The recent market downturn has caused nervousness among investors, with the S&P 500 index completing a 5% decline from its recent all-time high and the Nasdaq shedding about 7% of its value from its peak. These declines have also affected the local stock exchange in Tel Aviv. Despite surviving a rating downgrade by S&P, the Tel Aviv 35 index has seen a 3.8% decrease and the Tel Aviv 90 index has experienced a 4.6% decline since the beginning of the month.
For those interested in understanding the fear index and potential profit opportunities, there are resources available online. Investors can also stay up to date with news on Wall Street by tracking the top most expensive stocks on Wall Street. Despite recent declines, it is important to take a broader view and recognize that current market fluctuations follow a year and a quarter of profits in markets abroad, which saw a nearly 37% increase in value last year.
The weakening shekel has helped offset some of the damage to Israeli investors during this market downturn. Hot trend investors in the S&P 500 may be particularly vulnerable this month, with potential negative returns on their investments. While various factors contribute to market declines, it is recommended not to try to time them, as investing experts advise against making short-term decisions based on current market trends.
Investors should pay attention to upcoming interest rate decisions by both Bank of Israel and US Fed as they may impact future market trends. It is important to maintain respectful discussions around financial topics and avoid expressions of violence, racism or incitement as guided by code of ethics for financial discourse.
