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Category: Stock Market

Shervin Pishevar is one of the most renowned venture capitalists in Silicon Valley today. As the founder of Sherpa Capital, he has been involved in the founding and incubation of some of the top companies in the tech space. Names like Uber, Airbnb and Social Gaming Network are just a typical day’s work for the dynamic Shervin Pishevar. He has also personally founded a number of successful tech startups, including WebOS, Ionside and the company that would become Virgin Hyperloop.

Aside from his busy daily routine of conquering the tech world, Shervin Pishevar somehow manages to find time to operate his Twitter feed, one of the most popular of any venture capitalist. He has garnered nearly 100,000 followers, giving him ample influence and genuinely making him a thought leader among his peers.

Recently, Shervin Pishevar unleashed a tweet storm for the ages. In a nearly 24-hour barrage of tweets, the inveterate entrepreneur held forth on topics ranging from the proper role of central banks to the nature of the future tech economy. One of the topics on which he tweeted was the dangers that face the nation as some of the top tech monopolies consolidate ever more power.

Pishevar has said that the Trump tax plan, whatever its merits to the larger economy, has one distinct and inarguable drawback; it is giving even more power to the Big Five tech monopolies of Google, Facebook, Amazon, Apple and Microsoft. He says this is happening as a result of the massive repatriation of corporate profits, which are now being taxed at a significantly lower level than previously. This has caused the big tech monopolies to gain even more power relative to their struggling competitors.

Pishevar cites the recent competition to attract an Amazon second headquarters to cities across the country. He says that the huge concessions that towns and cities were willing to grant such a megacorporation are a somewhat stark reminder of how much power some of these tech companies wield. He says that such offers would never even be considered for mom-and-pop small businesses. Yet tech monopolies, already immensely powerful, get the royal treatment.

https://www.theverge.com/2017/7/14/15960686/hyperloop-one-test-success-interview-giegel-pishevar

The stock market is one of the most essential aspects of investing and the economy overall. There are many people who have a large percentage of their net worth invested in the stock market. Whenever there is a large drop, a lot of people suffer. George Soros is a world expert on the stock market overall. This recent article by Bloomberg talks about George Soros and his latest prediction. Anyone who is looking to invest in the markets over a long period of time needs to read his work. George Soros has been really negative lately when it comes to the markets. In fact, George Soros says the current market conditions remind him a lot of 2008. Here are several things to keep in mind when it comes to his latest prediction.Debt

One of the biggest reasons for his concern is the overall debt levels in the economy. There are more people than ever before who have large debt loads to contend with. Anyone who is looking to make an impact in their personal finances needs to reduce their overall debt levels. However, this can be difficult for people who have large amounts of student loan debt. There are many students who are struggling just to get by in many areas. Over the long term, student loans are a big burden for anyone to bear. If you are someone who is trying to make ends meet, having the proper amount of income coming in to pay for your student loans is essential. George Soros believes that household debt will be a drag on consumption and the economy for many years to come. Anyone who wants to make investments has to have the money to do so on the front end.

Stock Market

George Soros says that over the past year the stock market has been tough to earn a high return in. There are few people who would dispute that. There have been a lot of issues over the past year to contend with. The low price of oil is something that many people have their eye on. Over the long term, few people expect the price of oil to stay this low. Anyone who is looking to invest in the oil area of the economy needs to be ready for a lot of short term volatility. There are a lot of companies that may go under over the next couple of years in this industry. This would be further strain on the stock market and make George Soros correct in his prediction.

George Soros

It remains to be seen whether George Soros will be correct in his prediction. There are many people who are worried about what the future of the market holds. Although the overall economy is trying to improve, there are so many things against a strong market. If you are someone who wants to invest in the stock market, it would be a good idea to read the work of George Soros. He has a great track record when it comes to predicting the market. Visit Open Society Foundations website to know more about George Soros.