Shervin Pishevar is a man who has been very radiant when it comes to making investments and openly talking about things that might concern other people’s economic ventures. He’s associated with companies such as Hyperloop One and Investment company . He co-founded and directed the latter which was a venture capital fund that has made investments in companies such as Uber, Munchery, and Airbnb. He also chaired Hyperloop One in addition to being its co-founder as well.
Shervin Pishevar has been very vocal about the US stock market in his tweets. After announcing his resignation from Investment company , he went silent for a while before returning with more of his popular opinions concerning the economy and the stock market. Following a blow to the market in February, he tweeted that the market would fall a further 6,000 points as the year progressed. The reason the blow happened was because of tax giveaways, the interest rates increasing and credit accounts having discrepancies.
Shervin Pishevar went on to say that the increases that happened the year before would soon disappear. In addition to that, investors would soon realize that all classes of assets were valued more than they should.
He added that to sustain the market, government bonds wouldn’t quite cut it. He advised that activities such as quantitative easing would result in a recorrection of the market.
In another tweet, he said that there was no more inflation. He explained that inflation had been exported as a result of trade deals that happen outside the US.
Shervin Pishevar’s tweets show that not everything investors believe about the stock market happens as the investors think they will. He doesn’t believe that the economy of the country is improving like the rest of the investors.
Investors should thus take Shervin’s personal view of the economy into account before they run into the conclusion that they are on the right track. Being a venture capitalist and an investor himself, he has reasonable predictions about the economy and shrugging that off could be costly to those who have staked their money in the stock market.