The Standard & Poors (S&P) credit rating agency upgraded its credit rating for Israel from A+ to AA- (stable outlook), ushering Israel into an exclusive group of 15 nations that hold the prestigious AA ratings (AA+, AA and AA-). The upgrade was announced on Friday, August 3rd after S&P changed …
Building a Nation: Israel’s Booming Real Estate Market
When author Mark Twain visited the Land of Israel (then still called Palestine) in 1867, he penned impressions of what he witnessed in his book “Innocents Abroad”: “A desolation is here that not even imagination can grace with the pomp of life and action. We reached Tabor safely. We never …
Israeli stock market – outperform Wall Street
Macro-economic Analysis: Indicators suggest the Israeli stock market is set to outperform Wall Street in the coming years By Wise Money Israel Analyst In the past 5 years, the U.S. stock index S&P 500 increased approximately 105%. The Dow Jones Industrial Index returned about 86%. However, during that time period, …
Strong Rally on Israeli Stock Market
Israel’s stock market is hitting new highs, surpassing Wall Street by far in 2015. The Tel Aviv Stock Exchange leading stock index (Tel Aviv 25) has returned 16% thus far in 2015, and doesn’t seem to be slowing down. The S&P 500 U.S. index returned only 3% YTD in 2015. It’s …