Latest Interviews
Showing 16–28 of 28 transcripts.
Clear all filters- Goldman Sachs21 min
The Fed's Tightrope: Inflation, Labor, and the Path Ahead
Rob Kaplan, Allison Nathan, Robert Kaplan
Dallas Fed President Robert Kaplan warns that the Federal Reserve faces a difficult December decision on interest rates as conflicting signals from tariffs, immigration uncertainty, and recent government shutdowns complicate the labor market outlook. With inflation running above target and structural mismatches limiting the efficacy of monetary policy, Kaplan argues that immediate cuts carry risks and suggests waiting for clearer data on 2026 growth drivers like AI infrastructure and tax incentives. While political pressure for lower rates exists, Kaplan maintains that the Fed's independent culture remains robust, though he anticipates potential shifts toward long-term bond purchases to manage the balance sheet.
- Goldman Sachs26 min
How Reliable is Economic Data?
Erica Groshen, Arthur Laffer, Alberto Cavallo, Joseph Briggs, Allison Nathan
Recent concerns regarding the reliability of U.S. economic data stem from funding cuts, a 15–20% staffing reduction at the Bureau of Labor Statistics, and the dismissal of its Commissioner by President Trump. Goldman Sachs research indicates that these operational constraints and declining survey responsiveness are increasing standard errors in key indicators like the CPI and JOLTS, creating a risk of data divergence. While current safeguards and institutional checks may prevent a total collapse of credibility, analysts warn that prolonged political interference and resource depletion could eventually erode market trust to the extent seen in Argentina.
- Goldman Sachs21 min
Chairman and CEO David Solomon Joins CNBC to Discuss M&A Outlook, Opportunities for Europe, and AI
David Solomon, Sarah, Carl, Megan Casella
Goldman Sachs CEO David Solomon reported a 22% year-over-year profit surge driven by record equity trading volumes and a 30% rise in M&A activity, projecting a robust market environment through 2026 amid accelerating AI-driven investment. While anticipating constructive regulatory reforms and slightly higher economic growth, Solomon warned of long-term fiscal risks and emphasized the critical importance of maintaining Federal Reserve independence following recent political speculation regarding Jerome Powell. Additionally, the firm advocates for policy changes to support New York City's housing supply and business climate, signaling an active role in shaping future economic and regulatory landscapes.
- Goldman Sachs26 min
Will tariffs lead to a recession?
Paul Krugman, Jan Hatzius, Oren Cass, Allison Nathan
Prominent economists Paul Krugman, Jan Hatzius, and Oren Cass debated the Trump administration's historic tariff expansion, which Krugman identifies as an unprecedented economic shock and Hatzius projects will reduce GDP growth by two percentage points while raising recession probabilities to 45%. While Krugman warns that policy uncertainty will stifle business investment and Hatzius cautions that the Federal Reserve faces a difficult trade-off between inflation and stagnation, Cass argues the measures represent a necessary structural correction to global supply chains that will eventually stimulate domestic production. The panel concluded that although immediate data lags obscure the full extent of damage, the severity of the downturn will ultimately depend on the Federal Reserve's ability to balance conflicting price and employment mandates against a backdrop of rapidly shifting trade policy.
- The Economist29 min
Mass graves: revealing Syria’s horror
Jason Palmer, Rosie Bloor, Gareth Brown, Sophie Petter, Andy Miller, Rachel Lloyd, Nicholas Barber
Ten days after Bashar al-Assad fled to Moscow, journalist Gareth Brown confirmed the existence of a massive mass grave in Al-Qutayfa where locals allege regime forces buried up to 100,000 political prisoners from Sadnaya prison. Meanwhile, France faces a deepening political crisis as President Emmanuel Macron appointed François Bayrou to lead a caretaker government following the dismissal of Prime Minister Michel Barnier, leaving the nation without a 2025 budget amidst threats of immediate no-confidence votes from all parliamentary factions. In cultural news, critics highlight three distinct 2024 releases: Sean Baker's *Anora* subverts marriage tropes, *All of Us Strangers* explores grief through supernatural drama, and *The Substance* delivers a satirical body-horror critique of Hollywood's ageism.
- Goldman Sachs20 min
Should investors worry about market concentration?
David Kostin, Owen Lamont, Alison Nathan
Strategists David Kostin and Owen Lamont converge on the projection that U.S. equity markets face a decade of sub-10% returns driven by extreme concentration and elevated valuations, though they diverge on whether the top ten stocks' dominance itself constitutes the primary risk. Kostin warns that the current 36% market cap concentration creates a negative equity risk premium and recommends shifting to equal-weighted indices, while Lamont argues that future volatility will stem from AI-driven creative destruction and mean reversion rather than portfolio structure. Both analysts acknowledge that the sustainability of the "magnificent seven's" growth and potential AI bubbles remain critical variables that could accelerate a decline in market performance over the next ten years.
