Short Seller Block Calls U.S. Stocks Rally ‘Dead-Cat Bounce’

Prominent short seller Carson Block, founder of research firm Muddy Waters LLC, said on Wednesday he remains bearish on the U.S. stock market and that the recent rally 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. "I just don't know if there are that many more bullets that central banks could fire."