How can I rotate investments into Israel, whose market seems to be doing exceptionally well despite the current geopolitics?
To the mods, this is not meant to be a political post.
But with the S&P down 7% YTD and the world being on the verge of an intentionally made financial/energy crisis, and my own portfolio downing 10%+ YTD (I have a bigger tech concentration), I started looking into alternatives to the U.S. market.
I'm extremely bullish on China long term, but I do not believe their stock market is investable, and due to their government foreign investment channels are opaque and risky.
EU isn't doing that well and I think they are just as exposed to the current macro risks. Japan is a lost cause.
Then I discovered that Israel's TA-125 (Tel Aviv stock exchange) is +10% YTD and +60% YoY, with the Israeli currency up 50% against USD YoY.
Obviously the current geopolitical situation is engineered purposely in order to benefit Israel, and due to their election being in October, I believe it will not de-escalate before then.
The question is how to take advantage of the situation and hedge against the market. As an American I understand it's our duty to sacrifice ourselves for the well beings of our most important ally in the Middle East, but as someone with a financial stake in this I'd like to profit from it as well.