Fund Manager Called Tech Wipeout, Now Warns Rally Is A ‘Trapdoor’ | Thomas Hayes

Sign up for STLLR's exclusive Gold Macro Newsletter at http://stllrgold.com/davidlin. Review their cautionary statements and risk disclosures on SEDAR+Thomas Hayes, Managing Member of Great Hill Capital, discusses inflation, interest rates, the recent tech rebound, risks around the AI investment boom, and why he sees opportunities emerging outside the market’s most crowded trades.Watch Thomas' last interview: https://youtu.be/flsQGonVOLA*This video was recorded on August 12, 2026.To get 5% off of your CoolWallet purchase, use my link: https://www.coolwallet.io/discount/davidcwSubscribe to my Briefs channel: https://www.youtube.com/@DavidLinReportBriefsSubscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW THOMAS HAYES: Hedge Fund Tips: www.hedgefundtips.com Podcast: https://www.hedgefundtips.com/category/podcast/YouTube: https://www.youtube.com/c/HedgeFundTips/videosTwitter (@HedgeFundTips): https://x.com/HedgeFundTipsTikTok (@officialhedgefundtips): https://www.tiktok.com/@officialhedgefundtipsFOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at david@thedavidlinreport.comDISCLAIMER: This video is for informational and educational purposes only and does not constitute financial, investment, legal, or tax advice. Always conduct your own research and consult a licensed financial professional before making any investment decisions.The views and opinions expressed by guests are solely their own and do not represent the views of this channel. Any forecasts or forward-looking statements are based on personal opinions and are not guarantees of future performance.This channel may include sponsors or affiliates. Their inclusion does not constitute an endorsement, and the channel is not responsible for the performance, claims, or actions of any sponsor, affiliate, or third party.No content in this video should be interpreted as a solicitation to buy or sell any securities or assets. Investments carry risk, including the potential loss of principal.0:00 - Intro.1:18 - Inflation, The Fed & Rate Cut Outlook4:37 - Bond Yields, The Fed & Yield Control8:44 - Yen Intervention & The Dollar Outlook11:05 - Why The AI Rally Is A “Dead Cat Bounce”20:35 - Where Hayes Is Rotating His Money27:08 - Tariffs, Buybacks & AI Spending33:38 - The $500 Billion AI Financing Risk45:03 - Stocks & Sectors That Can Survive AI#stocks #ai #investing