Israel is going through its best economic times, it is growing at the record-breaking rate of 10% per year. The rest of the world is starting a recession cycle but Israel seems to be unhurt. But the bourse is falling like a dead duck. Industries that I regard invincible, like ICL, Kenon and the banks, are being valued cheaper by the day. Theoretically, there should be a correlation between the economy and stocks. TASE is a puppet of the NASDAQ, that pulls the wires, but Gadzooks!, why?
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