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2025 proprietary survey among real estate professionals from the opinion pages of the wall

street journal this is potomac watch. The U.S. and Iran have signed

at last the memorandum of understanding to extend the ceasefire for another 60 days while lifting

the U.S. blockade against Iranian ports and oil exports and lifting other sanctions.

How good is the deal for American security?

And how is it playing politically both at home and abroad? Welcome to Toma Kwatch, the daily podcast of Wall Street Journal Opinion. I'm Paul as you go here with my colleagues, Kate Batchelor

O'Dell and Elliot Kaufman, have really been digging into this

memorandum and its consequences in following the various defenses by the administration,

which have mainly been undertaken by President Trump and Vice President J.D. Vance. We have a lot to unpack here, but let's listen first to

President Trump talk about why he said we had to do the deal. If we didn't do this deal,

we could have dropped more bombs for another three weeks, two weeks, four weeks, two years.

You would never have the harmless straight open. You would never have the harmless straight open. You would never

have success. Your market would have, instead of going up at levels that nobody's ever seen

before, would go down at levels that nobody ever saw before, maybe except for 1929 or whatever.

Well, Kate, that's a pretty dire scenario.

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