Trump's Son-In-Law Draws Ire Of Policy Expert For Saying Gaza's Waterfront Property 'Could Be Very Valuable'
Portfolio Pulse from Shanthi Rexaline
Jared Kushner, former senior White House Advisor and Donald Trump's son-in-law, faced criticism for his comments on Gaza's waterfront property, suggesting its potential value if focused on development rather than conflict. Kushner's remarks, made during an interview, implied a controversial stance on relocating Gaza's population for property development, which was criticized as advocating for ethnic cleansing. Despite the backlash, Kushner, known for his role in the Abraham Accords, continues to engage in property development, recently securing a deal in Serbia.

March 20, 2024 | 9:24 am
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NEUTRAL IMPACT
The iShares MSCI Israel ETF (EIS) may experience volatility due to Kushner's controversial comments on Gaza, potentially affecting investor sentiment towards Israeli equities.
While Kushner's comments have sparked controversy, the direct impact on the iShares MSCI Israel ETF (EIS) is uncertain. The ETF's performance is more closely tied to broader market trends and the performance of its constituent companies rather than individual political statements. However, heightened tensions or changes in investor sentiment towards Israel as a result of these comments could introduce volatility.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50