Shervin Pishevar says that pension funds across the nation have been put in extreme peril by Fed

Shervin Pishevar is one of Silicon Valley’s most revered venture capitalists. He is also an astute economic thinker who regularly holds forth on a wide range of subjects through his heavily followed Twitter feed. With more than 100,000 followers, Shervin Pishevar is a bona fide thought leader and someone who is well worth paying attention to.

Recently, Shervin Pishevar engaged in a nearly 24-hour tweet storm. One of the topics that he addressed is the coming pension crisis that could ultimately threaten the entire economy of the United States. He takes the state of Illinois as an illustrative but by no means isolated example.

Shervin Pishevar has stated that the state’s multiple pension funds are in such bad shape that it would take a virtual miracle for them to remain solvent. He says that with recent downturns in the equities markets, the end may be near for the state’s funds, including the massive pension funds for Chicago police, teachers and firefighters.

Pishevar says that the pension fund woes seen throughout Illinois and the rest of the country are the direct result of the Fed’s interventions in the open market. By suppressing interest rates to historic lows, in some cases resulting in occasional negative real interest rates, the Fed has forced pension funds from coast to coasts to join the collective game of craps known as the stock market. They have been forced into this position by the need to chase yields. The funds simply could not have matched their long-term estimated rates of return without taking the enormous additional risks inherent in the equity markets.

But this has forced the weakest funds into a corner from which it is unlikely that they will emerge intact. Shervin Pishevar has estimated that just one down year in the stock market could spell inexorable doom for all of Illinois’ pension funds. And as the end of the fiscal year approaches, with the Dow Jones currently below its starting point for 2018, the pension bloodbath may commence sooner than anyone would like to see.

https://csq.com/2016/01/shervin-pishevar-funding-revolution/#.W7ugIxNKhTY

Investment Advisor Jeff Yastine, Looks to Burgeoning Cybersecurity Stocks

Jeff Yastine has been the editorial director at Banyan Hill Publishing since 2015. He has a very impressive career as the editor of Total Wealth Insider. He spent over two decades studying and investing in financial markets.

Earlier this year, Jeff Yastine, championed cybersecurity investments because of the many security breaches that have occurred in the past several years. Businesses and consumers have searched for new, improved security solution. That demand has made cybersecurity companies a desirable investment opportunity. Visit Jeff Yastine on Facebook for more updates.

Yastine recently said that cash is flooding into cybersecurity stocks and they’ve moving higher, so as an investor, you must “follow the money.”

Data Breaches:

No one is protected from cybersecurity hackers or data breaches. Over the past several years breaches had hit enterprise level, small businesses and individuals, leaving them all clamoring for the most sophisticated cybersecurity solutions available.

Top security breaches include:

  • Yahoo which experienced a data breach in September 2016 which impacted 3 billion users.
  • JP Morgan Chase’s breach affected 76 million households and 7 million small businesses.
  • Home Depot experienced that theft of credit and debit card info for over 56 million customers.
  • Other breaches include Equifax, Target, the U.S. Office of Personnel Management and Adobe software to name a few.

Top Opportunity, Cybersecurity Stocks:

Businesses and individuals need to keep their personal information safe and secure, therefore the need for top-level security solutions has increased. Because of supply and demand, the price of cybersecurity stocks have also risen.

Jeff Yastine, who is also a cybersecurity expert, wrote in a recent article on TalkMarkets.com, “companies are concerned that if they don’t find reliable cybersecurity solutions, they will go out of business.” He said that cybersecurity stocks have “been in a bull market since 2011 and have nearly doubled the overall market.” He says that he won’t be surprised if “cybersecurity stocks are the top performer in 2018.”

In addition to Yastine’s forward-looking insights into cybersecurity stocks, CSO Online stated that cyber security spending would gain up to 12% to 15% of year-over-year growth through 2021. This is all due to the desperation businesses have to keep their data secure and gain back the trust of their valued customers.

Jeff Yastine has a loyal following because of his market knowledge and ability to project business trends before. View: https://www.stockgumshoe.com/tag/jeff-yastine/