Shervin Pishevar’s 6,000 Point Market Drop Appears Accurate for the Near Term

As an angel investor, Pishevar has seeded more than 60 companies. He was previously a managing director at Menlo Ventures, where he led investments in Warby Parker, Tumblr, Machine Zone, and Uber Series B. He is a strategic advisor to Uber, and served as a board advisor to the company from 2011–2015. He founded and operated technology-enabled companies including, WebOS, SGN, HyperOffice. Shervin Pishevar predicts a 6,000 point drop for the US stock market in the coming months. There are a few reasons why Shervin Pishevar might be right. First, stock markets are high risk compared to other investments. Second, the US market recently reached all time highs and is due for a correction. More importantly, is the immense impact disruptive technologies can have.

Cryptocurrencies make up a new and volatile market. Its total market capitalization is on the rise. Many people believe the cryptocurrency market will be funded by money taken out of the stock market. Underlying technologies make cryptocurrencies such an incredible and unique financial solution. One of the most disruptive is the blockchain. It has become a buzzword that is used interchangeably with cryptocurrencies. This is not the case though.

Blockchain technology has applications beyond the crypto space. It has become widely adopted. What is even more astounding is the speed of its acclaim. From finance to medicine, blockchain technology is following forecasters expectations. They predicted early on how it would reinvent Internet transactions.

Unlike Shervin Pishevar, few understand that blockchains are more than financial ledgers. The blocks in the chain can hold any type of information. The transactions are secure and permanent. There is no need to rely on a private database. Centralized data also becomes obsolete because anyone can store a copy of a ledger on their computer.

A disruptive technology can have an immense impact on a market. It can even affect the stock market as a whole. This happened when oil drew comparisons to gold. The microchip did this as well. So did the Internet. Many blockchain professionals compare blockchain development to that of the Internet in the mid 1990’s. Get Related Information Here.

Blockchain continues to make news across various industries. Uncertainty will likely accompany blockchain’s disruption of normal business operations. That is, until the technology becomes better understood by a greater percentage of global businesses. In the near term, a US market correction, coupled by blockchain uncertainty, may cause the 6,000 point fall predicted by Shervin Pishevar. However, the long term outlook looks bright.



Kevin Seawright Selected As CFO Of Newark Economic Development Group

The Chief Financial Officer is one of the most critical executives in any company. And the Newark Economic Development Group recently named a veteran of economic development as their new CFO. That executive, Kevin Seawright, is tasked with organizing and leading the financial operations of the Newark Economic Development Group.

Mr. Seawright brings over 13 years of experience to his new job. In that time, Mr. Seawright has helped develop a number of East Coast communities. Now, the new Executive Vice President and Cheif Executive Officer of the Newark CEDC will help drive more business and economic expansion to the largest city in the state of New Jersey.

The main focus of the Newark CEDC is to help bring business to the Newark area as well as retain and expand existing businesses. The economic group works on various projects including the creation and expansion of commercial corridors, private development, mixed-used planning, neighborhood development as well as residential development.

Kevin Seawright will work with the management team to provide services to business owners and entrepreneurs which include financing and loan programs, business licensing, business incentives as well as workforce development. These services will help start-up and grow more businesses for the city. Follow Kevin Seawright on Twitter.

Mr. Seawright will work alongside President and Chief Executive Officer Alisha Glover as well as Senior Vice President of Real Estate Franklyn Ore. The team will coordinate with Newark business owners to spur economic development. Currently, the Newark CEDC provides their services throughout all 20 of Newark’s neighborhoods.

As the most populous city in the state of New Jersey, Newark plays a large impact on the economic development of the Garden State. The city is the third largest insurance provider center in the United States and has over 100,000 people commute to the city each day for employment. As the city of Newark continues to grow, Kevin Seawright and the Newark CEDC will work to steer the city’s economic development.

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Follow Ian King Into The Realm Of Crypto Assets

Ian King is a futuristic pioneer. He is also an experienced trader and financial analyst. He is the founder of Intellicoins, a cryptocurrency analysis, trading and research service. He empowers investors to cash in on lucrative crypto assets through the firm.

With a psychology degree in hand, Ian quickly found his spot on Wall Street. He worked for iconic investment companies such as Salomon Brothers, Citigroup and Peahi Capital.

At the height of his Wall Street career, he developed a strong interest in crypto assets. He has never looked back.

Today, he demonstrates an in-depth understanding of the intricate dynamics of the subject of digital assets and related technologies. He has given numerous lectures and presentations on the subject.

Ian also loves to write trending opinion pieces on the crypto and digital currencies industry.

He contributes to Investopedia and Banyan Hill Publishing, two of the largest financial research and publishing companies in the world. The platforms expand his reach and enable him to reach a larger audience about digital assets.

He can accurately predict trends and make winning bets. His strategy is to educate as many people as possible about the opportunities presented by digital currencies.

