March 9, 2016 / 5:02 PM / in 2 years

Carson Block says recent rally in U.S. stocks feels like 'dead cat bounce'

NEW YORK, March 9 (Reuters) - Short-seller Carson Block, founder of research firm Muddy Waters LLC who exposed accounting problems and wrongdoing at a slew of Chinese companies, said on Wednesday that the recent rally in the U.S. stock market feels like a “dead cat bounce.”

“I would say that this does feel like it is a dead cat bounce because how much more ammunition really do policymakers have?” Block told Reuters at its New York headquarters. (Reporting By Jennifer Ablan)

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