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Essay / Judaism and the Economy - 1214
Judaism and the Economy Although the Jewish population is small, its impact on the economy is considerable. For a group of people making up less than two percent of the American population, Jews are certainly a topic of conversation and controversy. For a race so often negatively targeted and used as a scapegoat, it is surprising to see the presence of the Jewish hand in America today. A question that has been circulating for some time is whether or not Jews control America; Jews run the film industry, the information and communications industry is a Jewish kingdom, the American financial industry is essentially a Jewish franchise, and the professions are so dominated by Jews it's shocking, so where Is their influence running out? Although the idea that America is run by Jews is contested, the fact that there is a disproportionate influence of Jews on the American and global economy relative to their size cannot be disputed. Even if their effect is minimal, it is surely noticeable and not negligible. Although Jews have been the center of much hatred and ignorance throughout history, it is undeniable that they have had an effect on the American stock market, the real estate market, and the public school system. an obvious impact is on the stock market. A well-known saying in the stock market is "sell Rosh Hashanah, buy Yom Kippur", this saying highlights the seasonal weakness that usually occurs between these two Jewish holidays. This is similar to the maxim “Sell in May and leave.” The market-related proverb originated decades ago, when the common practice of Jewish investors selling their stocks on Rosh Hashanah so they could focus on their prayers became known. Jewish investors, without the distraction of having...... middle of paper ......://www.newswise.com/articles/study-jewish-holidays-affect-stock-market>." Jewish Sabbath Day of Rest – Shabbat, Shabbat. » About Judaism. November 28, 2011. .Real Estate in Orthodox Jewish Communities. Jewish holiday trading can earn you an extra 1%, study finds." AdvisorOne: Investing news and analysis for financial advisors. Internet. November 28, 2011. "Why we expect stocks to drop sharply over the next 10 next days | TradeKing." TradeKing Trader Network | Online Stock & Options Trading Community | Trading King. Internet. November 28. 2011. .