What US-Iran escalations mean for multiples, earnings season

US stocks (^DJI, ^IXIC, ^GSPC) are holding onto gains ahead of Monday's session close after President Trump's blockade of the Strait of Hormuz went into effect today. This comes after failed ceasefire negotiations between US and Iranian officials over the weekend. Northwestern Mutual Wealth Management chief portfolio manager Matt Stucky comes on Market Domination to discuss the necessary conditions for market normalization and what it could mean if multiples compression doesn't show up amid geopolitical pressures.