Jordi: self-driving cars need a humanoid. “We’ve solved the task, but not the job.” He gives the example of hiring a driver when fires doubled his commute to two hours each way, and his favorite part was everything but the driving. “Everything that I loved about it was not actually the driving itself. It was having someone in the real world that could just do things.” “It was parking the car when you get there. It was running in to grab food, running to pick something up, dry cleaning. It was all that stuff.” “You really want the Waymo or the Tesla with the humanoid in it, or the ability to close the loop and park, or go run into the store and grab something, or do things.”

Jordi Visser @jvisserlabs: oil hit $150 back in 2008. It is $100 today, and people are still saying oil is going to kill the economy. On Anthony Pompliano's @APompliano show, Visser ran the actual math: household net worth is up roughly 3.5x since 2008, near $195 trillion. Oil relative to disposable income is the lowest it has ever been in US history. The dollar figure people fear did not move much. The size of the economy absorbing it did. A scare headline that does not divide by how much richer the base got is not measuring risk. It is recycling an old one. Podcast Alpha tracks which macro fears actually hold up against the numbers, subscribe for the next one. Source: Anthony Pompliano -

Jordi nails it. The rate hike today will look ignorant and non-data driven in retrospect given core pce at a 5yr low. We will be cutting 100-200bps over the next year once the supply shocks are behind us imho

Jordi Visser @jvisserlabs: earnings are growing 30%+ a year. The AI trade has zero rate sensitivity. Not oil. Not the Fed. Zero. On Anthony Pompliano's @APompliano show, Visser called the 25bp Fed hike debate a distraction. Today's data center buildout isn't funded by borrowing the way pre-2008 housing and auto debt was. He puts the real restrictive level near 8% on the 10-year, 200 basis points above 6% nominal GDP growth, nowhere close to where rates sit now. The full Fed scenario tree for September, and why Visser calls a hawkish surprise the real risk: Source: Anthony Pompliano -