.

Tuesday, February 13, 2007

Time for some good news

The Tel Aviv stock exchange hit record highs today.

Investors are rarely philanthropic. They are out to make money, and as such, a stock market is usually a pretty good indicator of the thinking of the smartest financial minds in the world (there are exceptions, of course, when a herd mentality or fad takes over.)

It is remarkable that - even with the threats facing Israel every day - it is considered a very good place to invest.