Tag Archives: Finance

The revelations of Shervin Pishevar via tweet storm

Shervin Pishevar is a venture capitalist who has made significant to the growth of the American economy. It is for this reason that he does not keep quite whenever he sees the economy going in the right direction. He has made successful investments because the economy has been performing well and now he is worried that unless something is done, a financial crisis similar to the one witnessed in 2009 will be seen. In his analysis, the economy has shown all indicators of a crisis. He blames the increasing national debt, tax giveaways and inflation as some of the factors that will contribute to the financial crisis.

Shervin Pishevar revealed his thoughts about the finance sector and other matters facing the economy in a tweet storm unleashed in early 2018. He predicted that the stock market would continue losing until more than 6000 points were lost. Since the performance of the economy is directly proportional to the performance of the stock market, it is clear that a financial crisis is unavoidable.

Shervin Pishevar also discussed other issues such as the Silicon Valley and the crash of bitcoin. Pishevar predicted that bitcoin would lose its value until the prices dropped to the $2-5k. He also made a prediction that gold would gain in coming months owing to its consideration as a haven by investors.

Shervin Pishevar took issue with five companies which he treats as monopolies. These are companies that have dominated the US economy and pose a great risk to the country in case they fall. These companies are Alphabet, Amazon, Apple, Facebook, and Microsoft. These companies have made it impossible for other companies to thrive since they are buying out almost every great idea. Shervin Pishevar sees them as a danger to the economy since they do not allow other companies to thrive. Shervin recommends a split up through government intervention as the solution. The same solution that was identified for AT&T should also be applied to deal with these companies.

The tweet storm also revealed that the actions of these companies pose a risk to Silicon Valley since no new great idea will be implemented soon.

https://www.brainyquote.com/authors/shervin_pishevar

Shervin Pishevar Returns to Twitter to Predict Economic Demise

The founder of Sherpa Capital, Shervin Pishevar, is back on Twitter. What is being described as a tirade, he released a storm of tweets that lasted 21 hours that predicted the decline if the U.S. economy. This was the first time Shervin Pishevar has used this social media channel in a long time.

He predicted Bitcoin would drop in value. He said it would drop in value to about “5K” before stabilizing and eventually rising again, although at a slow rate. Other predictions included a drop in the stock market, a discussion that included more than a dozen tweets. Shervin Pishevar said it would fall by 6,000 points as a result of increased interest rates, rising credit account deficits and tax cuts without matching cuts in benefits. He wrote about 22 tweets (including an item announcing a dinner break) regarding the pending drop and said volatility is just one sign investors will seek the safety of gold over the stock market.

One factor influencing market volatility is indecision in Washington, according to Shervin Pishevar. The announcements of trade deals are causing much of the turbulence and he predicts the bond market will attempt to rescue the economy but will fail.

Shervin Pishevar went on to unleash a number of other theses that followed a coherency that reflects his train of thought. Among the predictions was Silicon Valley’s loss of control as the stronghold of tech innovation. He refers to immigrant talent, which does not have to choose Silicon Valley because entrepreneurship is “borderless.” Thus California is no longer the go-to for new tech. Another prediction is that China will move ahead with the ability to do things like construct a train station in nine hours while “our” infrastructure is in “tatters.” He also predicts there’s not enough room for new startups as large companies like Amazon take over the economic landscape.

https://www.youtube.com/watch?v=GdIlKLX5Pn8