
Carson Block, founder of Muddy Waters Capital, expressed a bullish outlook on U.S. stocks, particularly recommending investments in the so-called 'Magnificent Seven' companies. He noted that the U.S. labor market remains reasonably strong, which he believes will support continued inflows into the stock market. Block advised investors to focus on U.S. stocks rather than those in China or Europe, which he described as trading at a significant discount compared to the U.S. market. His comments contrast with those of David Tepper, who has advocated for investments in Chinese markets. Block's perspective highlights a prevailing sentiment among some investors to overlook valuation concerns and instead prioritize market flows.
We’ve got famous short sellers saying to “close your eyes” and buy US stocks… Top. https://t.co/rXTzyU4kMc
Famous short seller saying "close your eyes and buy", and "I probably could have just been long the S&P 500". Don't worry about valuation, look at the flows! This is absolutely textbook bull-market capitulation. https://t.co/wvOgrk073A
JUST IN: Carson Block of Muddy Waters said he's skeptical of China & investors should "close your eyes and buy Mag 7” as the US is unlikely to see outflows as the labor mkt is “reasonably strong" This contrasts w David Tepper's call to BUY EVERYTHING China related Thoughts? https://t.co/fxQBLX4Tmn

