Shervin Pishevar is no stranger to investing. Some of his purchases are Uber, Slack, and Dollar Shave Club. In a Twitter storm, he declared what the future of the US economy has in store.
The US stock market plummeted. The drop was a figure no one has seen in years. Pishevar tweets and explains why the stock market will spiral downward in the next few months. The future does not look rosy. In fact, all of the profits and gains in the 2017 market will be gone. The 2018 increases will vanish next. Shervin Pishevar sites a few reasons for the loss. One is the tax structure coupled with climbing interest rates.
Shervin Pishevar goes on to make further predictions. There are five huge corporations in the United States that make up a massive bulk of the economy. Pishevar sees their power crumbling. You have no doubt heard of all of these companies and probably use all of their products whether you know it or not: Microsoft, Alphabet, Google, Amazon, and Apple. Shervin Pishevar reasoning behind the big fives failure is because all of them gobble up young companies that are just starting out. Will this buying power pollute the system and eventually kill it? That is Pishevar predictions and tweets.
Silicon Valley was compelling because of its ability to attract the lastest and greatest thinkers, but those days are rapidly drying up. Will Silicon Valley be a memory? If Shervin Pishevar predictions are correct, it will become just that.
The bond market is not protected. The government bonds have lost their luster. It uses to be the central bank used its ability to purchase bonds as a weapon to alter the financial market. Pishevar tweets that style of control is antiquated and no longer works.
Shervin Pishevar, who is an immigrant, is on the Fullbright selection committee. Fullbright creates unions between other countries and the US to foster education, training, and research. He continues on his Twitter feed to talk about the fact America has, and still is, weakening the global economy with inflation.