Jordi Visser is a macro investor with more than 30 years of experience and the author of the VisserLabs Substack. His work and commentary focus on macroeconomic trends, interest rates, and digital assets such as Bitcoin, Ethereum, and Solana. He also covers topics related to tokenization and artificial intelligence agents.
11 claims checked on air: 1 overstated 1 supported 9 unverified 1 flagged
"their market is still up more than almost any other market in the world. And we're talking 60 plus percent." (said at 0:05:50)
No published record matching the claim that the South Korean stock market increased by more than 60% and outperformed almost every other market globally was located; this does not prove the claim false.
"I did highlight that, you know, as of yesterday Solana was up 50% month to date and was the biggest monthly move since 2024." (said at 0:08:20)
No published record matching the claim that Solana gained 50% month-to-date representing its largest single-month move since 2024 was located; this does not prove the claim false.
"You have to remember when Jerome Powell was raising rates, he literally said, I would not invest in equities. We don't care about equities. We want them to go lower because they're a part of the problem." (said at 0:14:21)
No published record matching the claim that Federal Reserve Chair Jerome Powell stated he would not invest in equities, that the Federal Reserve does not care about equities, or that the Fed wanted equities to go lower because they were part of the problem was located; this does not prove the claim false.
"how can you blame the person in charge now when we're at a 6% deficit and $40 trillion of debt?" (said at 0:16:27)
The claim combines two fiscal statistics for the United States. While the federal budget deficit has recently run at approximately 6% of GDP (averaging between 5.8% and 6.4% of GDP across fiscal years 2023 and 2024), the total US gross national debt had not reached $40 trillion, standing at approximately $34 to $35 trillion in 2024. The $40 trillion figure represents future projected debt levels rather than the actual debt.
"Moreover, this study not only finds consistent empirical support on behalf of both of these hypotheses but also for the argument that the federal budget deficit (expressed as a percent of GDP) per se places upward pressure in financial markets on the real cost of borrowing for firms." (abstract, passage verified)openalexfull study (doi)
"The stock market is 240% on its way to 300% of GDP." (said at 0:18:26)
No published record matching the claim that the US stock market capitalization is currently equal to 240% of US GDP was located; this does not prove the claim false.
"where Elon Musk has it as 20% this guy has it as 99.99" (said at 0:24:35)
No published record matching the claim that Elon Musk estimated the probability of artificial intelligence destroying humanity at approximately 20% was located; this does not prove the claim false.
"this is the opposite of the dot-com bubble where Cisco was trading at 100 times P/E and Nvidia's called the Cisco of this time." (said at 0:28:25)
Historical equity and economic analyses of the late 1990s and 2000 dot-com bubble confirm that premier technology and networking equipment leaders such as Cisco Systems traded at triple-digit price-to-earnings (P/E) multiples (around 100x trailing earnings) prior to the market crash in early 2000.
"the belief in what was coined a ``New Economy'' both in 1929 and presently made share-prices of companies with three digits price-earning ratios soar." (abstract, passage verified)openalexfull study (doi)
"Jalapeno was released or is being used by OpenAI. It's not going to disrupt their numbers this year. It's not going to disrupt them next year. But when you go through what happened, for those who don't know, this is a chip designed by OpenAI by AI." (said at 0:38:20)
No published record matching the claim that OpenAI is using or released an AI-designed chip called Jalapeno was located; this does not prove the claim false.
"This is why I always say Nvidia is almost two times the size of the crypto market cap." (said at 0:38:20)
No published record matching the claim that Nvidia's market capitalization is approximately twice the total market capitalization of the cryptocurrency market was located; this does not prove the claim false.
"Nominal GDP right now is 6%, and I think it's understated." (said at 0:44:50)
No published record matching the specific claim that United States nominal GDP growth is currently at 6% (or understated) was located in the scholarly literature; this does not prove the claim false.
"Japan just said they want to be completely on chain by I think 2030." (said at 0:59:08)
No published record matching the claim that Japan announced an initiative or target to move completely on-chain by 2030 was located; this does not prove the claim false.