

Exchanges
Goldman Sachs
In each episode of "Exchanges," people from the firm share their insights on developments shaping industries, markets and the global economy.
Episodes
Mentioned books

Nov 17, 2020 • 18min
Germany’s Economic Recovery
Wolfgang Fink, CEO of Germany and Austria for Goldman Sachs, talks about why Germany’s economy has weathered the pandemic better than that of many of its European neighbors and what’s ahead on the road to recovery. Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 13, 2020 • 12min
Markets Update: A Biden Presidency, a Possible Vaccine and the Future of the S&P
David Kostin, Goldman Sachs Research’s Chief U.S. Equity Strategist, looks back at an events-heavy week and what it means for markets in the days ahead. Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 12, 2020 • 10min
Vaccine Progress and What’s Next
Salveen Richter, lead analyst for the US Biotechnology sector in Goldman Sachs Research, talks about Pfizer’s clinical-trial results for its COVID-19 vaccine and the obstacles that still lie ahead for FDA approval and widespread distribution. Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 10, 2020 • 31min
What’s In Store For The Dollar
After the US Dollar surged in late March as investors rushed to its safety amid the global onset of the coronacrisis, its value has since declined sharply. As uncertainty about the virus trajectory and the global economic recovery continues to loom large, the key question from here is whether this retrenchment marks the start of a multi-year Dollar down cycle, and, even more fundamentally, an erosion of the Dollar’s dominance in the global monetary system.
In this episode, host Allison Nathan interviews three experts to answer these questions: UC Berkeley’s Barry Eichengreen, Cornell’s Eswar Prasad and Goldman Sachs’ own Zach Pandl. They don’t necessarily agree on the direction of the Dollar ahead, with Eichengreen less convinced than Pandl that the Dollar is set for a period of sustained depreciation. But they do agree that despite economic and geopolitical trends that suggest an eventual erosion of the Dollar’s global role, there’s still a long way to go before potential Dollar substitutes—the Euro, RMB and digital currencies—challenge its dominance. Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 9, 2020 • 56min
Client Call: Macro Outlook 2021
Jan Hatzius, Chief Economist for Goldman Sachs, and Alec Phillips, Chief Political Economist, discuss the outlook for economic recovery and the impact of the US election on global growth in 2021. This podcast leverages a Goldman Sachs Research client call, hosted the morning of November 9th, 2020. Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 6, 2020 • 10min
Markets Update: Investors Feel “Relief” As Clarity Begins to Form Around US Election
Ashok Varadhan, global co-head of Goldman Sachs’ Global Markets Division, on how markets have moved in response to the US election and what investors expect in terms of economic recovery and policy agendas looking ahead. Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 30, 2020 • 11min
Markets Update: Investors Anticipate Next Week’s US Election
Amelia Garnett of Goldman Sachs' Global Markets Division talks about the key conversations she's having with investors ahead of the November 3rd election. Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 27, 2020 • 36min
How Entrepreneurs are Leading Their Companies Through an Unexpected Year
From the 2020 virtual Builders + Innovators Summit, Goldman Sachs' Kim Posnett speaks with two founders -- Irving Fain of Bowery Farming and Sheila Gujrathi of Gossamer Bio -- about their experiences leading through an unexpected year and the backdrop for entrepreneurship more broadly. Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 22, 2020 • 12min
Markets Update: Election Outlook
Alec Phillips, chief US political economist for Goldman Sachs Research, provides an update on investors’ expectations for the upcoming election on November 3rd. Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 20, 2020 • 19min
An Update on the LIBOR Transition and Why It Matters for Wall Street and Main Street
Jason Granet, head of LIBOR transition efforts at Goldman Sachs, shares his expertise on the crucial shift away from LIBOR. He discusses the implications for both Wall Street and Main Street, emphasizing the importance of transparency and communication throughout the financial sector. Granet outlines the progress made toward adopting alternative reference rates and highlights the role of the ISDA protocol in updating contracts. He underscores the significance of proactive client engagement to navigate the challenges and risks of this major transformation.