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
I would add, but not aggressively, to energy holdings, following the developments in the Middle East and signs that the potential for the global economy is not as bad off as previously believed.
I start this week in risk-off mode and want to sell every rally in risk.
But do think about refinancing your home mortgage.
Markets got hit hard in May when trade talks broke down and the president instituted new tariffs, but things are different now.
The catalyst for equities is now out of the bag, it is just a matter of finding companies with that catalyst before everyone catches on.