Merrill goes bullish on Israel, noting its resilient performance vs. other emerging markets,...
Merrill goes bullish on Israel, noting its resilient performance vs. other emerging markets, strong currency, and the fact that many investors remain underweight Israel. ”True to its traditional role of GEM diversifier, Israel has outperformed EM throughout each of seven major global corrections since 1993," firm says. (ETFs: ISL, EIS)
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