Shutdown End Looms, But Market Issues Remain, Says Academy’s Peter Tchir

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Peter Tchir from Academy Securities predicts a potential 5-10% market pullback due to ongoing issues despite the looming end of the US shutdown.

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Market impact analysis based on bearish sentiment with 72% confidence.

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Bearish
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72%

Article Context

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Peter Tchir, head of macro strategy at Academy Securities, sees the chance for a “significant 5 to 10 percent pullback” as he runs down the issues that markets still face as the US shutdown comes closer to an end. (Source: Bloomberg)

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Original article published by Bloomberg on November 11, 2025.
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