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
Caution remains the order of the day.
The Fed's repurchasing agreement program for short-term borrowing in government securities had jumped to almost $1 trillion by the end of June and was a staggering $730 billion on Friday.
Whether this move was driven by a short squeeze or by a new buyer, in the end, it doesn't make a difference.
The themes involve inflation, fiscal stimulus, cryptocurrency and whether we're at peak growth.
The use case for crypto has dropped dramatically in the past week.