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Dollars & Sense: The Crisis in Israel and the State of the Economy

Dollars & Sense: The Crisis in Israel and the State of the Economy

October 12, 2023

Fall is setting in, there’s a chill in the air, and the leaves are changing colors here in Massachusetts. Unfortunately, our focus has been on the horrific terrorist attacks going on in Israel. As Israel has stated, this is their September 11th. If you think about the size of the population of Israel compared to the U.S.A., it’s almost six to ten times worse than the number of deaths and destruction that they’ve had in a single day. We have absolute full confidence in the power of Israel and the support of the American Government along with other government entities to hopefully wipe out terrorism in the Middle East. Our hearts are with every single person affected by this act of terrorism.

One of the questions people continue to ask us about with the war in Israel and Gaza, the challenges with the economy, and what’s going on with Ukraine, is how does that impact the state of the economy? One of the things we review frequently with our clients is what has happened over the past year. We also look at the bigger picture by looking back three years, five years, ten years, etc., to show the value of long-term investing. We’re happy to report that over the past year we have seen positive returns after a terrible 2022.

Tune in to this week’s episode of Dollars & Sense as Marc and Marion discuss how the war in Israel and current events could affect the economy and stock market in a language you can understand.

A full complement of Dollars & Sense broadcasts found here.

During Dollars & Sense with Freedman Financial, your host, Marc Freedman, may discuss specific financial planning and investment ideas. These discussions are for general information only and are not intended to provide specific advice or recommendations.

Securities and advisory services are offered through LPL Financial, a Member of FINRA and SIPC.

Always consult a Certified Financial Planner professional, qualified attorney, or tax advisor prior to investing to determine what is appropriate for you.

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