Moody's Says Passage Of First Stage Of Israel's Judicial Overhaul Points To Continued Political And Social Tensions; Risk That Political And Social Tensions Over The Issue Will Continue, With Negative Consequences For The Economy And Security Situation
Portfolio Pulse from Happy Mohamed
Moody's has indicated that the passage of the first stage of Israel's judicial overhaul could lead to continued political and social tensions. This could have negative consequences for the economy and security situation.
July 25, 2023 | 3:42 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Moody's Corporation's credibility as a credit rating agency could be impacted by their forecast on Israel's judicial overhaul.
As a credit rating agency, Moody's Corporation (MCO) is expected to provide accurate forecasts. Their prediction on the potential negative impact of Israel's judicial overhaul on the economy and security situation could affect their credibility if it turns out to be inaccurate.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
The iShares MSCI Israel ETF (EIS) could be negatively impacted by the potential economic and security issues arising from Israel's judicial overhaul.
The iShares MSCI Israel ETF (EIS) tracks the investment results of an index composed of Israeli equities. Therefore, any potential negative impact on the Israeli economy and security situation due to the judicial overhaul could negatively affect the ETF's performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100