Friday, December 22, 2023

The market dismisses the Gaza War


We are in the third month of the Gaza War, and TASE levels have reached and surpassed its pre-war heights. My impression is that the investors feared more the civil disorders of the "Democracy" protests (of course, it had nothing to do with democracy, it was organized by Ehud Barak and the intelligence services, to overthrow "Bibi" Netaniyahu without a democratic election) than the current war against HAMAS.  In fact, the US$ returned to 3.6 shekels, where has not been for a long time. Israel is cheap again and we are prospering.  The leaders of HAMAS (pic) are still fighting. 

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