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EscapePod Podcasts

Shows worth your time, picked up where you left off.

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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.

300 episodes

How Family Businesses Should Plan for Generational Success 29 Sept 2026 · 23 min Companies with significant family ownership generate roughly 70% of global economic output and 60% of the world’s jobs. However, only three in 10 survive to a second generation. I…

Why Markets May Be Pricing in Too Many Fed Rate Hikes 23 Sept 2026 · 18 min Markets may be pricing in more tightening by the Federal Reserve than is warranted due to a divergence playing out in the economy, according to Goldman Sachs Vice Chairman and for…

Rich Friedman on the Rise of Private Markets and AI Investing 18 Sept 2026 · 42 min Rich Friedman, chairman of Goldman Sachs Asset Management, says there are still plenty of investment opportunities in private equity, even as private markets have grown far larger…

Why Global Bond Yields Are Surging 15 Sept 2026 · 25 min Government bond yields have surged to multi-decade highs across the US, UK, Germany, and Japan. George Cole, head of European Rates Strategy for Goldman Sachs Research, says there…

How Will Less Fed Transparency Affect Markets and the Economy? 9 Sept 2026 · 22 min Federal Reserve Chairman Kevin Warsh has steered the central bank into an era of less transparency. Former Fed governors Donald Kohn and Stephen Miran, as well as Goldman Sachs Ch…

Dipan Patel on Permira’s ‘Artisanal’ Approach to Private Equity 4 Sept 2026 · 34 min Dipan Patel, co-CEO of Permira, joins Goldman Sachs Exchanges: Great Investors to discuss how Permira’s sector-specialized investment approach and private partnership structure di…

The Outlook for Data Center Power Demand as AI Token Use Grows 1 Sept 2026 · 32 min Global data center power demand could rise 170% by 2030 from 2025 levels according to Goldman Sachs Research’s Brian Singer and Carly Davenport. They joined hosts Allison Nathan a…

Building AI Systems for Capital Markets 24 Aug 2026 · 27 min Key takeaways: The "demo versus product" gap: An AI demo is judged on its best day, but an institutional-grade product is judged on its worst. Building reliable financial tools re…

Wellington’s Jean Hynes on the Art of Investing and Finding New Markets 18 Aug 2026 · 44 min Jean Hynes, CEO of Wellington Management, has more than 35 years of experience at the firm. But she spends most of her time looking ahead, trying to envision what the world might…

What the US-Japan Currency Intervention Means for the Yen, Rates, and the Dollar 13 Aug 2026 · 27 min The US and Japan coordinated on the biggest currency market intervention in 15 years, helping to stabilize a weakening yen. Karen Fishman, senior FX strategist in Goldman Sachs Re…

Steven Tananbaum: The Evolution of Credit Investing and AI Opportunities 7 Aug 2026 · 29 min Goldman Sachs President John Waldron speaks with Steven Tananbaum, CIO of GoldenTree Asset Management, about how GoldenTree became a credit-focused asset manager overseeing $70 bi…

How AI Debt Is Reshaping Credit Markets 5 Aug 2026 · 25 min Credit markets are playing a growing role in the buildout of artificial intelligence, with nearly $500 billion of AI-related debt issuance so far in 2026, according to estimates f…

What the Surge in IPOs Means for Investors 28 Jul 2026 · 20 min US IPO issuance has surged to a record high in 2026. But this resurgence raises two concerns for the equity market: whether it is flashing a late-cycle warning sign and whether th…

US Midyear Outlook: Geopolitical Shocks, the New Fed Era, and Growth 21 Jul 2026 · 18 min As a newly installed chairman takes the helm of the Federal Reserve, US monetary policy remains uncertain amid a soft inflation print and escalating tensions in the Middle East. D…

The Growth of the Space Industry 15 Jul 2026 · 17 min Falling launch costs, innovations, and AI are fuelling a space economy that could reach $1 trillion by the 2040s, according to Michael Tarulli and Erik Sparks in Goldman Sachs Inv…

Ken Griffin on US-China Tensions and AI 9 Jul 2026 · 29 min Ken Griffin, the founder and CEO of Citadel, expects agentic artificial intelligence (AI) to enable a “golden age” of entrepreneurship and eliminate some corporate moats, even as…

How Will AI Affect Jobs? 2 Jul 2026 · 29 min Rapid improvements in AI capabilities and growing corporate adoption have led to predictions that the technology could spark large-scale job losses before the end of the decade. D…

What the IPO Boom Tells Us 23 Jun 2026 · 10 min IPO activity has been on the rise in 2026. What does that tell us about investor sentiment, and what impact could the IPO boom have on US equities going forward? Ben Snider, chief…

Maverick Capital Co-CIOs on Finding the AI Winners 18 Jun 2026 · 23 min Ben Silver and David Tykocinski, co-CIOs of Maverick Capital, say their investment strategy has, in some respects, been the same for three decades: Rather than trying to time the…

How the US-Iran Deal Could Affect Oil Prices 17 Jun 2026 · 11 min Oil prices are expected to fall further following news that the US and Iran agreed to end hostilities and reopen the Strait of Hormuz. But oil is unlikely to return to pre-war lev…

Private Markets at an Inflection Point 10 Jun 2026 · 25 min Private markets have stalled since interest rates started to rise in 2022, even as public markets have climbed to new highs. But a period of sustained economic growth along with r…

The AI Investment Boom: When Will It Pay Off? 2 Jun 2026 · 24 min The economics of artificial intelligence are more questionable today than two years ago, says Goldman Sachs Research's Jim Covello, as enterprise buyers, model companies, and hype…

‘Complexity is Our Friend’: James Brocklebank on Advent's Private Equity Strategy 26 May 2026 · 32 min Advent Co-Chair James Brocklebank explains why complex markets can create opportunities for private equity investors. This episode was recorded on April 21st, 2026. The opinions a…

Can the Asia Equity Rally Continue? 20 May 2026 · 22 min The equity story across Asia has split into two very different paths this year, with North Asian markets pulling ahead on the strength of the artificial intelligence trade while r…

Innovation and Inflation: Twin Forces Reshaping Portfolios 13 May 2026 · 20 min Technology stocks have staged a formidable rally, elevating innovation from a thematic tilt to a core portfolio driver. Yet this tailwind arrives alongside a recurring challenge —…

Pressures in Private Credit 11 May 2026 · 25 min After over a decade of rapid growth and relative calm, the private credit market has come under pressure as several high-profile defaults, concerns about valuations, and exposure…

Will AI Make Markets Less Efficient? 6 May 2026 · 19 min How is AI changing investment strategies? In this episode, Osman Ali, global co-head of Quantitative Investment Strategies in Goldman Sachs Asset Management, explains the impact t…

How Warsh Could Shape Fed Policy 28 Apr 2026 · 16 min How will President Trump’s nominee for the Federal Reserve, Kevin Warsh, shape monetary policy if confirmed as Fed chair? Goldman Sachs’ Rob Kaplan, vice chairman and the former p…

Farallon Capital's Nicolas Giauque on Investing for the Long Term 22 Apr 2026 · 20 min Managing Partner and CIO Nicolas Giauque of Farallon Capital—a multi-strategy firm founded 40 years ago—talks about the investing opportunities he sees today and his view of the c…

Apollo's Jim Zelter on the Future of Private Credit 16 Apr 2026 · 38 min Apollo Global Management President Jim Zelter talks about the unprecedented surge in capital expenditures, the future of private credit, and where he’s seeing investment opportuni…