Shervin Pishevar, who is an investor and co-founder of Virgin Hyperloop, was oddly quiet on Twitter until recently. Something stirred him to blast off 50 tweets in 21 hours. The subjects range from the gloomy stock market to Silicon Valley.
A shining star was Hyperloop. Companies that are inspiring innovative work are going to save the American infrastructure from collapsing. Pishevar also noted SpaceX as one of the contributors to the new American growth, which needs to happen.
A darker subject was the decline of the stock market. Pishevar guesses that there will be a total drop of 6,000 points. The earnings for 2018 are gone, and he predicts the same fate for 2017 profits too.
Why do people follow Shervin Pishevar? He has made some very wise choices in the past. For example, he invested in Uber, Slack, and Postmates. He made some predictions about some of the issues Facebook may have, and those predictions became a reality.
His first tweet was how the year was starting out. He felt February was setting an example of things to come. He did point out three reasons why he feels the way he does. The economy is rocky because of tax freebies or taxes that are given away. Another reason, the climb of interest rates coupled with failing credit accounts. The combination will create further slips and more downward spirals in the months ahead.
The US government bond system was covered in tweet number two. The system had the power to adjust the market. The central banks would buy bonds, and this action would cause a correction. That manipulation no longer works and is ineffective in today’s economy.
Shervin Pishevar, who is an immigrant, writes on how inflation has been spread around the world. It is not something that stays in the walls of America, but it now reaches out across the globe, and it has been for years.
The walls of America was a subject touched on also. Shervin Pishevar, went on to detail how the walls are not keeping the bad guys out, but the barriers are actually preventing new and fresh thinkers from coming in.
Shervin Pishevar is sure to have more things to say on the economy and through his Tweeter feed. There is no telling what areas he will hit upon next.