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Israeli Stock Market Soars on Nuclear News
Slate ^ | Nov 24 2013 | Matthew Yglesias

Posted on 11/24/2013 7:22:49 PM PST by WilliamIII

Western stock markets are closed on Sundays, but Israel's exchange is open and its ongoing rally is continuing as the market reaches a new high today.

(Excerpt) Read more at slate.com ...


TOPICS: Business/Economy; Foreign Affairs; Israel
KEYWORDS:
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1 posted on 11/24/2013 7:22:49 PM PST by WilliamIII
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To: WilliamIII

Everyone has gone all meshuggah.

They should be digging shelters, not driving up stocks.


2 posted on 11/24/2013 7:27:53 PM PST by Bobalu (Ted Cruz was right and his star now shines bright)
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To: WilliamIII

I don’t get it. Obamanation has given Iran permission to make Israel a radioactive hole in the ground, and ISRAELI stocks go up? Are these people crazy?


3 posted on 11/24/2013 7:28:58 PM PST by backwoods-engineer (Blog: www.BackwoodsEngineer.com)
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To: WilliamIII

“The market is rising on momentum fueled by what’s happening in the world and low local interest rates,” Idan Azoulay, managing director at Tel Aviv-based Epsilon Investments, which manages the equivalent of about $2 billion, said by phone. “Iran is not a factor in trading today.”

http://www.bloomberg.com/news/2013-11-24/israel-stocks-extend-rally-as-traders-weigh-iran-accord-rates.html


4 posted on 11/24/2013 7:31:13 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: backwoods-engineer

Presuming the story is factual (a big if considering it’s from a commie source, Slate), it might be due to defense industry stocks rising. If Israel is building up its arsenal in reaction to a nuclear Iran, there’s a lot of money to be made by the savvy investor.


5 posted on 11/24/2013 7:33:38 PM PST by re_nortex (DP - that's what I like about Texas)
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To: backwoods-engineer

I imagine their defense industry is causing stocks to rally.


6 posted on 11/24/2013 7:33:42 PM PST by Slump Tester (What if I'm pregnant Teddy? Errr-ahh -Calm down Mary Jo, we'll cross that bridge when we come to it)
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To: Oldeconomybuyer

Yiippee!! Now we need a picture of my cousin BagdadBob telling us all is right with the world and Iran will not makes nukes. He double guarantees it.


7 posted on 11/24/2013 7:34:15 PM PST by BipolarBob
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To: Oldeconomybuyer

That guy’s statement seems contradictory, doesn’t it? He says the market’s driven by “what’s happening in the world”, but “Iran is not a factor”. As if the Iran issue weren’t part of “what’s happening in the world”

And if the Israeli markets aren’t spooked by the Iran deal, by definition that means Israel’s financial gurus don’t buy Netanyahu’s alarmism.


8 posted on 11/24/2013 7:35:01 PM PST by WilliamIII
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To: re_nortex

Was thinking that same thing...defense industry stocks.


9 posted on 11/24/2013 7:39:15 PM PST by Jane Long (While Marxists continue the fundamental transformation of the USA, progressive RINOs assist!)
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To: WilliamIII
Netanyahu’s alarmism.

What!?!? Bibi Netanyahu is a man of God and a true Patriot. He's by no means an alarmist and here's the proof:


10 posted on 11/24/2013 7:40:31 PM PST by re_nortex (DP - that's what I like about Texas)
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To: Bobalu

Absolutely right!


11 posted on 11/24/2013 7:45:15 PM PST by DoughtyOne (Obama, the Democrat Party, the Left in the U. S., have essentially become the 4th Reich.)
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To: WilliamIII
Poor, pitiful schmucks.
Alan Greenspan, one of the greatest shmucks in his right, would be proud.
Irrational exuberance, indeed.

Nu, I should worry?? The Iranians say they want nukes for electricity only. Who am I to deny them?? And waiter, an extra shmear on my bagel.....

12 posted on 11/24/2013 7:51:06 PM PST by lbryce (Obama:The Worst is Yet To Come)
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To: backwoods-engineer

Unfortunately a massive war can be a significant stimulant to an economy.


13 posted on 11/24/2013 7:52:38 PM PST by Gabrial (The nightmare will continue as long as the nightmare is in the Whitehouse.)
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To: WilliamIII
Crazy since the “agreement “ does nothing to stop Iran's nuke bomb factories and ICBM s. But the Israeli economy is itself pretty hot due to its many successful scientific and technical and medical health companies. There is no apparent connection whatsoever with the agreement. Israelis have just learned to take these very negative political things with the proverbial grain of salt is all. They know they can turn Iran or any other enemy into a parking lot with a beautiful nighttime glow , anytime it were to become necessary, and meanwhile they try everything they can to prevent that from becoming necessary. Unfortunately, Obama keeps promoting and defending and now financing the islamoNazi empire that's sworn to destroy America, etc. so, yes, the agreement pushes the world another step towards Agamemnon. Very bad. Very dangerous. Pray for America.
14 posted on 11/24/2013 7:56:07 PM PST by faithhopecharity
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To: faithhopecharity

Maybe they’re expecting “wartime boost.”

With what, maybe 4 nukes against Israel’s several hundred, Israel is probably mulling something like bettering its Iron Dome system, which would knock an Iranian nuke out of the sky. Kinetic anti missile missiles.

Now if Iran managed to smuggle one in on land or by water that would be a different story.

I say Jehovah is watching out for those Jews. God is not going to recall all those bibles to revise the story.


15 posted on 11/24/2013 7:59:44 PM PST by HiTech RedNeck (The Lion of Judah will roar again if you give him a big hug and a cheer and mean it. See my page.)
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To: WilliamIII

If you read the brief article, it’s obvious that this guy is a Democrat shill, whose purpose is the say that those evil Republicans who criticize Obama’s deal with Iran are wrong.

I just had a look at the chart for Israel’s stock market today, however, and I don’t see any signs of a notable rise. Sure, it’s up a little bit, 0.62%, but nothing out of the ordinary.

http://finance.yahoo.com/q?s=%5ETA100

I’d say this is just a bit of leftist propaganda, not a real news item.


16 posted on 11/24/2013 8:07:11 PM PST by Cicero (Marcus Tullius)
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To: Slump Tester

Gold in Peace. Iron in War.


17 posted on 11/24/2013 8:19:55 PM PST by DubbleBlubble
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To: WilliamIII

18 posted on 11/24/2013 8:20:01 PM PST by Free Vulcan (Vote Republican! You can vote Democrat when you're dead...)
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To: faithhopecharity

Why are we moving towards a Mycenaen King?

(I know what you meant, just having some fun.)


19 posted on 11/24/2013 8:43:32 PM PST by EEGator
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To: HiTech RedNeck
A missile defense system like iron dome is necessary but insufficient Prudence dictates a forward defense policy lest you appear as a sitting duck in a shooting gallery. Russia has zillions of valuable natural resources under its control but nobody attacks her They realize they'll be wiped out if they try. Although somewhat irreverent perhaps , the old adage is true , “ praise The Lord and now pass the ammunition. “. You have to be ready to defend yourself ( and you have to make this crystal clear to all comers) if you want to be able to live in peace.
A purely pacifist policy or appearance is an open invitation to war.
20 posted on 11/24/2013 8:50:20 PM PST by faithhopecharity
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