Recession Is Cancelled: Why Bitcoin & Stocks Will Explode | Jordi Visser
The Pomp Podcast
The Shift of Jobs from Humans to Machines: The Rise of AI in the Workforce
This chapter explores the shifting dynamics of the job market as automation and AI technologies take center stage. While addressing concerns about job security, the discussion emphasizes the efficiency gains from technology while recognizing the value of human skills.
Jordi Visser is a macro investor with over 30 years of Wall Street experience. He also writes a Substack called “VisserLabs” and puts out investing YouTube videos. In this conversation we discuss Oracle going up 40%, what is going on in the stock market, what will happen with interest rates, job revision, AI, bitcoin, interest rates, and where asset prices could be headed.
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TimeStamps:
- 0:00 - Intro
- 1:53 - Why are there massive moves in the stock market?
- 4:32 - What’s going on with inflation and tariffs
- 10:19 - Is there an argument to be bearish?
- 13:42 - Is there a possibility of a recession?
- 17:16 - Humans are now competing against machines
- 22:13 - Job growth revised down by 911,000
- 26:44 - Mortgage market and will homes become more affordable?
- 29:06 - How does US win AI race?
- 34:52 - What is happening with interest rates?
- 38:52 - Takeaways from Robinhood event
- 43:43 - What will happen with bitcoin?
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