The Federal Reserve raised interest rates seven times since the 2016 election. The most recent increase was enough to wake up thousands of investors. But, according to the Feds, another rate increase is coming. Prominent investor Shervin Pishevar predicted the interest rate hikes. He predicted the rate increases. And let the investment community know that there’s investment danger lurking in those inflated values.
The stock market needs an adjustment, according to Silicon Valley investor Shervin Pishevar. And Pishevar spelled out the signs of that adjustment in his 21-hour tweetstorm. Shervin Pishevar thinks the bull market won’t be around in 2019. A 6,000-point drop could send investors to the bond market. But Shervin Pishevar claims the bond market isn’t going to protect them when the market starts to adjust itself.
Shervin Pishevar surprised people when he let his tweets break his two-month long silence. Shervin resigned from Investment company in 2017. But his reclusiveness didn’t last long. Pishevar couldn’t sit on the sidelines and not tweet what he thought was coming. He even threw shade at his friends in Silicon Valley during his tweetstorm. Silicon Valley could lose its position as the startup capital of the world because innovators aren’t innovating the way they did ten years ago.
Thank you Larry Ellison for defending @elonmusk
“He’s landing rockets on robot drone rafts in the ocean and you’re saying he doesn’t know what he’s doing. Well, who else is landing rockets? You ever land a rocket on a robot drone? Who are you?” https://t.co/lERmntsJ9t
— Shervin Pishevar (@shervin) October 26, 2018
Pishevar knows he ruffled a few investment feathers when he said the economy isn’t as strong as the government says it is. The economy seems strong, but Shervin Pishevar tweetstorm tells a different story. And thanks to Trump’s tariffs and sanctions, he’s on to something. Pishevar thinks Trump’s trade war with China will fuel inflation, and the unemployment rate won’t stay as low as it is now because import companies can’t compete with other countries. Shervin paints a perfect storm in his tweetstorm. Investors know he’s right more than he’s wrong when it comes to investing in assets at the right time.
But some investors think Pishevar’s vision after his Investment company exit may be a little cloudy. Those investors keep pumping money into the stock market even though the man who picked Uber before they knew what it was thinks the market will implode over the coming months.