The Main Highlights From Shervin Pishevar 21 hour Twitter Storm

Shervin Pishevar is long known for his bold statements, which he does not shy away from sharing. Last February he took Twitter by storm and went ahead to share his predictions of Bitcoin, bonds, and the American Economy at large. Here are the main takeaways from his 50 messages on Twitter.

 

A 6,000 Point Stock Market Dip

 

One of his opening statements on twitter was that he predicted a whopping 6,000 point fall in the stock market. His view was that this financial storm would be characterized by an increase in the national debt, a rise in interest rates and tax giveaways tailored for the rich.

No Asset Class Is Safe

 

Shervin Pishevar went ahead to tweet that the market has already consumed all the gains of 2018. In his prediction, no asset class was safe from the financial dip. This tweet came at a time when most asset classes such as treasuries, stocks, and property were highly overvalued. He issued a warning to investors that moving money to another market or asset class is pointless as all asset classes are sharing the same predicament.

 

Cheap Money Is Dead

 

Shervin stated that the era of cheap money is no more. He attributed this to the crashing of the stock markets, the rise in inflation and the rise in unemployment. In his explanation, the spike in interest rates makes cheap money hard to find. Shervin Pishevar said that the increase in inflation would cause investors to panic. He added that inflation was a nightmare, especially to bondholders. Inflation would soon catch up to the value if the fixed-rate payment for bondholders.

 

Gold Would Rise, and Bitcoin will Crash and Then Stabilize

 

Shervin Pishevar predicted that Gold would increase in value due to the sinking stock market. The increase in inflation would also create more demand for gold. His prediction on Bitcoin was that it would crash and then stabilize at a 2-5k range. His stand supports the notion that a frictionless and efficient economy can be created if the cryptocurrency separates itself from the centralized bank systems to allow for a global economy.

 

http://baltimorepostexaminer.com/elon-musk-shervin-pishevars-hyperloop-maps-d-c-baltimore-route/2018/04/03

The Strange Shervin Pishevar Tweetstorm Explained

Every once in a while, you hear about a high-powered person going on Twitter to make their feelings known. Well, one of the strangest Tweetstorms happened to come from a Silicon Valley power player Shervin Pishevar. During this strange 21-hour Twitter rant in early 2018, Mr. Pishevar talked about everything from the stock market to cryptocurrency, to the future of Silicon Valley and American Infrastructure.

The Dow Is Going Down, Down, Down

The first big prediction from the Shervin Pishevar Tweetstorm had to do with the Dow Jones Industrial Average. Specifically, Mr. Pishevar believes that the Dow will go in its first Bear market in a decade. And, as it happened, this Twitter prediction did come true during the late part of 2018.

Bitcoin Is Going to Fall Hard

After talking about the stock market, Shervin Pishevar turned this attention to the world of crypto coins. In this tweet, Mr. Pishevar predicted that Bitcoin would fall somewhere between $2K to $5K per coin. This prediction also turned out to be completely accurate. Bitcoin fell to a low of $3,000 before removing up to the $4,000 level in early 2019.

Silicon Valley Is No Long Tech’s Global Center

One of the most shocking predictions from Shervin Pishevar is that Silicon Valley will no longer be the place to be for tech start-ups. Instead, Mr. Pishevar believes that people will start up their companies around the world and work remotely with their teams.

American Infrastructure Is Losing Ground to China

Finally, Shervin Pishevar believes that American infrastructure is in big trouble. The Silicon Valley executive points out to the fact that China can finish massive public works projects in mere hours while the U.S. has a number of bridges, highways and electric plants in dire need of repair.

https://thisweekinstartups.com/shervin-pishevar-on-this-week-in-startups-212/