Tech Continues to Lead Israel Boom
If the United States were growing as well as our Israeli ally, we’d be in fat city right now. The news from the little Mediterranean powerhouse just keeps looking up. GDP rose 3.8 percent last quarter, down from 4.5 percent in the previous quarter, but still very brisk. Technology stocks overwhelmingly lead the way. George Gilder’s thesis in The Israel Test is thus validated daily. Imagine a developed country that sells more to China than it buys!