Tchir: 3% to 5% Stock Pullback Likely, Stay Overweight on Energy

3%–5% equity pullback is possible if the U.S.-Iran conflict escalates. Peter Tchir says he is "highly suspect there will be a ceasefire" in Iran, suggesting lower near-term escalation risk but warning of meaningful market downside (3%–5%) if escalation occurs.

Analysis

3%–5% equity pullback is possible if the U.S.-Iran conflict escalates. Peter Tchir says he is "highly suspect there will be a ceasefire" in Iran, suggesting lower near-term escalation risk but warning of meaningful market downside (3%–5%) if escalation occurs.