I expect the Israeli stock market to outperform the S&P in 2017. President elect, Donald Israeli Trump , is a fanatic Israeli supporter and will provide the stability and security necessary for this market to rise. Just listen to some of the comments, the President elect made this morning:
""We cannot continue to let Israel be treated with such total disdain and disrespect," he said in a two-part tweet. "They used to have a great friend in the U.S., but ... not anymore. The beginning of the end was the horrible Iran deal, and now this (U.N.)! Stay strong Israel, January 20th is fast approaching!"
Trump later told reporters that Israel is being treated "very, very unfairly," maintaining that countries that are "horrible places" never get reprimanded. He refused to directly answer a question about whether Israel should stop building settlements, saying he is "very, very strong on Israel."
The president-elect's comments about Israel came a few hours after John Kerry made his final speech about Mideast peace as secretary of state. Kerry criticized Israel for settlement-building and accused Prime Minister Benjamin Netanyahu of dragging Israel away from democracy."
finance.yahoo.com
The Israeli market is cheap has done nothing over the past 4 years thanks to the hostile policies of the Obama administration. This will now change.
I am playing the Israeli market through the ETF EIS.
I am also long ICL (Israeli Chemicals) which is a stock you want to own if you believe in the reflation trade. I see a potential 10 bagger here and ICL offers a very nice dividend. And yes, I posted my trade online on SI in regard to ICL and Mythman can verify that as we discussed it via PM. |