Ian also writes for the Sovereign Investor Daily at Banyan. He runs a trading course and serves as the firm’s crypto investment advisor. He believes the cryptocurrency party has just begun. There is a lot of opportunity for futuristic investors looking to capitalize on the Bitcoin boom.

Digital currencies are leveraging trusted relationships to achieve security in an open online world. More people are increasingly putting their money in digital assets.

This is pushing them towards the mainstream and demanding recognition from the authorities. In other words, Bitcoin is here to stay. Cryptocurrencies have entrenched themselves in today’s digital world.

There are more startups in the crypto world now more than ever. This means the prospects are looking up for potential investors. Entrepreneurs have a lot of open opportunity to influence the direction the technology takes.

Some people feel the Bitcoin bubble is already burst. However, those in the know are positioning themselves to capitalize on the emerging opportunities. Ian is at the forefront of pushing the uptake of digital assets.

He has been involved in overseeing the initial coin offerings of several cryptocurrency startups. He is passionate about educating people on the benefits of digital assets such as cryptocurrencies. More information can be found at


How Kevin Seawright Is Trying To Improve The Community Of Baltimore

Kevin Seawright is a Baltimore, Maryland-based entrepreneur who founded RPS Solutions LLC. His company, established in 2015, is tackling affordable housing in Baltimore in an effort to increase the number of people that own their own homes in that city. His business provides services such as the acquisition of residential properties, development, asset management, and selling homes to first-time homebuyers.

In September 2017, Seawright announced that RPS Solutions had partnered with the National Community Stabilization Trust (NCST). This is a nonprofit organization that works to make homes more affordable. The NCST program that Seawright is now able to access is called First Look. RPS Solutions will be able to acquire properties in the program before they go on the market for other buyers, keeping the costs down which will ultimately help the buyer of the property once his company sells it. These homes are abandoned vacant homes that his company will fix up as part of the process. Read this article at Live Newspaper.

Kevin Seawright has been serving people in the city of Baltimore for 17 years. For several years he was a public servant who worked for the city of Baltimore in a variety of capacities. He worked in positions such as chief financial officer, payroll director, and managing fiscal officer among others. It was in March 2011 that he entered the private industry by attaining an executive position at Tito Contractors as their new vice president of operations.

Not long after founding RPS Solutions, Kevin made an appearance on a popular local radio show. This was the Larry Young Morning Show and he talked about what his company is all about. He said that there was a big home affordability issue in Baltimore which he was working to solve. He said that there are a lot of eager first-time homebuyers who would like to buy homes but many are just too expensive. His company is working to help these people through partnerships he has built with general contractors, mortgage companies, and other professionals. The ultimate goal is to help the overall community because people owning their own homes makes communities much more stable.

To learn more about  Kevin Seawright’s RPS Solutions Teams Up With Christ Haven Pentecostal Church For Christmas Toy Drive, visit:

Shervin Pishevar’s Tweet Storm about U.S. Economic Troubles

When Shervin Pishevar ended his nearly two-month Twitter silence on February 5, 2018, he made up for that absence through a thread of 50 tweets that he shared over the course of 21 hours. The tweet storm featured several highlights.


A 6,000-Point Drop


Pishevar began his spree as the Dow Jones Industrial Average experienced its rockiest period since the previous decade’s Great Recession. “Some thoughts on financial storms I am seeing brewing ahead. I expect a 6000-point drop in aggregate in the months ahead,” he commented. Then, Pishevar shared the reasons for his forecast.


A Dangerous Financial Tool


Shervin Pishevar directed contempt at multiple targets, but one seemed particularly dubious to him. He equated exchange-traded funds to the type of financial instrument that led the U.S. to the Great Recession during the previous decade. Pishevar wrote, “24 ETFs with a combined market cap of nearly $6 billion. The inverse ETFs are over 3 billion of that and are at essentially zero overnight.”


Further, he noted that ETFs are not built to ride out a volatile market. “These funds are intrinsically heavily leveraged and biased to low volatility,” he tweeted.


A Dwindling Competitive Advantage


Experienced in venture capitalism, Pishevar repeated a warning he first stated in a 2009 essay. “As I’ve said before “he tweeted,”Silicon Valley is no longer a physical place but an idea that’s gone viral. Entrepreneurship is a movement.”


Himself a naturalized U.S. citizen born in Iran, Shervin Pishevar bemoaned the current U.S. leadership’s stance on immigration when he wrote, “While we build walls, both physical and cultural, to keep out immigrant talent, that talent doesn’t need to come here anymore.”


A Challenge in the Global Arena


He then tweeted a link to a news story about a team of 1,500 workers who recenlty built a train station in China in one night. “Meanwhile, our infrastructure is in tatters, decrepit and decaying. Our government and companies are trapped in short-term thinking,” he lamented.


Through his tweet storm, Shervin Pishevar has warned the key players in the U.S. economy about important problems. Now, those players must listen or languish. View Additional Info Here.