What happened
Jordi Visser, the macro investor and former Weiss Multi-Strategy president, sat down with Anthony Pompliano on The Pomp Podcast and laid out a constructive case for global risk assets. Crypto Briefing surfaced the interview Friday, tagging it as high-importance and bullish in tone. Visser's pitch came in three parts.
Markets keep absorbing bad news without breaking, which he reads as a bull-run signal in itself. Corporate earnings are rising fast enough that, on a forward basis, stocks are actually getting cheaper even with indices near record highs. And the move is not isolated to the US: Visser leaned on global trends and cross-border linkages to argue this is a synchronized expansion rather than a one-country rally.
The conversation, per Crypto Briefing's writeup, acknowledged the obvious objections (stretched headline multiples, persistent macro anxiety) but didn't let them flip the thesis.
Why it matters
Visser is a name traders listen to when they want a macro lens that respects price action. His framework here matters for crypto because it directly attacks the loudest bear argument floating around risk desks: that valuations are too rich to keep rallying. If you accept his earnings-versus-multiples math, the equity tape can keep grinding higher without a re-rating, and that's the regime where BTC and ETH typically follow stocks higher rather than decoupling.
The 'global and interconnected' framing also cuts against the US-exceptionalism trade that has dominated 2025 and early 2026. If Visser is right, capital that's been crowded into US large-cap tech eventually has to look further out the risk curve. Historically, when macro voices flip from cautious to constructive on a Pompliano taping, crypto Twitter notices within hours.