- The Economist23 min
Scandal in the wind: Adani’s indictment could hurt Modi
Adani, Modi, Jason Palmer, Rosie Bloor, Jeremy Page, Don Wineland, Katherine Nixie
Following a BJP landslide in Maharashtra and a US indictment alleging a $250 million bribery scheme, Indian Prime Minister Narendra Modi faces intensifying political scrutiny as opposition leader Rahul Gandhi demands an investigation into the Adani conglomerate's alleged corruption. Simultaneously, China's real estate sector remains in deep crisis with 2.8 billion square meters of unsold inventory, a situation driven by restrictive debt policies and hampered by ineffective government interventions that have failed to clear housing stocks or restore consumer confidence. In the cultural sphere, psychologist Jordan Peterson continues to polarize public opinion through his new theological book and controversial rhetoric, sustaining a commercially lucrative ecosystem of followers and critics while navigating academic and societal backlash regarding his views on gender and free speech.
- The Economist21 min
Doing their not-own thing: “generation rent”
Jason Palmer, Rosie Bloor, Tom Sass, Holly Berman, David Benin
Global analysis reveals a significant rise in private renting across Western democracies, driven by economic stagnation and housing inflation, while strict rent controls in Stockholm prove counterproductive compared to Auckland's successful upzoning strategies that boosted supply. Concurrently, the Biden administration's ultimatum to force TikTok's divestiture over national security concerns has sparked a high-profile legal battle alleging First Amendment violations, despite the administration's continued political reliance on the platform. In the cultural sphere, major artists like Taylor Swift and Billie Eilish are revitalizing the album format to secure dual revenue streams and challenge historical gender biases in music consumption.
- a16z29 min
"Crypto Startup School" Documentary
Jeff, Teddy, Andrey Anisimov, Tina, Tope, Sarah Reynolds, Meta Katari
Andreessen Horowitz's Crypto Startup School launched a remote cohort of diverse founders to build decentralized finance applications like AfriX and HoneyLemon while navigating a 40% market crash and pandemic lockdowns. Through intensive collaboration and rigorous security audits, the teams overcame technical design errors to ship audited prototypes and secure early traction despite significant fundraising hurdles. The program successfully transitioned these entrepreneurs from ideation to Mainnet deployment, validating their models in a volatile environment while forecasting a future where cryptocurrency integrates as deeply as the internet into daily life.
- Goldman Sachs44 min
Adm. Timothy J. Keating, USN (Ret.) and Brig. Gen. Robert S. Spalding III, USAF (Ret.)
Timothy J. Keating, Robert S. Spalding III, Admiral Timothy Keating, Brigadier General Robert S. Spalding III, Norman Nye, Tim Keating, Rob Spalding
Hosted by Goldman Sachs's Norman Nye on April 15, 2020, Admiral Timothy Keating and Brigadier General Rob Spalding assessed how the COVID-19 pandemic accelerated U.S.-China geopolitical rivalry, particularly regarding Taiwan, supply chain decoupling, and 5G surveillance infrastructure. The experts concluded that the crisis would permanently shift global alignment toward a "democratic bloc" prioritizing national security over economic integration, forcing a reshoring of critical industries and tighter restrictions on Chinese technology. They further warned that economic strains could provoke China to employ gray zone tactics while the United States pivots toward strengthening alliances in the Indo-Pacific, India, and Latin America.
- Goldman Sachs29 min
Financial Roadmap - Goldman Sachs 2020 Investor Day
Goldman Sachs has outlined a three-year strategic plan targeting a Return on Equity exceeding 13% and an efficiency ratio of 60% by driving revenue growth, reducing the cost of funds, and implementing a $1.3 billion expense initiative. The firm aims to lower its funding costs by diversifying liabilities to reach a 50% deposit mix and will allocate capital toward high-return opportunities while returning excess value to shareholders through flexible buybacks and dividends. Under this framework, the Global Markets segment seeks to lift its ROE to 10% while new consumer and transaction banking initiatives are projected to reach break-even status within the medium-term horizon.
- a16z39 min
a16z Podcast | All Things Compensation
Matt Oberhart, Steve Cadigan, Greg Lohman, Tan Nguyen, Shannon Chilts
This presentation details a comprehensive framework for evolving compensation strategies from basic salary structures to holistic total rewards systems that prioritize affordability and cultural alignment. Key experts outline the necessity of board-approved governance, the strategic selection between stock options and RSUs based on company stage, and rigorous equity management to prevent dilution during pre-IPO preparation. The discussion further emphasizes the critical role of pay equity analysis, legislative compliance, and agile feedback loops in maintaining competitiveness while navigating the transition from private opacity to public transparency.
- Y Combinator28 min
Michael Seibel - Startup Investor School Day 2
Outgoing Y Combinator CEO Michael Seibel shares investment lessons from his 4.5-year angel career, highlighting that 50 checks resulted in 12 post-Series A companies and a billion-dollar exit despite his dual role as a YC partner. He advises investors to write larger checks with speed and minimal friction while avoiding the hype trap of Demo Day in favor of evaluating cap tables and founder potential. The session concludes by defining top-tier investors by their willingness to act quickly and noting that luck plays a significant role in success.