“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.”
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.
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.