Investors want Mr. Trump to claim victory in the trade talks with China. Most investors felt the pain of Trump’s tariffs and his economic missteps. Soybean farmers felt the pain when China stopped buying soybeans from the U.S. thanks to lower prices in Brazil and Argentina.
Corn farmers face the same fate, according to economists. Mr. Trump claims his tariffs work, but consumers say his tariffs work on the wrong people. China doesn’t pay the additional tariffs. American consumers pay them.
Shervin Pishevar, the angel investors who gave startups like Uber, Warby Parker, Postmates, and Airbnb a chance to show how new technology changes the retail climate knew Trump’s economic agenda wasn’t the answer. In 2018, Pishevar went on a day-long Twitter Trump attack, but he never mentioned his name.
Shervin Pishevar knew the stock market had a tax cut high, and bond market yields were too close. Mr. Pishevar predicted the December 2018 stock market meltdown in March 2018. And he told investors the bond market yields would not give them protection when the market takes another major dive.
Silicon Valley was another thorn in Shervin Pishevar’s side in 2018. Although he cut his investment teeth in Silicon Valley, he told his followers Silicon Valley was ancient history in terms of being the startup capital of the world. Plus, he didn’t hesitate when he warned investors about the cryptocurrency market. According to Shervin Pishevar, no investment class is safe while Trump is in the White House.
But most investors wrote Pishevar off when he resigned as CEO of his hedge fund, Investment company . Shervin decided to assess the market for a couple of months before he went on his Twitter extravaganza. He knew Trump didn’t understand the global market, and he didn’t understand how damaging tariffs can be on Gross Domestic Product growth.
More investors listen to Shervin Pishevar now. They know the bear market is around the corner, and Trump’s trade agreement with China won’t help them. The economy isn’t as strong as the Commerce Department claims. Misleading information always makes investing a challenge.
If you’ve followed Silicon Valley news in recent years, you’ve probably read about the meteoric rise of companies such as Uber and Airbnb. Revolutionizing the way in which customers hire services via tech company apps, Uber and Airbnb were some of the biggest companies to emerge from Silicon Valley’s highly competitive start-up culture in the last decade. Less well known, albeit equally important to those firms, however, is Shervin Pishevar, the investment guru whose venture capital fund gave Airbnb and Uber their start towards tech market dominance.
A key figure in Silicon Valley lore who rose through the ranks of the tech industry elite by providing capital to long-shot start-ups that took the world by storm, Shervin Pishevar is no stranger to controversial investment philosophies. So when the entrepreneur delivered a 21-hour tweet storm to his nearly 100,000 Twitter followers recently, the industry maverick turned a lot of heads in Silicon Valley and beyond and made headlines in the process. After all, it isn’t every day that Shervin Pishevar shares his insider knowledge of the workings of Silicon Valley, so when he does, the eyes of a new generation of entrepreneurs are on him.
Suggesting in his marathon Twitter session that US markets would drop by a gut-wrenching 6000 points in the near future, the usually optimistic Pishevar seemed adamant that investors should play their cards close to their chest in coming months despite a seemingly booming economy. If Pishevar is correct, such a market drop could precipitate a global recession of the kind not seen since the 2008 crash.
Despite his pessimistic attitude towards the future of the US economy, Pishevar did take his Twitter tirade in a more upbeat direction when it came to the subject of embattled crypto-currency Bitcoin. Suggesting that the alternative coinage would retake its peak 2017 value level in the near future, Pishevar’s words likely came as welcome reassurance to investors who believe that Bitcoin can still provide the stellar returns of its halcyon days, when shares reached a value of $17500 each and made investors billions of dollars.
For both fans and critics of Shervin Pishevar alike, the tech brahmin’s stellar approach to selecting investments is virtually unparalleled in the current marketplace. With a brash public persona and a penchant for making risky bets on unorthodox investments, Pishevar can sometimes cut a divisive figure in the tech landscape, but his supporters know that his Twitter account will be one to watch in 2019 and beyond.
Shervin Pishevar is a respected American entrepreneur of Iranian descent. He receives great reverence because of some of his most successful entrepreneurial ventures. Shervin Pishevar is the co-founder of Virgin Hyperloop One, WebOS, JamCity.. He is also an angel investor in some of the renowned companies including Uber, Airbnb, Didi, and Ipsy among others.
Shervin Pishevar has been silent for long on Twitter up until February 2018. He took to Twitter with a series of 50, 21-hour long tweets regarding the current state of the U.S economy. In his first tweet, Shervin Pishevar expects that the U.S. market will experience a drop. He mentioned that “Some thoughts on financial storms I seeing brewing ahead. I expect 6000 point drop in aggregate in months ahead.” In addition, he backed his predictions with a couple of viable reasons.
One of the reasons for this drop is that the market has already given up all the gains of 2018, and this will trickle down to the gains of 2017. There is more. The Hyperloop One co-founder also tweeted “Rising interest rates, increasing credit account deficits and tax giveaways without matching service cuts lead to a descent into panic.” Clearly, these are some of the issues that will see the points drop.
Shervin rants on about the unattractive state of the economy saying that the bond market will also be affected, and it is not the safe haven that people perceive it to be. The current state of the economy leaves no room for safety, considering that every asset class is already overhauled. His advice to those in the bond market is that “Bond market is not as deep as well we think. Everytime bonds move so quickly in any direction, it ripples throughout the financial markets.” Safe to say, Shervin Pishevar tries to advise the American investors to try to look into other ventures and or opportunities. Opportunities that will not plunge the U.S. economy into a sorry state, but one that will help rejuvenate it.