Head of Poalim Equity Sees Housing Market Correction, Predicts Buyer Return

Liat Hazut, CEO of Poalim Equity, stated that the current situation in the housing market is a "correction" and anticipates that people will soon resume purchasing apartments. Her remarks suggest a belief that the market is undergoing a temporary adjustment rather than a prolonged downturn.

The broader financial news landscape includes reports of Dow Jones falling by 1% and oil trading around $97 a barrel. Goldman Sachs and Deutsche Bank are reportedly offering bets on the outcome of the French presidential elections. In corporate news, Tzachi Abu is acquiring control of Waybox for approximately NIS 76 million.

Further economic and investment news covers potential investor interest in the Polish stock market, a guide for Israeli investors to the S&P 500 index, and an explanation of how an ETF on the banking index operates. The article also notes six records set by the dollar/shekel exchange rate over the past 30 years.

Additional financial highlights mention a fund with $10 billion in assets that invested in Google and Nvidia and is preparing for its next major move. The compensation structure for senior executives at The Phoenix, including options and incentives resulting in a NIS 100 million profit, is also detailed. The article touches upon the financial implications of divorce, including legal fees and disputes over pensions and options, potentially costing tens of thousands of shekels.