Latest Interviews
Showing 61–75 of 226 interview transcripts.
Clear all filters- Goldman Sachs35 min
‘The Technology Opportunity of Our Lifetimes’: Bessemer's Byron Deeter
Goldman Sachs co-chairman Ken Hirsch interviews Bessemer Venture Partners partner Byron Dieter regarding the firm's "empowerment" investment strategy and its aggressive $10 billion allocation toward AI infrastructure and application sectors. Dieter emphasizes prioritizing elite founding teams over ideas while leveraging a platform of 150+ IPOs to syndicate risk, a shift driven by the predicted expansion of Total Addressable Markets from infrastructure to "answer engine" outcomes. The discussion further highlights Bessemer's evolution into a full-service operational support model, exemplified by founder well-being initiatives like STRIVE and a strategic focus on avoiding "crimes of omission" in high-growth markets.
- Goldman Sachs21 min
The Shutdown’s Economic Impact
A partisan role reversal has precipitated a broad federal government shutdown as Democrats withhold support for clean spending bills to demand the extension of ACA health insurance subsidies, a move that polling suggests is driving voter blame toward Republicans. The crisis faces a critical resolution pressure point on October 15 when active-duty military personnel miss a pay cycle, a deadline that historically compels congressional action to avoid widespread economic disruption. While the shutdown projects to reduce Q4 GDP by approximately 0.3 percentage points and delay key economic data releases, market analysts and the Federal Reserve anticipate the stalemate will resolve quickly through a targeted fiscal compromise.
- Goldman Sachs44 min
Memorial Sloan Kettering Cancer Center’s CEO on the Future of Cancer Treatment
Selwyn M. Vickers, Brian Robinson, Dr. Selwyn Vickers
Memorial Sloan Kettering leverages its vast biobank and dual expertise in computational oncology to drive a "golden era" of cancer treatment, where AI-driven predictive models and breakthroughs in immunotherapy have transformed survival rates for aggressive malignancies. Concurrently, the institution confronts rising youth cancer incidence and systemic health inequities by developing accessible genetic screening tools and deploying low-infrastructure immunotherapy protocols globally. These clinical and technological advances are grounded in a leadership philosophy that prioritizes professional excellence to dismantle socioeconomic barriers and improve care access for underserved populations.
- Goldman Sachs23 min
Will macro fuel more stock gains?
Analysts project the Federal Reserve will implement two additional rate cuts by year-end to address labor market risks, targeting a terminal rate near 3% as the economy navigates mixed employment signals and structural uncertainties. This easing cycle, expected to conclude by December 2026, aims to support risk assets and sustain growth while keeping inflation pressures contained amid a bearish outlook for oil and tariff impacts. Despite valuation concerns and skepticism regarding AI capital expenditure sustainability, the prevailing view suggests that resilient fundamentals and policy shifts will maintain upside momentum for the broader market through 2026.
- Goldman Sachs30 min
The Healthcare Outlook: Macro Challenges and Biotech Innovations
Asad Haider, Amit Sinha, Allison Nathan
Following five years of underperformance driven by capital rotation into artificial intelligence and regulatory uncertainty regarding drug pricing, the U.S. healthcare sector is undergoing a structural correction characterized by a declining S&P 500 weighting and a shift in early-stage capital formation toward private markets. Despite these macro headwinds, specific innovation cycles in oral obesity treatments, oncology, and cardiovascular therapeutics are creating idiosyncratic opportunities, particularly within the mid-cap biotech space where investors are beginning to recognize potential for outsized returns on revenue. While large pharmaceutical firms report initial AI-driven cost savings, market participants remain cautious, awaiting tangible earnings improvements before fully re-rating assets in an environment defined by a looming patent cliff and reduced federal research funding.
