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
We got the expected three-quarters of a percentage point hike -- why didn't it raise rates by 1.5%? Here's my take.
Here's what I see with Fed action ahead and why I'm not so worried about stagflation -- unless we really mess things up.
Investors know inflation is easing, so the markets may not move much when the latest Consumer Price Index numbers are revealed.
Here's my advice for investors to take before our worries become a recession and lower prices, rather than inflation.
As we head into the fall, here are the problems I see in the greater global economy and the markets -- and my take on how to be positioned.
They are fighting expectations as much as anything and hammered home their alleged willingness to hike rates in the face of bad economic data.