Peter Tchir

Peter Tchir started his career at Bankers Trust and later at Deutsche Bank, running high-yield derivatives. He has traded all manner of fixed-income products, both on the sell side as a market maker and as a portfolio manager at a fixed-income hedge fund.  During the financial crisis he ran the U.S. CDS-index business (made famous by The Big Short) for RBS.

Peter received B.S. in mathematics and computer sciences from the University of Waterloo and an MBA with distinction from Vanderbilt University, where he also won the Matt Wiggington Leadership Award for outstanding performance in finance.

Recent Articles By The Author

The One Geopolitical Event That Could Surprise Markets the Most

The One Geopolitical Event That Could Surprise Markets the Most

There's a lot going on right now and the markets (and media) have difficulty latching on to more than three or four stories at a time.

Less Than a Cold War, but More Than a Trade War

Less Than a Cold War, but More Than a Trade War

This may be a case where the short-term damage to markets may be for the best in the longer run.

Binge Watching Survivor to Understand President Trump

Binge Watching Survivor to Understand President Trump

China trade is the president's 'immunity idol.'

Navigating 'The Art of the No Deal'

Navigating 'The Art of the No Deal'

I am still bearish on risk assets after an eventful week of news flow.

Did Trump Cross the Rubicon With China?

Did Trump Cross the Rubicon With China?

While the first round of tariff wars had little visible impact on the economy, companies or inflation, this time will be different.

The Fed and Trump's China Tweet: What It All Means for the Markets

The Fed and Trump's China Tweet: What It All Means for the Markets

This may be another example where the president likes to 'blow things up' at the 11th hour, primarily so he can personally ride to the rescue and negotiate "even better" terms.

The Market Is Now Ahead of Itself and That is a Problem for the Fed

The Market Is Now Ahead of Itself and That is a Problem for the Fed

What I expect from the Fed this week and how the markets will likely react.

5 Reasons I Am Now in the Risk-Off Camp

5 Reasons I Am Now in the Risk-Off Camp

Why I believe it's time to take profits and reduce risk.

How to Allocate Your Income-Generating Assets Now

How to Allocate Your Income-Generating Assets Now

My 'Hopium/Doomium' model has stood the test of time.

Don't Go With the Flow: There Are Better Places to Invest Than High Yield

Don't Go With the Flow: There Are Better Places to Invest Than High Yield

What I would rather invest in to get similar yields.