"The election results indicate that the next government will focus on a social agenda, and we hope that the government will be able to maintain a budgetary balance and keep the economic principles of the Sharon government, which the world welcomed and attracted foreign investment."
Let me think. Who was it who architected the Sharon administrations economic policies? Maybe you can remind me, Anotherview. Ah heck, I know who. I just want to see you type it.
“Kadima will inherit the Likud’s economic approach of the free market."
That is a huge assumption, unlikely considering the massive social welfare spending losers who Kadima will have to form a coalition with.
"Therefore, the choice of the next finance minister is critical. It’s no secret that foreign investors support a free market, so if Kadima surrenders the finance portfolio, this will have negative repercussions on the market."
It may have a negative impact anyway, since there's 0 evidence that they will continue the current policies. In fact it points in the other direction. Olmert trashed the guy whose name I want you to type over his policies during the election.
"That said, the Labor Party has been sending more responsible signals recently, and it seems that it will also try to preserve the budget framework."
I usually expect this kind of schizo response from you, not from Goldman Sachs. Elsewhere in the article GS discusses how the capital markets fear Peretz... the leader of Labor.
You're being kind. It's not an assumption, it's a load of crap.
Likud was hurt, and Bibi was personally blamed, for the "pain" inflicted by his economic reforms.
No way Labor in the Government allows that path.
And it already begins.