Past the two Bentleys in the driveway and beyond the pool and mini water park, the home theater and a sports bar hung with enough memorabilia to equip a basketball team, Tom DeMark has his office -- a dark, wood- paneled lair with six computer screens.
Following the Standard & Poor’s 500 Index’s record high in November, will stocks continue their ascent amid what’s likely to be lackluster global expansion in 2014? In September, the U.S. Federal Reserve’s unexpected delay in tapering its stimulus program whipsawed debt markets. Where should bond investors go for returns?
John Burbank, founder and chief investment officer of Passport Capital LLC, talks about his investment ideas. Bloomberg's Margaret Brennan reports on Bloomberg Television's "Inside Moves." (Source: Bloomberg)
John Burbank, the hedge-fund manager who’s betting on a global recession, plans to follow rivals in buying U.S. mortgage securities without government backing amid increasing signs the housing market is recovering.