Peter Tchir
Select articles by Peter Tchir of TF Market Advisors. Tchir ranks as one of the most respected financial analysts in the United States. His long experience in the in the corporate bond and structured products and credit derivative markets provide unique insight in developing trading strategies. Tchir frequently appears on Bloomberg TV and his articles are published in the Wall Street Journal, Seeking Alpha and Zero Hedge among others. Truman Factor features Tchir’s articles in English and in Spanish.
Spain: Nothing and Everything. Details Examined.
The temptation to fade this Spain deal is high (and higher after Rajoy claimed victory and jetted off to the football match).…
Why a Grexit Would Make Lehman Look Like Childs Play
The more they look at the situation, the more I am convinced they will see not only how potentially awful the situation becomes, but that the cost to avoiding it right now are relatively small, and with proper preparation a Grexit can be managed down the road.…
Spanish Bonds – Austerity, Spending, and Reality
Debt restructuring is the only way to get the debt under control and allow the policies of spending and austerity to work over time.…
What Is Regulatory Capital?
Maybe it is also time to step back and think about what capital is supposed to do, and with that as a guideline, think of rules that make sense.…
Germany wants to know if Ace, 2, 3, 4, 5 is a good hand
Germany will have to change their tone or risk being the ones seen responsible for breaking up the Eurozone and causing strife across Europe.…
Europe Wasn’t Destroyed in a Day
Just like Rome wasn’t built in a day, the Eurozone won’t be destroyed in a day, but it is on a path that leads to eventual dismantling.…
Why shorting Spanish and Italian Bonds is the Right Trade
I continue to believe that longer dated Spanish and Italian bonds are poised for a significant sell-off.…
When did Austerity Become a 4 Letter Word?
Some forms of “austerity” have minimal near term impact yet are crucial for the long run.…
Greek Creditors Don’t Get the Courtesy of a Reach-Around
Only in Greece, can you wipe out €100 billion of debt, and have the new debt that replaces it trade at 20% of face value...…
A Greek default doesn’t need to be chaotic
Greek citizens will still have to adapt and accept many unpopular changes, but after “screwing” the foreign bankers, they might be that much less reluctant, especially with any signs of growth appearing in the economy.…
That is some serious fracking volatility
Natural Gas may well be the story of the year. The volatility has spiked to levels never seen before.…
