Israel Is Now Peerless in the Middle East and Markets
Global investors, who are forward-looking by nature, have made the nation’s currency, debt and equity the world’s top performers. The message is clear.
On top...for now.
Photographer: Andrew Harnik/Getty Images
Anyone wondering how much Israel gained from its 12-day war with Iran can find an answer in financial markets.
The nation’s currency, debt and equity lead the world in terms of appreciation since the conflict began on June 13, according to data compiled by Bloomberg. Israel's superlative markets follow a military assessment that Iran's alleged nuclear bomb program, suspected of imminent completion, will be dysfunctional for years because of the destruction of uranium enrichment sites, supporting facilities and the elimination of top nuclear scientists by Israel Defense Forces with assistance from the US.