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Yes:
Bibi should do both:
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The Unexpected Result When the Fed Changes Course
By Marc Chaikin, founder, Chaikin Analytics
At first glance, the investing landscape seems to be improving...
Despite pulling back yesterday, the S&P 500 Index is still up about 8% from its October bottom. And the tech-heavy Nasdaq Composite Index is up around 4% over that period.
Inflation is cooling off, too...
Last week, the latest Consumer Price Index update came in at 7.1%. That's still near multidecade highs. But it's a big improvement from where we were just a few months ago.
With all that said, the Federal Reserve still holds the market's life in its hands...
Chair Jerome Powell made that clear with his comments after the Fed's December meeting ended this week. And the central bank's latest 0.5-percentage-point hike to the benchmark interest rate reminded the markets that its "hawkish" position isn't changing anytime soon.
Now, it appears that the market's bottom will come slightly later than I previously expected. Specifically, a new low will likely occur in the first quarter of 2023. Here's why...
I'm sure you've heard the "Fed pivot" thesis by now. It's the idea that inflation will cool, the Fed will lower rates, and the market will go right back to normal.
It's an appealing idea. After all, everyone wants the good times to return.
But market pundits are making a big mistake if they expect the Fed to pivot and a stock-buying rush based on that hope. As I've said before, "hopium" could wreck your portfolio.
For nearly 70 years, no bear market has ended until the Fed lowered interest rates.
Powell recently said that the Fed isn't pivoting yet. But even if it did, the data shows that we would still need to deal with more volatility in the markets for some time.
Investors should be careful what they wish for...
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Ronna McDaniel, GOP Chair, needs to be fired/replaced. How many elections are Republicans willing to lose before they realize they are uncompetitive? They have the better message but do not know how to package and sell the damn thing. They are wusses. Take Mc Connell with her.
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So many Israeli innovations and activities illuminate all of our lives.
In this latest positive newsletter, cancer and cystic fibrosis patients on trials of the latest Israeli treatments will hope for a brighter future. A breakthrough Israeli therapy uses UV light to release medication into the body. And two Israeli AI systems will provide virtual "warning lights" to alert doctors and patients to life-threatening conditions.
The light is certainly shining on Israeli relations with Arab countries. Israel attended the Arab cybersecurity conference, played Israel's National Anthem in Abu Dhabi, and even lit Hanukkah candles in Qatar.
Israeli technology news includes a super-efficient heat engine from the aptly named Luminescent Solar Power; solar panels inside greenhouses to help grow food crops; and even drones with flashing lights to save bats from flying into wind turbines. Europe has certainly seen the light, purchasing Israeli systems for wastewater treatment in France, reducing food waste in the Netherlands, and saving lives on roads in Germany.
Finally Israeli children unearthed a 2000-year-old lamp; archeologists have shed light on the reign of the Jewish King Hezekiah in the Land of Judah 2,700 years ago; 100 rescued Ukrainians alighted at Ben Gurion International airport; and the Jewish Festival of Lights has brought more Hanukkah miracles to our times.
The photo (TY Sharon) is of the Chanukiah (Hanukkah Menorah) on the lake in Jerusalem's Botanical Gardens. Wishing all my readers Happy Holidays and I look forward to bringing more examples of Israel in its true light in 2023.
If this email arrives in your spam / junk folder, please mark it as "not spam".
In the 25th Dec 22 edition of Israel’s good news, the highlights include: (edited)
- Israeli treatments for cancer and cystic fibrosis begin human trials.
- Israel attended the first Arab conference on cyber security.
- An Israeli innovation can produce solar energy and help grow crops.
- Many examples of Israeli top-rated artificial intelligent innovations.
- Israeli startups are delivering vital systems to France, Netherlands, Germany, and Turkey.
- Israel’s top orchestra played Israel’s National Anthem in Abu Dhabi.
