Thomas Hayes, Founder, Chairman, and Managing Member of Great Hill Capital, discusses Trump's fiscal stimulus bill and his prediction that small-cap stocks will outperform large-cap technology stocks for the remainder of the decade.Watch Thomas’ last interview with David: https://www.youtube.com/watch?v=A32IeymUr7M*This video was recorded on July 2, 2025.Subscribe 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.com*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.0:00 - Intro.0:47 - Budget bill5:46 - Bill specifics and The Fed9:15 - Powell statement at FOMC11:53 - CPI data13:56 - What do fiscal and monetary forces mean for investors?17:32 - Market sentiment21:02 - Unmagnificent 49324:00 - Consumer patterns28:18 - Consumer discretionary stocks30:56 - Luxury goods spending32:22 - Overall market outlook#economy #investing #stocks
