economy and investment strategy. Biggs said he’s worried the U.S. may enter a recession for the second time in three years and has reduced the risk of his investments as a result. He said the Standard & Poor’s 500 Index may decline 10 percent to 15 percent if there’s another recession. Biggs speaks with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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