Yanni Hufnagel, a wildly successful assistant coach and recruiter for college basketball, has always had a love for sports. Raised in Scarsdale, New York, Yanni attended Scarsdale High where he played lacrosse and varsity basketball. He has kicked off the basketball team but managed to stay involved by broadcasting the games. His love for basketball never diminished, and over the next decade, he made quite a name for himself in the college basketball world.
Yanni got his start assistant coaching at the University of Oklahoma. It was here, during his two-year stint as assistant coach for the Oklahoma Sooners basketball team, that Yanni discovered his skill for recruiting talented players. After the Sooners, Hufnagel moved to assistant coach for Harvard Crimson Men’s Basketball in 2009. After four years of providing wonderful assistance to Harvard, and helping during the upset of New Mexico during the 2014 Division I Men’s Basketball Tournament, he moved on to spend one year at Vanderbilt, then two years at UC Berkeley, before ending his assistant coaching career after one year at the University of Nevada, Reno. Throughout this time, Yanni Hufnagel built quite the name for himself.
Yanni was quite the topic of conversation among his peers at CBS Sports. Not only did they put him on their Dream Team of assistant coaches, but they also voted him in as the mid-major assistant coach most likely to make it big, due to recruiting ability. Yanni had some special recruiting ability it seemed. Not only did he get credit for developing two successful players, Blake Griffin of the Detroit Pistons and Jeremy Lin of the Atlanta Hawks, but he also helped Vanderbilt claim the #29 spot in the 2014 list of Top Recruiting Classes.
A man with quite a work ethic, his career was unfortunately cut short due to sexual harassment allegations and the damage they caused to his reputation. He was cleared of the allegations after his lawyer put forth evidence the claims were unsubstantiated but just couldn’t recover. After one year with UNR, Yanni Hufnagel parted ways with the University and hasn’t been back in the spotlight since.
No one knows how China is going to react to Trump’s new economic policy. Trump believes his tariffs will force China, and other trading partners to play fair in the import-export game. But one Silicon Valley investor predicted tough economic times before Trump imposed tariffs on America’s trading partners. Shervin Pishevar, the man who believed Uber was going to be a money-making superstar before almost anyone else did, thinks the global economy is going to take a big hit. Shervin tweeted his predictions before Trump imposed his brutal tariffs.
Shervin Pishevar’s tweets have the sound of a Tornado warning that blasts through the towns and cities before a big twister hits them. Pishevar’s tweets have that same flavor. The flavor of fear and trepidations. Some of Shervin Pishevar’s followers thought the investment genius was still licking his wounds after resigning from the Investment company, the company he founded in 2013. Pishevar was off the investment radar for a couple of months after that fiasco. But his tweets show he’s back, and he wants to share what he thinks he knows about the fate of the economy.
The one tweet that turned most of his followers off was his 6,000-point stock-drop prediction. Shervin believes Wall Street is in for another thrashing. According to Shervin Pishevar, the bull market is turning into more than a bear market. It’s turning into a repeat of the 2008 stock disaster. And to add salt to the open investment wounds his tweets created for some followers, he also tweeted about the bond market. Pishevar believes every asset class has issues.
Most investors who follow Shervin Pishevar know he’s not right all the time. Pishevar did pick Warby Parker, Tumblr, and Postmates as winners, but he picked a few losers along the way to his fame and fortune. But Shervin says he knows how to read the economic signs, and all those signs are blinking red.
The question in the minds of investors is when will Shervin Pishevar’s prediction will come true. Some investors think 2018 is too good a year for such an economic catastrophe. But other investors are getting out of the stock market and turning to the precious metal market.
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