David Hay spent four decades in wealth management, including many years as co-chief investment officer of Evergreen Gavekal, and now writes the Haymaker newsletter. He focuses on value investing, energy, and what he sees as bubbles in speculative assets.
Current predictions
Semiconductors: David is bearish on semiconductors. (updated 2026-07-26)
Oil: David is bullish on oil. (updated 2026-07-26)
Silver: David is bullish on silver. (updated 2026-07-26)
Gold: David is bullish on gold. (updated 2026-07-26)
Energy Stocks: David is bullish on energy stocks. (updated 2026-07-26)
Prediction history
2026-07-26 — David is bullish on oil. (source: As Tech Trade Falters, Value Stocks Are Breaking Out | David Hay)
2026-07-26 — David is bullish on energy stocks. (source: As Tech Trade Falters, Value Stocks Are Breaking Out | David Hay)
2026-07-26 — David is bullish on silver. (source: As Tech Trade Falters, Value Stocks Are Breaking Out | David Hay)
2026-07-26 — David is bullish on gold. (source: As Tech Trade Falters, Value Stocks Are Breaking Out | David Hay)
2026-07-26 — David is bearish on semiconductors. (source: As Tech Trade Falters, Value Stocks Are Breaking Out | David Hay)