- Archaeological record of the 8th century BCE life of King Hezekiah of Judah.
- Some modern-day Hanukkah “miracles”.
- If someone wishes to be added to the free email subscription list, they should either click here or send a request (with their name) to michael.goodnewsisrael@gmail.
com
ISRAEL’S MEDICAL ACHIEVEMENTS
Novel cancer treatment begins trials. Israel’s Nectin Therapeutics (see here previously) has started human trials of its NTX1088 cancer treatment. NTX1088 blocks the protein PVR expressed by tumors to suppress the immune system. The treatment also restores DNAM-1, needed to activate anti-cancer T & NK cells.
https://nocamels.com/2022/12/
Cystic fibrosis treatment begins trials. (TY Dr Salem) Israel’s SpliSense (see here previously) has begun a first Phase 1/2 human trial of its SPL84 treatment for a specific genetic mutation that causes cystic fibrosis. SpliSense utilizes proprietary RNA therapies called ASOs (antisense oligonucleotides) to correct mutations.
https://www.prnewswire.com/
It’s a wrap. Tel Aviv University researchers have developed a new technology to encapsulate (i.e., wrap) molecules and then release them within the body. They designed a peptide that forms compartments for the molecules and then UV light to break up the compartments. It can deliver therapies to wherever it is needed.
https://english.tau.ac.il/
Warning – impending heart failure. A new tool developed at Haifa’s Rambam Medical Center and the US’ Mayo Clinic is saving the lives of patients with myositis (weak, painful, and inflamed heart muscle). Using 20 years of ECG data, the AI system has an 80% accuracy of predicting and preventing impending heart failure.
https://nocamels.com/2022/12/
Warning - your medication may harm you. Israel’s MDI Health Technologies (see here previously) is now up and running in the USA and Israel with its AI-based system to detect adverse interactions of medication. 20% of patients 65+ take dangerous combinations of medicines, causing 12 million hospitalizations in the US.
https://nocamels.com/2022/12/
Infusion at home. The Covid pandemic has impacted positively on many of the patients using infusion systems from Israel’s Eitan Medical (see here previously). What was once regularly a long visit to hospital is often now a 5-minute procedure performed at home. Earlier this year Eitan received Israel’s Outstanding Exporter’ award.
https://eitanmedical.com/
A mattress to decompress your spine. Israeli startup Daily Backup has developed the CogniSpine – a semi-inflatable mattress that returns your spine to its natural curvature when lying on it in a prone position. It also stimulates the vagus nerve, which regulates heart rate, etc., switching it into “relaxed mode”.
https://nocamels.com/2022/12/
New research center for autoimmune diseases. Thanks to a generous donor, Tel Aviv University is to establish a multidisciplinary center for the research of autoimmune diseases. The new Colton Center will focus on big data analytics, sourced by Israeli medical institutions, to direct traditional scientific lab work.
https://www.jpost.com/israel-
ISRAEL IS INCLUSIVE AND GLOBAL
Autism is no obstacle in the IDF. (TY Hazel) 97 autistic new recruits completed their basic training last year. Three more have just begun officer’s training. And as their recent meeting with the IDF Chief of Staff shows, they won’t be the last. https://www.ynetnews.com/
Promoting Arab entrepreneurship. Israel is encouraging entrepreneurship and tech careers in the Arab sector. It is investing in three innovation centers, two tech accelerators, and an angel investors’ club. They include the North-Med Innovation Center, Hasoub Labs Center, and Kfar-Qasem Park-High-Tech Center.
https://www.israel21c.org/new-
The only Middle East country for Christians. (TY Dr Salem) Some important facts in this opinion piece. Israel is the only country in the Middle East where the Christian population is growing (by 1.4% in 2020) and satisfied with life (84% in Dec 2021 survey). Not so in Syria, Iraq, Egypt, Turkey, Gaza, the PA, etc., etc.
