Shervin Pishevar is known for being very opinionated. However, most of his online followers through Twitter noticed he was pretty quiet for months. This was following a decision he made to step down from his position in Sherpa Capital. After being missing for a few months, he came back with a vengeance.
As and American-Iranian businessman, angel investor and venture capitalist, Shervin Pishevar has invested in many different companies such as Munchery, Airbnb and Uber.
His silence was broken after the stock market for the United States took a deep plunge in the beginning of the year. Shervin Pishevar came out of hiding once this took place and began making many predictions based on the economy, stock market and other financial topics. According to one of his many Tweets he made in the 21 hours, Shervin Pishevar believes that the stock market is going to continue to drop at least 6,000 more points in the next year.
Another one of his Tweets talked about bonds not being as important for the economy as they used to be. He feels they have lost so much momentum and power that they will not be able to help sustain the market alone any longer. He thinks other ways are necessary to help get the economy back up again, such as using quantitative easing. Pishevar mentioned that he thinks central banks purchasing bonds is a very overused technique that has lost most of its effectiveness.
Along with the decline of the strength of bonds, Shervin Pishevar believes that inflation is a dead concept. This topic was one of the more controversial ones out of all of his tweets during his ongoing Tweet storm. According to Mr. Pishevar, inflation in the past never showed itself in the manner in which investors expected it to. For many decades, he has felt that inflation was exported out of the country because of trade deals. He feels opposite of most about the economy moving in an upward trend and expects to see it decline first.