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‘We’re at this point where stock markets are just ludicrous,’ says Carson Block MarketWatch 2/2/2021
MARKET EXTRA
Carson Block thinks that investing sentiment is reaching ludicrous levels and that could eventually fracture a market that he views as fragile.
The founder of San Francisco-based Muddy Waters, who made his name shorting Chinese stocks, told MarketWatch in a Monday-afternoon interview that the dust-up between a select group of individual investors using Reddit chat forums and a clutch of professional investors highlights the problems swirling in a market that has been buttressed by easy-money policies from the Federal Reserve and government aid to help stem the economic harm from the COVID-19 pandemic.