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
But I still see one area of stocks that should outperform.
We handicap the potential impact of responses that could range from military actions by Iran and its surrogates to cyberattacks against the U.S. and its allies.
There's my take on energy and the markets after the U.S. airstrike in Iraq.
Here are the mostly likely scenarios and impact on stocks and bonds.
Let's look back to a year ago this month, when most investors saw volatility and a lack of liquidity; and then turn to now, as the tariff deadline looms and the VIX vs. VIX futures gap widens.