Tag Archives: Stock Market

Take A Look At Shervin Pishevar’s Tweet Storm

Shervin Pishevar has come out strongly to criticize the US economy. He believes that a steady decline is in the offing and Americans should brace themselves for time tough times ahead. For more on what the early Uber investor had in mind, let’s take a look at his elaborate Twitter rant – it went on for a full 23 hours.

In mid-December 2017, Shervin Pishevar chose to step aside from his position at the helm of Sherpa Capital. Damning allegations had been made against him and the reputation of the firm was at stake. He took to twitter to tender his resignation and stayed mum for the months that followed. He resurfaced in February on the same platform not to defend himself, as many expected, but rather to talk tough about the US economy.

Bitcoin Drop

He anticipates Bitcoin prices to hit a low of $2,000. The effects of the decline will however not last for long as he expects the prices to stabilize in due course. Investors in gold are likely to reap big from this state of affairs.

Bonds

Shervin Pishevar is known for speaking his mind and he didn’t hesitate in making claims that the stock market will experience a 6,000 point drop. This would mark the beginning of a financial storm as the rest of the market including equities will be casualties. The uncertain responses from Washington to global trade deals inform these statements. The rate of underemployment is receiving no favors from the static economic system.

Silicon Valley

The Silicon Valley has lost its tech-appeal and Shervin Pishevar insists that other nations are catching up. The competitive zones are expected to spearhead the tectonic shift in the industry. Given that entrepreneurship knows no borders, China and the rest will soon gain the tech hub status. The ailing state of infrastructure in the country will take its toll on the technology of the US.

Ailing Startups

The monopoly of multi-billion firms did not amuse Shervin Pishevar. Speaking on the state of entrepreneurship, he insisted that startups would have a hard time getting on their feet. Facebook, Microsoft and Apple are among the heavy weights standing in the way of progress as far as he is concerned.

Only time will tell whether any of his assertions hold water.

https://genius.com/Shervin-pishevar-platform-lyrics

Shervin Pishevar says Dow Jones may correct back to 2016 levels

Shervin Pishevar has not gained much popularity for his doom-filled opinions on the state of the equity markets and his harsh critiques of the Fed’s reckless monetary policies. But truth isn’t decided by committee. And it turns out that most of Shervin Pishevar’s insights and predictions have been well worth paying attention to.

A bubble blown from hot air

Shervin Pishevar has easily been the most vocal critic of the Federal Reserve’s policies and their justifications for those policies of anyone throughout Silicon Valley. Shervin Pishevar has repeatedly characterized the Fed’s open-market interventions as incredibly risky and their reasoning for those policies as specious. Now, he says that the current stock market woes are the direct result of the Fed’s tinkering in the free markets over the last decade.

Visit Bloomberg to know more about Shervin Pishevar.

Pishevar says that the historically low interest rates, in some cases leading to the ridiculous situation of real negative interest, has incentivized corporations to begin massive amounts of corporate buybacks using those cheap funds as financing. This surge in corporate buybacks, as well as private investors using virtually free money to speculate in equities, has led to one of the most clear-cut asset bubbles in the history of the U.S. stock market.

Shervin Pishevar says that many of the largest companies are now trading at Schiller P/E ratios in the 30s, far higher than historic norms. He says that such heightened valuations make it highly unlikely that future returns will be anywhere near historic norms, with all of the implications that such a scenario has for institutional investors.

Pishevar has also stated that the incredibly low interest rate environment of the last decade has inflated other bubbles, including in the realm of real estate. There, he says, the unaffordability of housing is contributing to a homelessness crisis at the same time that it makes it impossible for young families to form and begin accumulating wealth. Ultimately, says Pishevar, all of these bubbles are slated to be deflated, leaving trillions of dollars in wealth destroyed and possibly sending the economy into a depression.

https://www.caa.com/caaspeakers/shervin-pishevar