Shervin Pishevar is an entrepreneur known for his eye for productive financial investments. One very popular move he made was when he invested in Uber, the leading online ride-sharing company. He founded Investment company. From then, there was no trace of Pishevar on Twitter until February when he decided to go on a fustian.
In his tweets, Shervin Pishevar provided an overview of his analysis of the US economy and its future.
Shervin Pishevar argued that the US stock market would be explosive and the bonds would end up affecting the other sources of income. He predicted that the market would experience a drop of about 6,000 points.
Pishevar also argued that although bitcoin would slowly rise in the future, it is currently going to drop to $2,000-$5,000. He however recognized digital currency as an important element in the market as it enables entrepreneurs from across the world to invest anywhere.
While many would oppose, Pishevar seems to believe that inflation is not in existence as it does not manifest itself greatly such as to affect investors. In his notion, the US economy is declining especially since the Silicon Valley is no longer its stronghold. He argues that other states are working more towards technological advancements that would see the US lag behind in future. He is particular about the infrastructure sector that is slowly being innovated in countries like China.
Shervin Pishevar argued that companies like Alphabet, Amazon, Facebook, Microsoft, and Apple are still the monopolies in their fields. He blames this to the low rise in startups that would otherwise explore the niches ruled by the big five.
Are these warnings that potential investors should take into account as they make financial decisions? Who knows!