https://nationalpost.com/
Israel attends Arab cyber conference. Israel participated in the inaugural Arab International Cybersecurity Exhibition and Conference in Manama, Bahrain (Dec 6 - 8). It joined the UAE, Morocco, Kuwait, Oman, and other countries. Israel’s National Cyber Directorate head Gabi Portnoy also led a joint workshop.
https://www.jns.org/israel-
Jerusalem Leaders Summit. The fourth Jerusalem Leaders Summit (Dec 28) brings together leaders from America, Britain, Europe, and India. It will focus on law, economic freedom, free trade, cyber security, energy, innovation, and technology. https://
Israelis celebrate Hanukkah in Qatar. The Israeli Foreign Affairs mission in Qatar celebrated Hanukkah with Israelis who had attended the Soccer World Cup, plus many Qatar Jews. Qatar does not have diplomatic relations with Israel, so the Israeli Ministry team lit Hanukkah candles at the United States Embassy in Doha.
https://www.i24news.tv/en/
Generators and radiation suits for Ukraine. (TY Hazel) Israel has donated 17 generators to Ukraine for use in the electricity-starved Kherson region of southeastern Ukraine. Meanwhile, Oren Milstein, co-founder of Israel’s StemRad travelled to Kyiv to donate 20 StemRad radiation protection suits to first responders.
https://www.timesofisrael.com/
https://www.timesofisrael.com/
SCIENCE & TECHNOLOGY
Juniors win six science medals. Israel's junior science team won six medals at the 2022 International Junior Science Olympiad, in Bogota, Columbia, which Israel participated in for the first time. The 10-day event was contested by 203 participants from 39 countries, who took exams in Physics, Chemistry, and Biology.
https://www.
A zero-emission heat engine. Israel’s Luminescent Solar Power is developing a small, efficient, and low-cost heat engine for markets including waste heat, solar, and cooling. The company enables any small gas turbine to be converted into a combined cycle potential of 100 GW and convert any waste heat into electricity.
https://www.calcalistech.com/
https://www.youtube.com/watch?
The best of both worlds. Often solar farms are built on land that could have grown crops. But Israel’s TriSolar puts PV panels inside greenhouses covered by nylon sheets to generate electricity and provide heat and light to the crops grown under glass. TriSolar’s solution uses tilting panels and sensors to optimize diffused sunlight.
https://www.israel21c.org/a-
Fast-growing carob trees. The carob tree features in many Biblical stories, growing to maturity in seven years. But those grown by Israel’s CarobWay (see here previously) only take four years. The trees are grown on agricultural land rather than forests, using sensors and remote-controlled irrigation and fertilization systems.
https://nocamels.com/2022/12/
Saving bats from wind turbines. Every year, wind turbines around the world kill millions of bats and other flying animals that collide with their blades. Scientists from Tel Aviv University and University of Haifa have developed a drone that transmits ultrasonic signals and lights to induce bats to fly above the danger zone.
https://www.israel21c.org/a-
https://english.tau.ac.il/
https://zslpublications.
Next gen sustainable packaging. Germany’s BASF SE has partnered Israel’s StePac (see here previously) to create the next generation of sustainable packaging specifically for the fresh produce sector. StePac’s modified atmosphere packaging will be enhanced with BASF’s Ultramid recycled polyamide to inhibit microbial decay.
https://www.basf.com/global/
Recyclable bowls for takeout orders. Israel’s OPA (Hebrew for “wow”) supplies Wolt-registered restaurants with its reusable, returnable, bowls for takeout deliveries in Tel Aviv and soon other cities. OPA is also consulting with Rabbis to ensure that the bowls can also be used in kosher establishments.
https://www.timesofisrael.com/
4 top “intelligent” startups. Four Israeli companies made the “AI 100” list of the most promising artificial intelligence startups of 2022 compiled by global tech market intelligence company CB Insights. They are AI21 Labs, Pecan.ai (see also Youtube below), Run:AI, and Zencity. All previously appeared in this newsletter.
https://www.israel21c.org/4-
https://www.youtube.com/watch?
