May 29, 2020 · 6 min
E
Business
Exchanges
Goldman Sachs
In each episode of "Exchanges," people from the firm share their insights on developments shaping industries, markets and the global economy.
- 632 episodes
- Updated Tuesday
Episodes632
- EMay 27, 2020 · 15 min
The Future of Sustainable Nuclear Energy
Heath Terry of Goldman Sachs Research explores clean energy and the advances in nuclear power technology as part of his team’s Venture Capital Horizon series. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EMay 22, 2020 · 8 min
Markets Update: Investor Sentiment Improves as Lockdowns Lift
Tony Pasquariello, global head of hedge fund coverage for Goldman Sachs’ Global Markets Division, provides an update on how investors are reacting to the gradual re-opening of the U.S. economy, historic government stimulus efforts, potential vaccine developments, and ongoing US-China tensions. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EMay 19, 2020 · 17 min
The State of Goldman Sachs’ Small-Business Lending
Goldman Sachs has committed $500 million in lending capital to provide Paycheck Protection Program, or PPP, loans to small businesses suffering in this crisis. In this episode, Margaret Anadu, head of the firm’s Urban Investment Group, provides an update on the more than 8,000 small businesses across the country that the firm has reached through partnerships with community development financial institutions (CDFIs) and other mission-driven lenders. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EMay 15, 2020 · 1 hr 1 min
Markets Update: How ESG is Changing
In this episode, leveraging a client call from Goldman Sachs Investment Banking, leaders from across the financial services industry discuss the pandemic’s impact on the ESG landscape, including how corporations and investors are responding. The conversation features Mark Wiedman, a senior managing director at BlackRock, Katherine Collins, head of Putnam Investment’s sustainable investing, Martin Whittaker, CEO of JUST Capital, and John Goldstein, head of Goldman Sachs’ Sustainable Finance Group. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EMay 13, 2020 · 27 min
How Are Small Businesses Surviving?
Asahi Pompey, global head of Corporate Engagement and president of the Goldman Sachs Foundation, interviews three graduates of the Goldman Sachs 10,000 Small Businesses program to talk about their experiences with PPP loans, what’s keeping them up at night, and how they’re pivoting to adapt to changing industries and a changing society. The entrepreneurs are Khari Parker, co-founder of Connie’s Chicken and Waffles based in Baltimore, Dana White, founder and CEO of Paralee Boyd, a blow-dry salon in Detroit, and Jennie Ripps, founder and CEO of Owl’s Brew, a New York-based beverage company that specializes in teas and botanical-based drinks. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EMay 8, 2020 · 5 min
Markets Update: Latin America
Jen Roth of Goldman Sachs' Global Markets Division provides an update on how COVID-19 is impacting investor sentiment in emerging markets. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EMay 6, 2020 · 28 min
Client Call: How Retailers Will Re-Open
In a recent client call held by Goldman Sachs Research, Brian Dodge, President of the Retail Industry Leaders Association, discusses how retailers will re-open. Dodge is joined by Goldman Sachs Research’s Kate McShane, Alex Walvis, and Jenna Giannelli, who all cover the retail sector. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EMay 2, 2020 · 18 min
Markets Update: Central Bank Responses
Alex Blanchard of Goldman Sachs’ Global Markets Division shares an update on how global central banks are responding to liquidity concerns. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EApr 30, 2020 · 26 min
Reopening the Economy
With mitigation measures leading to an apparent leveling off of case growth globally at the same time that the economic costs of such measures continue to mount, several countries around the world have begun to plan for—or have already started to implement—economic reopening. But absent herd immunity or a vaccine, such reopenings increase the risk of a resurgence. With this in mind, what a safe reopening might look like, how well-positioned the US is to achieve one and how quickly reopening would really translate into economic recovery is Top of Mind. In this episode, we consult three experts on these questions: University of Pennsylvania’s Dr. Zeke Emanuel, Duke University’s Dr. Mark McClellan and Harvard University’s Dr. Barry Bloom. Finally, with more complete economic normalization only likely with an effective testing regime, treatments, or a widely available vaccine, we discuss where we are on all of the above. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EApr 29, 2020 · 1 hr 1 min
Client Call: CFO Perspectives
Goldman Sachs CFO Stephen Scherr and other senior leaders across the firm discuss topics that are top of mind for CFOs in the current environment, from financing markets and liquidity concerns, to earnings guidance and economic outlooks. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EApr 24, 2020 · 7 min
