Ideas
Non-US margins benefit from cheap AI coding
Because AI coding costs are going to zero, bloated non-US companies, especially in Europe where firing is harder, can expand profit margins from lower starting levels more easily than high-margin US tech. The S&P underperformed the rest of the world last year and he expects this shift to continue.
Small caps outperform mega-cap leaders
Small caps have started outperforming large caps while the MAG 7 stalls; Visser sees this as an inflection point and a theme for the entire year.
Avoid MAG 7 concentration bubble
The MAG 7 ran into mud and the top 40% of the market is a concentration bubble that should underperform even if the broad index rises.
S&P 500 up 15% this year
Visser believes the S&P 500 will deliver at least 15% earnings growth and be up 15% this year, even as the concentrated top 40% underperforms and the bottom 60% leads.
AI power bottleneck favors energy
Power is the ultimate constraint for AI, and demand from data centers is not going away. Visser expects energy companies to be among the winners this year as they find ways to supply that power.
AI lifts financial, pharma, insurance margins
AI adoption should boost profitability for financials, insurers, and other paper-pushing businesses by cutting costs and expanding margins; pharmaceuticals are also involved through AI drug discovery. Estimate revisions for these AI beneficiaries should move higher.
Rotate from growth to value/commodities
Visser says the biggest risk this year is the size of growth funds versus commodity funds, growth versus value, and momentum-based quant strategies. He expects a massive multi-year shift toward value and commodities and away from growth and momentum.
Rotate from growth to value/commodities
Visser says the biggest risk this year is the size of growth funds versus commodity funds, growth versus value, and momentum-based quant strategies. He expects a massive multi-year shift toward value and commodities and away from growth and momentum.
Power constraints trigger semiconductor selloff
At some point this year, data-center projects will be delayed because there is not enough power and infrastructure to connect them. Visser expects that acknowledgement to cause a very violent fall in semiconductor stocks, even though model advancement and efficiency gains continue.
Copper and silver are electrification bottlenecks
The AI bottleneck is not a lack of oil or gas but a lack of infrastructure and components. Copper and silver are necessary for electrification and are being hoarded; copper could double from here, and Visser says investors should be long both and not fade them.
Rare earths are strategic AI input
Rare earths and critical minerals are central to the AI/geopolitical competition. China used rare-earth leverage to stop the trade war, and the US wants to control deposits in Venezuela, Greenland, and elsewhere to keep essential minerals away from China.
Brazil benefits from US-China rivalry
Visser says he loves Brazil as an investment: it has all the resources, is a huge country, and sits in a strong negotiating position between the US and China as both compete for commodities and influence.
This Anthony Pompliano video, published January 10, 2026,
features Jordi Visser
discussing VXUS, IWM, MAGS, SPY, XLE, XLF, XLV, FINANC, VALUE, DBC, Growth, Momentum, SMH, COPPER, SILVER, REMX, EWZ.
12 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Jordi Visser
· Tickers:
VXUS,
IWM,
MAGS,
SPY,
XLE,
XLF,
XLV,
FINANC,
VALUE,
DBC,
Growth,
Momentum,
SMH,
COPPER,
SILVER,
REMX,
EWZ