The right song for the occasion. Israel’s MyPart uses Artificial Intelligence (AI) to find the most appropriate song to match selected parameters. Its algorithm classifies thousands of tracks, by their lyrics, theme, and style. It can, for instance, save film producers wasting thousands of hours listening to irrelevant pieces of music.
https://nocamels.com/2022/12/
https://www.mypart.net/ https://www.youtube.com/watch?
Better writing for iOS users. Israel’s AI21 Labs has launched an Apple version of its Wordtune app (see here previously) to help people write better documents. Wordtune for iOS uses artificial intelligence to help Apple users rephrase and rewrite sentences and improve their grammar. There is already a Google Chrome version.
https://www.jpost.com/
A personal professional photo editor. Israel’s Imagen develops AI-powered editing solutions for professional photographers. Imagen’s technology creates an individual profile based on a photographer’s previous work and unique creative style and can save up to 90% of post-production time. Used by thousands of photographers.
https://imagen-ai.com/ https://www.calcalistech.com/
https://www.youtube.com/watch?
Intelligent property management. Israel’s MyTower uses IoT and AI technology to help property managers, real estate developers, and tenants. It includes rent collection, on-demand concierge services, a tenant loyalty program, and a marketplace of local and Israeli IoB (Internet of Buildings) solutions. 300+ towers managed.
https://www.calcalistech.com/
https://www.youtube.com/watch?
A whole new world. Israeli Ofer Baharav is CEO of RealVR – a US-Israeli startup with just 10 employees. RealVR’s new 3D platform, Villa, is one of the most popular apps for the MetaQuest II Virtual Reality headset, with nearly half a million users. Create your own superhuman avatar. Use Villa for work, education, or play.
https://www.ynetnews.com/
https://realvr.ai/ https://www.youtube.com/
ECONOMY & BUSINESS
Benefits of free trade with Korea. As reported here previously, a new Free Trade Agreement with (South) Korea came into effect on 5th Dec 2022. This article lists many of the benefits for Israeli imports and exports.
https://www.jpost.com/
Analyzing French wastewater. (TY OurCrowd) French water company CAPI is employing Israel’s Kando (see here previously) to implement smart wastewater data management for 22 municipalities serving 100,000+ customers in south-east France.
https://www.prnewswire.com/
Preventing food waste in the Netherlands. Israel’s Wasteless (see here previously) is rolling out its dynamic pricing systems across 70 Hoogvliet stores in the Netherlands. The Wasteless algorithm will automatically update prices on the shelf, within Hoogvliet’s store operations app, and at the checkout.
https://nocamels.com/2022/09/
Saving lives on the Autobahn. Israel’s Autotalks (see here previously) is partnering Germany’s Afusoft to deploy Autotalk’s V2X chipsets at roadside traffic signals along Germany’s autobahn. It will be Germany’s first fully functional V2X (Vehicle to Anything) project in Germany, aimed at saving lives on the federal highway.
https://www.timesofisrael.com/
World’s largest wave power plant. (TY Hazel & Dr Salem) Israel’s Eco Wave Power (EWP - see here previously) is to build the world’s largest-ever wave power plant at Ordu, on Turkey’s Black Sea coast. EWP signed a deal with Turkey’s Oren Ordu Enerji that will eventually create a 77MW plant costing $150 million.
https://www.rechargenews.com/
Amazon’s security partner of the year. (TY Hazel) Israel’s Orca Security (see here previously) has been chosen as Amazon Web Services’ global security partner of the year for 2022 in recognition of its contribution to the web giant’s cloud computing platform and its customers.
