A Flood of Market Predicting Tweets from Shervin Pishevar

After announcing his official resignation from Sherpa Capital, it seemed like Shervin Pishevar wasn’t going to be posting any tweets for a while. His last post was in mid-December. Then all of the sudden, a 21 hour tweet storm came rolling out of his account. When it rains, it pours.

So what got Shervin Pishevar so riled up? The tweet storm was based on why Shervin Pishevar believes the market will continue to drop in coming months after the stock market experienced one of the most dramatic drops in recent history. He is convinced things are going to get worse before they are able to get better.

In some of the first tweets that rolled out of his account, Shervin Pishevar said that every asset class has proven to be overvalued and that everyone should scurry to find safety that cannot be found anywhere. It is definitely true that the market went down. He believes that there is going to be an even steeper decline. He believes that this has to do with tax giveaways and interest rates going up.

Some of is next tweets focused on bonds, specifically quantitative easing. Shervin Pishevar says that government bonds do not have limitless power when it comes to correcting the market. They are definitely a valuable tool, but he feels like they have been used so many times that they are no longer effective. He encourages people to not be fooled by the government turning to these bonds to be used to normalize the market as quickly as possible.

Another concern that he expressed is the couple of big funds seem to completely crumble when the market turns downward. He focused particularly on Volatility Indices and Managed Future Funds.

This 21 hour tweet storm is not the first time that Shervin Pishevar has expressed his ideas about having a more open society. He feels that there are too many bottlenecks and too much volatility in innovation. His concerns do not go only as deep as the steep decline in the market. He feels that challenges in culture, nationalism, and politics are also to blame.

https://my.charitywater.org/shervin-pishevar-2/shervin38th