Shervin Pishevar is an angel investor and an invaluable venture capitalist. He has played a significant growth in the development of startups in the United States. He has supported great ideas from Silicon Valley and enabled them to become the best thing ever to happen. He is known for his role in the growth of Uber, the latest greatest idea to come out of Silicon Valley. He invested in the growth of the company and today; it is a unicorn. He has supported many other organizations to become successful. As a venture capitalist, he is required to have a good grip on matter finance. He should be in a position to offer guidance to others without a problem.
Shervin Pishevar normally shares insight into the economy and the financial industry in general. He has so much information about the things that are happening in these fields, and his advice can save investors a big deal. Shervin Pishevar recently went to Twitter and posted 50 successive tweets about the future of the economic development in the United States. He was categorical that the country is headed in the wrong direction.
The economic growth is hanging on the balance, and if nothing is done, it will fall. He cited some of the indicators such as declining stock market and rise in interest rates as a good indication the country is not doing well. The bond market has also declined in recent years and measures taken by the Federal Reserve seems to be outdated. Qualitative easing is the main approach used by the Federal Reserve to solve the issues that are affecting the economy. This method no longer works and therefore will not boost the performance of the economy.
In his prediction, Shervin Pishevar said that the stock market would fall by 6,000 points, a move that would erase all the gains made in the past one year. He also touched on the unemployment in the country. According to Pishevar, most of the jobs that the young and educated people are getting are not in line with their careers. Most of them are low-paying jobs. In such a case, the talent of very many young people is going to waste.