The David Lin Report 'Biggest Money Printing In Human Existence'; These Assets Blow Up Next | Jay Singh
Apr 25, 2026
Jay Singh, founder of Special Situations Research and ex-Goldman Sachs portfolio manager, offers sharp macro and event-driven analysis. He covers concentrated S&P earnings, risks from the Iran conflict on oil and LNG, private credit stresses and software terminal-value threats. He also outlines defense and rare-earth supply-chain implications and where real assets like gold may benefit.
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Allocate To Special Situations And Income For Alpha
- Use special situations and income instruments to generate alpha rather than betting index beta in a two-speed market.
- Jay's fund holds 30+ names sized by conviction, with largest allocations to gold miners and event-driven ARB trades like EchoStar.
Layoffs Are Earnings-Accretive; Memory Beats Software Now
- Tech layoffs usually produce short-term charges but create forward-year earnings tailwinds that the market rewards.
- Hardware/memory names (Micron, Sandisk, SK Hynix) outperform software as memory and power are current AI bottlenecks.
Energy Shortages Could Hand Taiwan To China Without An Invasion
- Taiwan faces a strategic energy-vulnerability that could force political acquiescence to China without a kinetic invasion.
- Energy shortages would weaken Taiwan's bargaining power despite its semiconductor importance.