For Israel’s warfare-based economy, peace isn’t an option
The Financial Times reports: Since the Oct. 7, 2023 attacks on Israel, the best-performing major stock market in the world is … Israel. After taking an initial hit, the market recovered fully in four weeks, and since then is up around 80 per cent in dollar terms. This ascent continued through the recent 12-day war with Iran, when most geopolitical experts thought their worst fears of a wider conflict were coming to pass. The stock market, in contrast, kept signalling…