About Me

My photo

God desires that ALL people would accept God's love and salvation through Jesus Christ. God has compelled me to share information with the world relating to the biblical seven year tribulation in order to share Truth in a deceived world.

In the beginning was the Word, and the Word was with God, and the Word was God. He was with God in the beginning. Through Him all things were made; without Him nothing was made that has been made. In Him was life, and that life was the light of men. The light shines in the darkness, but the darkness has not understood it. (John 1:1-5)

Jesus answered, "I AM the way and the truth and the life. No one comes to the Father except through me." (John 14:6)

Tuesday, March 18, 2008

US Analysts Forsee Continued Shekel Strength - News Briefs - Arutz Sheva

US Analysts Forsee Continued Shekel Strength - News Briefs - Arutz Sheva
Lehman Brothers analysts see no immediate end to the shekel's surge against the dollar, Globes business news report.

The analysts, Tolga Ediz, Silja Sepping, and Manik Narain, see "very strong fundamental reasons" for the shekel to strengthen further.

"Much of the shekel’s appreciation has been the result of the dollar’s collapse and a rising rate differential to the US," the added. "At a time when the global economy is under pressure, when Israel’s stock market has outperformed the S&P 500, and when a significant interest rate differential has opened up, Israel looks like a safer investment. We would not be surprised to see local investors bringing back income that they have accumulated abroad. Even a slowdown in these outflows would push the shekel higher, given the existing current account surplus."

No comments: