Markets optimistic after Iran announces Strait of Hormuz has reopened
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Markets optimistic after Iran announces Strait of Hormuz has reopened
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About this listen
Iran declared on Friday that the Strait of Hormuz has reopened for all commercial vessels. While the news caused stocks to rally and oil prices to drop, it’s unclear yet whether or not the market reaction is premature. Plus, we take a look into the aging demographics of first-time homebuyers and their shrinking share of the housing market.
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