Moshe Cohen, a prominent figure in the Haredi financial sector, announces his retirement from the stock market after posting a 232% profit since the start of the year, claiming the market is a bubble about to burst.
Moshe Cohen, a well-known figure in the Haredi (ultra-Orthodox Jewish) investment community, announced Tuesday evening that he is withdrawing from active trading and closing his positions after achieving a 232% return since January. In a statement, Cohen said he believes the current market rally is unsustainable and that a bubble is likely to burst. Cohen did not specify which assets or sectors he regards as overvalued, and the announcement originated from a single source. No prior coverage of Cohen's market views or this decision has been published by The Zioneer.
- DevelopingJournalist Chaim Cohen warns police inaction on Haredi protests will 'end in blood'
- DevelopingMK Yoav Ben-Tzur warns Haredi public could face danger if Bennett, Lapid return to power
- DevelopingManufacturers warn of closures as shekel strengthens, demand govt action
- DevelopingGafni declares the 'bloc' dead; religious-Zionist camp urged to reconsider coalition
Source and signal
A single-sourced dispatch is never rated Confirmed or Strong. Its Signal strengthens only when a second, independent source corroborates it.
- Internal intake