https://www.israel21c.org/
Top deal for TopGum. Israel’s TopGum (see here previously) says it has inked a five-year agreement to develop nutritional supplements for a “large international corporate worth of over $150 billion that produces and markets its products in about 200 countries”. https://www.timesofisrael.com/
$245 million to invest. Israel’s 10D Venture Capital focuses on investing in Israeli companies based on deep technology and new business models. 10D has just raised $245 million for two new funds, including a $185 million early-stage fund that has already made investments in four companies currently still in stealth mode.
https://www.calcalistech.com/
Investment in Israeli startups to 25/12/22: Imagen-ai raised $30 million; Nectin Therapeutics raised $25 million; Quris raised $9 million; Nilus raised $8.6 million; Luminescent raised $7 million; MyTower raised $4 million;
CULTURE, ENTERTAINMENT & SPORT`
Israel Philharmonic performs in UAE. (TY Hazel) The Israel Philharmonic Orchestra performed a historic concert at the Emirates Palace in Abu Dhabi. Watch the Youtube recording of the first time that the IPO played the Israeli National Anthem HaTikvah (The hope) in an Arab country. The whole audience was on its feet.
https://www.
https://www.youtube.com/watch?
Turning trash into art. (TY UWI) The Center for Environmental Education inside Hiriya Recycling Park (see here previously) is exhibiting “Out of Sight” - an installation of thousands of discarded colored plastic bags. Also “Second Chance” - a model of artist Suly Bornstein Wolff’s own house, made from throwaway items.
https://www.israel21c.org/
Israelis celebrate Messi’s World Cup win. Most Israelis were happy that Lionel Messi finally achieved his ambition to help win the World Soccer Cup for Argentina. Messi has visited Israel several times (see here previously). Then in 2020, Messi became global ambassador for Israel’s OrCam Technologies.
https://worldisraelnews.com/
https://www.timesofisrael.com/
Esports Peace Games. The first-ever Abraham Accords Esports Peace Games will take place in Tel Aviv (Jan 26 – 28). The digital video-gaming championship will feature competitors from Israel, the United States, the United Arab Emirates, Bahrain, and Morocco, among others, aiming to win a share of the $82,000 prize fund.
https://www.jns.org/tel-aviv-
https://www.jpost.com/
THE JEWISH STATE
King Hezekiah’s inscriptions deciphered. In perhaps the most important archaeological discoveries of all time in Israel, inscriptions on seven stones from 709 BCE, found in the City of David, have been translated. In Paleo-Hebrew, they relate the main achievements of Hezekiah King of Judah who reigned from 726 BCE.
https://www.jewishpress.com/
Children discover a 2,000-year-old lamp. Three children from Kibbutz Parod in the northern Galilee found a 2,000-year-old oil lamp in the kibbutz grounds. It sheds light on the size of the ancient Jewish community of that area as the discovery was outside the site where the Israel Antiquities Authority is conducting a dig.
https://www.timesofisrael.com/
A brighter future. A “Flight of Miracles” during Hanukkah brought 100 Ukrainian immigrants to Israel, in the ongoing humanitarian effort by the International Fellowship of Christians and Jews (IFCJ), the Jewish Agency, the Joint (JDC) and ZAKA. They join nearly 14,000 Ukrainians who have made Aliya since February.
https://www.jns.org/hanukkah-
Amazing recovery. In August a terrorist shot a pregnant woman in the stomach. Doctors at Jerusalem’s Shaarei Tzedek Medical Center had to deliver her premature baby of 26-weeks. On erev Hanukkah, as mother and healthy son left the hospital, her husband said, "Blessed is He who performed a miracle for us in this place.”
https://www.
An amazing career. Israeli Pinhas Buchris’ life story reads like a movie script. One of 7 sons to poor Tunis immigrants, he learned to read at age 10; graduated from the Technion; fought at Entebbe; brought cyber-security to IDF’s 8200 Unit; initiated Iron Dome; founded startups; got rich; returned from near death and more.
https://www.calcalistech.com/
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Happy New Year:
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