π Jackson Hole sets the tone for housing recovery $Opendoor Technologies Inc(OPEN)$ Bullish
Powellβs latest comments at Jackson Hole reinforced that the Fed is preparing for rate cuts. For the housing market, this is a game-changer β lower mortgage rates will bring buyers back, improve transaction volumes, and revive sentiment across the sector.
Opendoor (OPEN), trading at depressed valuations, is directly positioned to benefit. As liquidity returns to housing, platforms enabling transactions will see upside first.
At current levels, risk/reward looks very favorable β market may be underestimating how quickly housing activity can rebound once rates ease.
π Watching OPEN closely into this macro tailwind.
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