Shervin Pishevar is a venture capitalist. He has business interests in various sectors of the economy. Recently, he posted several messages on Twitter concerning the national economy. He is the pioneer of Sherpa Capital. Based on the recent developments in the economy, he made several predictions on what Americans should expect in the future. According to him, the markets will have a significant drop of 6000 points within some months. He predicted many challenges in the finance sector.
According to Shervin Pishevar, the bonds have weakened. Unlike in the past where they were regarded as more secure than any other form of investment, the investors would not have good returns. Normally, the bonds offer high rates and attract a lot of investments. He explains that the reason for the situation is that the securities have been over-used and therefore, they are ineffective. He also attributes the situation to the market dynamics that have been triggered by the legal-political environment. He argues that many people may no longer consider the bonds as an investment opportunity.
He claims that the level of interest rates has gone too high that many people cannot afford credit for their businesses. Shervin Pishevar argues that the rate of inflation has been increasing over the years. According to him, the notion that the economic situation has improved is a lie. He says that the rate of inflation has been passed from the earlier regimes as they were unable to handle it. He is of the opinion that the stock markets are not performing well and the rate of unemployment is getting out of hand.
Shervin Pishevar argues that the bitcoin is not performing well but would improve within the next 2 years. He claims that there many competitors in innovation. According to the venture capitalist, Silicon Valley had been overtaken by innovators from other parts of the world. He argues that the United States will be left behind by competitors such as China especially in key areas such as infrastructure. According to him, the competitors are using better technology in the key sectors of the economy to achieve more results within a short time. He gives an example of China where a train station was built in less than 12 hours. He argues that the government and the other stakeholders in infrastructure must change tact and use long-term planning. According to him, the infrastructure in the United States requires urgent repairs.