Markets Update: Oil Prices Drop to Record Lows
Sarah Kiernan of Goldman Sachs’ Global Markets Division gives her quick take on the latest market volatility, including investors’ reactions to record-low oil prices. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EApr 22, 2020 · 37 min
Client Call: Oil Update as Negative Prices Emerge
To share Goldman Sachs’ latest analysis on record price declines in oil markets, this episode leverages a client call, featuring Jeff Currie, Damien Courvalin and Brian Singer of Goldman Sachs Research, and Anthony Dewell of EMEA Commodity Trading in Global Markets. The call was held the morning of April 21st, 2020. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EApr 21, 2020 · 15 min
How the Housing Sector Has Been Impacted by the Economic Slowdown
In this episode, Terry Hagerty, co-head of homebuilding & building products investment banking for Goldman Sachs, discusses how COVID-19 has impacted the outlook for housing and the broader building products sector. Despite the severity of the current slowdown, Hagerty points to favorable demographic tailwinds as reasons to expect a return to industry growth into 2021. Additionally, Hagerty explains why the sector may be poised to rebound more quickly from this crisis than that of 2008, driven by more favorable supply/demand dynamics, consumers’ relatively strong financial position, and healthy corporate balance sheets. “When I look at the balance sheets and liquidity positions of my clients, both in home building and building products, it’s quite strong,” Hagerty says. “Most of them have access to the capital markets, given some of the Fed action that we’ve seen, and generally they’re all positioned to weather what could potentially be a very extended downturn. So the outlook today is much different than 2008.” Learn more about your ad choices. Visit megaphone.fm/adchoices
- EApr 17, 2020 · 16 min
Markets Update: What Investors Are Watching
As volatility continues in the public markets, Meena Flynn of Goldman Sachs’ Consumer and Investment Management Division gives her analysis on the latest swings and explains how investors with permanent capital are positioning themselves. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EApr 16, 2020 · 20 min
How Markets Have “Changed Forever”
Ashok Varadhan, global co-head of Goldman Sachs’ Global Markets Division, talks about how financial trading has adapted to a primarily remote workforce and also shares takeaways from the division’s strong first quarter performance. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EApr 9, 2020 · 58 min
Markets Update: CEO David Solomon Shares His Perspectives on the Current Environment
Goldman Sachs Chairman and CEO David Solomon shares his views on the pandemic and the economic impact, alongside other of the firm’s senior leaders. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EApr 8, 2020 · 41 min
COVID-19’s Impact on US Small Businesses
In this episode, Margaret Anadu, head of Goldman Sachs’ Urban Investment Group, talks about COVID-19’s impact on US small businesses and explains the firm’s recent announcement to commit $500 million in capital for emergency loans to small businesses. Then, three entrepreneurs and graduates of Goldman Sachs’ 10,000 Small Businesses program share their personal stories -- Erin Andrews of Indi Chocolate, a Seattle-based chocolate factory, Ellen McNulty-Brown of Lotuff Leather, a Rhode-Island based leather maker, and Matt Jozwiak of Rethink Food, a New York City-based nonprofit. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EApr 6, 2020 · 26 min
Oil’s Seismic Shock
The global oil market is experiencing a massive demand shock, with demand for transportation fuels sitting in the crosshairs of the coronavirus crisis. At the same time, major oil producers have engaged in a war for oil market share, resulting in a sizable supply shock. The impact of these simultaneous shocks on oil prices, OPEC+, the oil industry, and credit and financial markets more broadly are Top of Mind. In this episode, Allison Nathan interviews three energy experts, Pulitzer Prize-winning author, Daniel Yergin, PIRA Energy Group Founder, Gary Ross, and our own head of Global Commodities Research, Jeff Currie. They discuss the enormity of the current oil shock, how we got here, and what’s in store—namely, sharply lower, and even negative, crude oil prices as oil infrastructure is overwhelmed by the supply surge. But they also argue that the sharper the price decline, the sharper the eventual rebound as oil production is shut in. Learn more about your ad choices. Visit megaphone.fm/adchoices
- EApr 3, 2020 · 8 min
Markets Update: Do Investors Think the S&P 500 Has Bottomed Out?
Anne Marie Darling of Goldman Sachs’ Global Markets Division analyzes the S&P 500 index’s historically fast fall into bear market territory and shares results of the April Marquee QuickPoll, a survey of institutional clients which found that about half of respondents don’t believe lows have been set yet. Learn more about your ad choices. Visit megaphone.fm/adchoices