All the important stock exchanges are closed this Christmas, except of course the TASE that follows the Jewish calendar. While all are predicting the deepening of the bear market into 2019, the Tel Aviv market thinks that the crash was a panic episode and with the discovery of the existence of an adult in the American government, Stephen Mnuchin, who took charge when every else had lost his head, all is well. Pic. Checking his pockets after a meeting with bankers.
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