Tag Archives: Stock Market

Why did Shervin Pishevar cause a 21-Hour Tweet Storm?

Capitalists are all about profits and anything that threatens that needs to be fixed. He went on Twitter to offer his resignation from Investment company and the reasons behind it, we never heard from him again. However, something must have ignited his business thoughts as he spent 21 hours of one of his Tuesdays to make 50 Tweets. In them, Shervin Pishevar claims to predict some of the factors that will affect the US economy and a financial storm that is coming.

Shervin Pishevar argues that the stock market is going to experience a sudden drop of about 6,000 points. One reason behind this is the unfavorable economic environment in February due to;

  • Tax giveaways
  • Increased rates of interest
  • High credit account deficits

He says that while some companies are beginning to forego their 2018 returns on profit, with time the 2017 gains will also be affected.

Shervin Pishevar also says that the bonds and the tool that governs them need to be corrected. This is because the latter does not have the power to effectively reset the state of the market.

He continues to predict the downward movement of the US economy due to the inflation that he claims has been exported for a while now. He even goes further and says that the inflation rate is being negatively affected by the administration currently in place.

Shervin Pishevar also seems to see the Volatility Indices falling over time, alongside the Managed Future Funds.

He goes on to say that, the US economy is facing competition in terms of tech innovation. This fact robs the country of it’s stronghold in the Silicon Valley. He criticizes the administration for building physical and cultural walls while the talent remains with the other competitive countries like China.

During his Twitter rant, he clearly predicts the fall of the mighty five that include Amazon, Apple, Alphabet, Google and Microsoft. In his argument, Shervin Pishevar states that such companies scare away startups and even buy others, rendering them monopolies that try to eliminate competition.

https://csq.com/2016/01/shervin-pishevar-funding-revolution/