Fed's Kashkari Says Conflict In Israel If It Gets Big Enough Could Have Implications For U.S. Economy
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Neel Kashkari has stated that the conflict in Israel, if it escalates significantly, could have implications for the U.S. economy.
October 10, 2023 | 8:11 pm
News sentiment analysis
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NEGATIVE IMPACT
The iShares MSCI Israel ETF (EIS) could be affected by the escalating conflict in Israel, as it could impact the U.S. economy and thus investor sentiment towards Israeli assets.
The conflict in Israel, if it escalates, could have negative implications for the U.S. economy. This could lead to a decrease in investor sentiment towards Israeli assets, such as the iShares MSCI Israel ETF (EIS), potentially leading to a decrease in its price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The SPDR S&P 500 ETF (SPY) could be affected by the escalating conflict in Israel, as it could impact the U.S. economy and thus the overall market sentiment.
The conflict in Israel, if it escalates, could have negative implications for the U.S. economy. This could lead to a decrease in overall market sentiment, potentially leading to a decrease in the price of the SPDR S&P 500 ETF (SPY).
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 60