Exchanges

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

The Growth of the Space Industry

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

Ken Griffin on US-China Tensions and AI

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,

How Will AI Affect Jobs?

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

What the IPO Boom Tells Us

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 Snid

Maverick Capital Co-CIOs on Finding the AI Winners

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

How the US-Iran Deal Could Affect Oil Prices

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 pr

Private Markets at an Inflection Point

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 alo

The AI Investment Boom: When Will It Pay Off?

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,