The "Peretz effect" is over - Comment - Israel News | Haaretz Daily Newspaper
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    • Yonatan
    • 04.04.06 | 12:31 (IDT)

    Yesterday I commented on the "peretz Efffect" on the Tel Aviv Stock Exchange - stocks plummeted for 3 days straight. Now that it is becoming clearer that Peretz will be in the coalition, and probably not as Minister of Finance, shares have risen again, for the second day straight. It's funny looking at the different causes for bull and bear markets in Israel and the US. In Israel it's political issues that have the most influence on the market; in the US it's economic issues, chiefly the price of oil. Well, it's always easier solving someone else's problems: Americans, drive cars that use ethanol! (We Israelis should take the same advice)

    from the article: Katsav to summon Olmert on Thursday to form government
    First published 00:00 04.04.06 | Last updated 00:00 04.04.06
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