Skeptical Optimism -- Markets are cheering the US-Iran MOU and promised reopening of the Strait of Hormuz and that better than the last 100 days. Oil is down 5% to March lows, the Nasdaq is up 3% and the Dow Jones Industrial Average is hitting all-time highs. 

Lower energy costs and eased inflation fears are welcome, but history suggests skepticism is warranted when making deals with Iran. Who really believes that when the ink dries on Friday’s formal signing that this will be a permanent peace? Cautious optimism here, but at least de-escalation will deliver relief for American families and our economy ... that is, if Iran follows through. --Rich Corbett

•••

Join the discussion as a Citizen Pundit and email your COMMENTS on the 60-day ceasefire with Iran at editors@thehustings.news and please indicate your political leanings in the subject line.