The David Lin Report Global Dump Of U.S. Assets Now? Market ‘Trap Door’ Has Been Opened | Thomas Hayes
Jan 22, 2026
Thomas Hayes, the founder of Great Hill Capital and host of Hedge Fund Tips, shares his insights for investors wary of overhyped tech stocks. He urges a focus on undervalued sectors like energy and housing, emphasizing energy servicers as contrarian opportunities. Hayes discusses the ongoing geopolitical risks, the implications of potential Supreme Court rulings, and the economic landscape's shift favoring small caps and cyclicals. He offers specific investment picks like Stanley Black & Decker and Generac, guiding listeners toward more grounded choices.
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Treasuries Are Global Financial Plumbing
- U.S. Treasuries are the plumbing of global finance, so small sales like $100M are immaterial.
- Larger holders like China or Japan would pose real risk if they changed behavior long-term.
Use Headlines To Find Forced Sellers
- Use short-term headlines to find forced or emotional sellers and buy when fundamentals remain intact.
- Only buy if you'd risk 100% of your net worth to own the entire company under current prices.
Carry Trade Unwind Hits MAG7
- The unwind of the carry trade and rising JGB yields pressured MAG7 performance.
- Free money that flowed into MAG7 is now less available, favoring cyclicals and non-tech sectors.