It was a tale of two markets last week. The first market was focused on the developments with the Iran Memorandum of Understanding which, holds the potential to bring an end to the war in Iran and reopen the Strait of Hormuz. The MOU having been signed by both countries was met with positivity as investors would expect. The second market was the one focused on the Federal Reserve as it held its first FOMC (policy) meeting under new Federal Reserve Chairman Kevin Warsh.