Shervin Pishevar sent out a Twitter rant in December that spelled out his predictions for the financial markets of the United States and the global economy. Pishevar is a knowledgeable investor who buys companies like Uber, Slack, and Postmates.
One area that Pishevar sees drying up is the Silicon Valley. The Valley used to absorb new fresh thinkers and gobble up innovation, but those days will soon be just a memory if Pishevar’s predictions come to fruition.
There are five not big but massive companies that will begin to fail: Google, Microsoft, Apple, Amazon, and Alphabet. His exact tweet, “Unicorns are becoming increasingly hungry.” Referring to the fact that these companies have the ability to buy new emerging businesses before they ever take off. This buying style will ultimately break the system.
Not only does Shervin Pishevar tweets predict large corporations failing but also significant managed funds. Two possible candidates might be Managed Future Funds and Volatility Indices. An event like this is unprecedented and unimaginable.
The US stock market will fall. It will plummet to depths that erase all of the profits from 2017. The declines have already wiped out the 2018 gains. Government bonds are not the protected asset they use to be. Bond power is not without boundaries. Gone are the days when the central bank could adjust the financial world by purchasing bonds. Pishevar goes on to state that this so-called “tool” will become useless.
Another tweet stated, “Inflation has been exported.” The United States’ financial markets are intertwined with the international economy. There is no getting around that fact. He believes that America has passed inflation outside of her borders, and with the current political atmosphere, world trade is unstable, at best.
In a separate Twitter sound off, Shervin Pishevar described how building barriers to keep out people might be pointless because talented and skilled people do not need to come to the United States anymore. Other economies, such as China, prove they are competitors when they build a transportation station in nine hours. Shervin Pishevar left us with many things to think about.