Browse Category: Stock Market

Angel Investor Shervin Pishevar’s Tweetstorm Pulled The Blankets Off Trump’s Economic Reality

Donald Trump likes to talk about the economy. He can’t resist the urge to pat himself on the back for the strong stock market values. He doesn’t miss an opportunity to sing the praises of his trade war with China. Trump believes his steel and aluminum tariffs will force Canada to open their dairy market. And he thinks China will take the excessive tariff off American-made automobiles. Trump feels proud, and he feels the United States is in for the best economic years in history. And millions of people agree with him.

Trump’s voter base may buy the unsavory economic Kool-Aid Trump wants them to drink. But investment superstar Shervin Pishevar thinks Trump’s economic forecast is full of hot air. Shervin Pishevar went on a 21-hour tweetstorm at the beginning of 2018. Shervin wanted to warn investors that all that economic smoke Trump filled their heads with would evaporate in 2019. Pishevar 50-tweet investment lesson didn’t register with investors in February even though the stock market tried to adjust itself. Those investors were still under Trump’s economic spell.

But now that the stock market shows signs of investment decay, more investors want to know more about Shervin Pishevar. They want to know where they should put their money in 2019. One Pishevar tweet said all asset classes have too much hype in them. Another tweet mentions bond market yields. Shervin Pishevar thinks a recession may surface if the 2-year yield passes the 10-year yield. That may happen in 2019, according to Pishevar.

Shervin’s tweet about a Bitcoin devaluation came true in November. And his tweet about Silicon Valley losing its startup edge seems to be coming true now that countries like India, Brazil, and the U.K. are in the startup space in a big way. Shervin saw the signs of a recession in February. Other hedge investors saw the same signs around the same time. Those investors jumped into the gold market. Pishevar thinks that’s a safe move. In fact, it may be the only move that seems sensible to some investors

https://www.worldaffairs.org/event-calendar/speaker-directory/shervin-pishevar