Tuesday, November 20, 2018

Bad day at the Stock Exchange

There have been imperceptible changes in the world, which are starting to exert pressures and stresses. The EU is in chaos, Merkel is weak and Britain is rudderless. The hostility between the USA and China is deepening, Japan is re-arming, Australia is prospering and becoming a regional power. The government in Israel is unstable and rivalries are hardening. My NASDAQ portfolio lost weight in the last week, and today TASE has followed downwards. Bank Hapoalim lost 5% and other heavy stocks are crumbling. The diamond companies of Lev Levaiev are paralyzed and the employees interrogated by the police (pic). A female executive jumped from the TASE building and instantly solved her difficulties. The police asked to jail the Minister of Interior, Arieh Dery, for something related to the financing of his new palace in Jerusalem. 

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