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Israel: An Isle of Tranquility?
http://www.straightstocks.com/ investing-in-israel/ israel-an-isle-of-tranquility/
Israel: An Isle of Tranquility? Aaron Katsman Writes: With global markets reeling and investors completely having lost faith in the financial system, the question needs to be raised whether Israel will turn into safe haven for investors fleeing financial turmoil. The Shekel continues to strengthen against the USD and many Israelis have been sending money back to Israel in droves. But I can’t imagine that in this era of a truly global economy with global interdependence, Israel will remain largely unaffected by the surrounding turmoil. It just doesn’t make sense.
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