“Hamas’ attack on Israel on October 7 caught the Israeli army unprepared. But somebody seemingly knew in advance and made billions betting against Israeli shares traded locally and on Wall Street five days before the attack,” Haaretz reports.
“Short-selling Israeli shares – betting that they will fall – spiked in the days before October 7, far exceeding the short selling during ‘numerous other periods of crisis,’ Robert J.
Jackson, Jr., Joshua Mitts and colleagues wrote in a paper titled ‘Trading on Terror?‘ published Sunday on SSRN.”