Two key economic variables served as a sophisticated barometer regarding investor expectations for the election outcomes. Until the afternoon of Election Day, expectations leaned toward an upheaval and a narrow victory for the “Change Bloc.” This immediately manifested in a roughly 1.5% drop of the dollar against the shekel.
A day before the election, trading on the stock exchange surged, with the Tel Aviv 35 index jumping 1.9% in anticipation of a political shift. However, the markets received a slap in the face due to the political stalemate. Late the day before yesterday, and more precisely the following day, as the
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