Jordi Visser, a veteran macro investor and head of AI Macro Nexus Research, warns of an unprecedented era of market volatility ahead. He notes that current economic structures are ill-equipped to handle the rapid advancements driven by Artificial Intelligence.
Since 2022, the economy has bifurcated, significantly impacted by interest rate hikes and failures in key asset markets, including commercial real estate. Visser asserts that AI is the primary driver of current stock market performance, suggesting that without it, the market would not be at its present levels.
While recent negative job reports are attributed to temporary factors like strikes and adverse weather, Visser predicts AI will increasingly disrupt jobs and lead to more bankruptcies. He also forecasts a return of concerning inflation levels, driven by rising gas prices, potentially mirroring the conditions of 2022.
Geopolitical strategies are increasingly focused on controlling rare earth elements and oil resources. Looking ahead, Visser anticipates AI will become a central issue in the upcoming presidential cycle, influencing political discourse and election focuses. Investors are urged to understand these profound shifts for strategic planning.