Exchanges

John Waldron on GDP Growth, AI, and the M&A Outlook

Goldman Sachs President and COO John Waldron says clients have a cautiously optimistic outlook and the surge in M&A is a sign of that confidence. In the Exchanges podcast

Brookfield’s Connor Teskey on the Real Bottleneck in the AI Buildout

The bottleneck in the artificial intelligence (AI) buildout is neither capital nor demand, but rather the operational capability to develop land, secure a grid connection

Goldman Sachs Chairman and CEO David Solomon on AI: Implementation, Accountability, and Jobs

With the right “rules of the road,” advancing AI doesn’t have to be a choice between innovation and safety, says David Solomon, chairman and CEO of Goldman Sachs. He also

Why Oil Prices Are Surging Despite Recovering Supply

Middle East crude flows have rebounded, but precautionary buying and portfolio hedging are among the factors keeping prices elevated, says Daan Struyven, co-head of Globa

Where Chinese Exports Are Gaining the Most Market Share

Chinese exports are surging worldwide—and particularly in emerging markets, says Trina Chen, co-head of Greater China Equity Research. In the Goldman Sachs Exchanges podc

Inside the Revival of Venture Capital Liquidity with an Industry Pioneer

As liquidity in venture capital declines, the secondary market is increasingly important for investors and companies, says Hans Swildens, partner in Goldman Sachs Asset &

How Family Businesses Should Plan for Generational Success

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 gene

Why Markets May Be Pricing in Too Many Fed Rate Hikes

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 Chairma

Rich Friedman on the Rise of Private Markets and AI Investing

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 f

Why Global Bond Yields Are Surging

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, s

How Will Less Fed Transparency Affect Markets and the Economy?

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

Dipan Patel on Permira’s ‘Artisanal’ Approach to Private Equity

Dipan Patel, co-CEO of Permira, joins Goldman Sachs Exchanges: Great Investors to discuss how Permira’s sector-specialized investment approach and private partnership str

The Outlook for Data Center Power Demand as AI Token Use Grows

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

Building AI Systems for Capital Markets

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 financ

Wellington’s Jean Hynes on the Art of Investing and Finding New Markets

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 wor

What the US-Japan Currency Intervention Means for the Yen, Rates, and the Dollar

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

Steven Tananbaum: The Evolution of Credit Investing and AI Opportunities

Goldman Sachs President John Waldron speaks with Steven Tananbaum, CIO of GoldenTree Asset Management, about how GoldenTree became a credit-focused asset manager overseei

How AI Debt Is Reshaping Credit Markets

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 es

What the Surge in IPOs Means for Investors

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 w

US Midyear Outlook: Geopolitical Shocks, the New Fed Era, and Growth

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 Middl