Jordi Visser: Stock market poised for double-digit returns, AI disruption driving revenue growth, and understanding S&P 500 benchmark arbitrage | The Pomp Podcast

AI-driven market cycles and semiconductor growth signal double-digit stock returns despite bubble concerns.

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Add us on Google by Editorial Team May. 2, 2026

Key takeaways

• The stock market is predicted to see a double-digit return in the next year despite bubble concerns.
• AI disruption is significantly influencing stock market performance and revenue growth.
• The S&P 500 is experiencing a benchmark arbitrage, showing divergence between index and individual stock performance.
• Current market trends suggest early stages of growth in semiconductors and AI sectors.
• Market highs are driven by industries linked to AI, including small cap businesses in commodities and semiconductors.
• The semiconductor market is concentrated, with major investments in key players like Nvidia.
• Demand for computing power is expected to grow significantly over the next five years.
• Investors are focusing on supply chain bottlenecks to capitalize on shortages.
• AI demand is insatiable, but power constraints may cause supply issues.
• Chemical stocks are undervalued given the current oil market dynamics.
• The stock market’s future performance is tied to technological advancements and macroeconomic factors.
• Understanding market dynamics and sector performance is crucial for investment strategies.
• The evolving role of technology is reshaping financial landscapes and market opportunities.

Guest intro

Jordi Visser is a veteran macro investor with over 30 years of Wall Street experience and author of the VisserLabs Substack. Throughout his career, he has developed deep expertise in macro trends, AI-driven market cycles, and the intersection of traditional finance and digital assets like Bitcoin. His analysis focuses on how macroeconomic forces, inflation dynamics, and technological innovation shape investment opportunities across equities and crypto.

Why the stock market is poised for growth

• The stock market is likely to see a double-digit return over the next twelve months despite concerns of a bubble.

  — Jordi Visser

• Current economic indicators suggest robust market performance.
• AI disruption is a key driver of stock market trends.

• The disruption of artificial intelligence is significantly impacting stock market performance and revenue generation.

  — Jordi Visser

• Investors should focus on sectors benefiting from AI advancements.
• Understanding market sentiment is crucial for navigating investment decisions.
• The prediction is based on current data and economic trends.

• The numbers are bonkers it suggests that we are likely to see a double digit return over the next twelve months from the stock market even though people are calling in a bubble and there’s issues.

  — Jordi Visser

The impact of AI on market performance

• AI is reshaping various sectors and influencing financial results.

• The disruption of artificial intelligence into our world… we’re seeing the revenues come in.

  — Jordi Visser

• Companies leveraging AI are experiencing significant revenue growth.
• AI advancements are a major factor in current stock market dynamics.
• Investors should consider AI’s role in shaping future market opportunities.
• The tech sector is seeing early stages of significant growth.

• I think what people have to in their mind have this is the early innings of this and if you’re invested in the s and p 500 you’re only up 5% year to date… this is not the end of this…

  — Jordi Visser

• AI’s influence extends across multiple industries, driving market highs.

Understanding benchmark arbitrage in the S&P 500

• The S&P 500 shows divergence between index and individual stock performance.

• If you’re invested in the s and p 500 which is what most individuals are through their financial advisors there’s a benchmark arbitrage that’s happening…

  — Jordi Visser

• Benchmark arbitrage affects investors’ returns and market strategies.
• Understanding index investing versus individual stock performance is crucial.
• The disparity highlights critical market dynamics for investors.
• Investors should be aware of how benchmark arbitrage impacts their portfolios.
• The phenomenon reflects broader market trends and investment strategies.

• The current market trends indicate that we are in the early innings of a significant upward movement in sectors like semiconductors and AI.

  — Jordi Visser

The role of semiconductors in market dynamics

• The semiconductor market is concentrated, with investments in key players.

• The dollars that are going into chips it’s mainly chips if you guys haven’t heard this you can find it you know on my website and I’ve written about it but the five layer cake that jensen yuang has talked about.

  — Jordi Visser

• Major investments are flowing into companies like Nvidia.
• Understanding the semiconductor industry’s structure is crucial for investors.
• The sector’s dynamics are key to understanding market trends.
• Semiconductors are integral to technological advancements and market performance.
• Investors should focus on key players in the semiconductor market.
• The industry’s concentration has significant implications for investment strategies.

The future demand for computing power

• Demand for computing power is expected to grow significantly.

• Do I have confidence that five years from now we’re gonna need more compute i have uber confidence that between humanoids coming moving to space we we don’t have enough compute.

  — Jordi Visser

• Technological advancements will drive the need for increased computing power.
• Investors should consider the implications of this demand on the tech industry.
• The prediction is grounded in specific technological trends.
• Understanding future demand is crucial for navigating tech investments.
• The growth in computing power demand reflects broader market opportunities.
• Investors should focus on sectors poised for growth due to increased computing needs.

Navigating supply chain challenges

• Investors are seeking bottlenecks in supply chains to capitalize on shortages.

• The best investors are just saying where is the next bottleneck that we’re gonna hit let me go and buy that before everybody else.

  — Jordi Visser

• Understanding supply chain dynamics is crucial for investment strategies.
• The approach reflects broader market challenges and opportunities.
• Investors should be proactive in identifying potential supply chain issues.
• The strategy highlights the importance of foresight in investment decisions.
• Navigating supply chain challenges is key to capitalizing on market opportunities.
• The focus on bottlenecks reflects broader market dynamics.

The insatiable demand for AI and its constraints

• AI demand is insatiable, but power constraints may cause supply issues.

• I think what people need to realize is when you hear bubble bubbles are times where supply is significantly above demand or demand is fake the demand for ai is insatiable now if the price is going higher maybe that’ll slow demand at some point that’s what usually happens.

  — Jordi Visser

• Understanding the relationship between AI demand and supply constraints is crucial.
• The dynamic highlights critical challenges in the tech market.
• Power supply is a key factor in semiconductor production.
• Investors should consider the implications of AI demand on market opportunities.
• The insight reflects broader trends in technology and market dynamics.
• Addressing power constraints is crucial for sustaining AI growth.

The undervaluation of chemical stocks

• Chemical stocks are undervalued given the current oil market dynamics.

• Stocks are not priced properly for where oil is now chemical stocks are not priced properly they also haven’t run as much they’re steady eddy growers.

  — Jordi Visser

• Understanding oil market dynamics is crucial for stock valuations.
• The insight highlights market mispricing and investment opportunities.
• Investors should focus on undervalued sectors for potential growth.
• The undervaluation reflects broader market trends and opportunities.
• Chemical stocks offer steady growth potential amid current market conditions.
• The insight provides a clear assertion about market dynamics and investment strategies.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.