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‘Close Your Eyes and Buy’ US Stocks, Not China, Muddy Waters' Carson Block Says
Posted
October 21, 2024
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Muddy Waters Capital Founder and CIO Carson Block says China "doesn't feel like it really needs foreign capital and I don't think it intends to be accommodating to foreign capital." According to Block, investors should "close your eyes and buy, probably Magnificent Seven” stocks as the US is unlikely to see outflows as long as the labor market is “reasonably strong." He speaks to Haslinda Amin on Bloomberg Television.
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