JPMorgan Chase sign in front of its headquarters in New York, 2022. (Photo: Shutterstock)
The intersection of geopolitics and economics often results in unpredictable market dynamics, particularly in regions with frequent conflict. Israel’s wartime economy is a prime example. While many anticipated a stabilization of the Israeli stock market and currency following the ceasefire with Hezbollah, reality defied expectations. Instead of an immediate rally, the shekel weakened, and local indices faltered. Yet, amidst the turmoil, foreign investors – especially global banks – emerged as unexpected beneficiaries, leveraging volatility for significant gains.
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