Activist short-seller Carson Block, the founder of Muddy Waters Research, says the “markets are broken,” and it’s causing investors who traditionally focus on the fundamentals to have to trade on the technicals.
“They were broken before GameStop (GME), but GameStop and these meme stocks just show how broken they are now. Now, the reason they’re broken is because fundamentals matter less and less every day,” Block told Yahoo Finance Live on Wednesday.
While it’s a confluence of factors that…
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