- Goldman Sachs38 min
Inside the Olympics: Resilience and the Road to LA 2028
David Solomon, Chuck Aoki, Meghan Duggan, Gene Sykes, Nick
The U.S. Olympic & Paralympic Committee highlighted the contrasting yet complementary journeys of Paralympian Chuck Aoki and Olympian Megan Dugan to illustrate the movement's reliance on mental fortitude, community, and a legacy of inspiration. Detailed accounts of their competitive strategies, including the 2018 women's hockey team's visualization tactics and Aoki's resilience against disability, underscore the non-commercial, social enterprise nature of the Olympic and Paralympic movements. Looking toward the future, USOPC Chair Gene Sykes and new CEO Reynolds Hoover are leveraging military-grade planning to orchestrate the record-breaking Los Angeles 2028 Games, aiming to unify diverse global populations while minimizing strain on local infrastructure.
- Goldman Sachs25 min
The Growth Playbook: Goldman Sachs’ Darren Cohen on Building a Growth Investing Platform
Darren Cohen, Michael Brandmeier
Darren Cohen, Co-Head and Chief Investment Officer of Goldman Sachs' Growth Equity platform, leverages his 25-year career spanning the dot-com bust, the 2008 financial crisis, and the 2021–2023 correction to apply a risk-focused, "peace of mind" driven investment philosophy. Cohen identifies AI integration in SaaS, engineering productivity tools, and healthcare technology as primary secular opportunities while predicting a near-term convergence of private and public valuations that will force late-stage software companies toward IPOs. His approach prioritizes building scalable operating platforms for founders and maintaining disciplined risk management to generate consistent returns as the market transitions from speculative excess to sustainable, value-driven growth.
- Goldman Sachs23 min
After a Summer of Stablecoins, What’s Next?
Brian Brooks, Barry Eichengreen, Allison Nathan
The U.S. "Genius Act" establishes a comprehensive federal framework for stablecoins that mandates full backing by high-quality assets like U.S. Treasury bills while subjecting issuers to national bank-style supervision. Key figures Brian Brooks and Barry Eichengreen debate the legislation's efficacy, with Brooks advocating for private innovation and treasury demand growth while Eichengreen warns of systemic risks to the singleness of money and potential taxpayer liabilities. Despite these conflicting views on financial stability, the regulatory clarity is expected to dismantle existing market monopolies and accelerate mass adoption across savings, remittances, and commercial payment sectors.
- Goldman Sachs28 min
Markets Brace for Rate Cuts
Economic analysts Josh Schifrin and Dominic Wilson project that the U.S. economy will endure tariff shocks through non-recessionary growth while anticipating a 25 basis point Federal Reserve rate cut in September driven by a weakening labor market. Their strategy favors a continued bullish stance on U.S. equities despite valuation froth, offset by risks in the dollar's structural downtrend and global allocation shifts toward Japan and away from Europe. The hosts emphasize that upcoming payroll reports and AI capital efficiency scrutiny will remain the primary catalysts for market direction and central bank policy pacing throughout the remainder of the year.
- Goldman Sachs43 min
Searching for Signals: BlackRock’s Raffaele Savi on the Future of Systematic Investing
Raffaele Savi, Global Head of BlackRock Systematic, leads the firm's 40-year legacy quantitative team overseeing over $317 billion in assets while driving the strategic shift from traditional factor investing to AI-powered models that integrate big data and generative technologies. Addressing recent market volatility with a "dynamism over dogmatism" philosophy, Savi highlights how these advanced tools are expanding systematic capabilities into illiquid private markets and enhancing portfolio resilience against unpredictable shocks. This evolution reflects a decade of growth where hybrid teams blend financial and hard science expertise to navigate complex environments, prioritizing long-term risk management and client outcomes over short-term alpha chasing.
- Goldman Sachs33 min
Seth Klarman on Finding Value and Maintaining Discipline
Baupost Group's Scott Klarman articulates a 42-year investment philosophy that prioritizes capital preservation through strict margin of safety requirements and the avoidance of leverage, while evolving from traditional value metrics to include franchise value and private market dynamics. The firm's decision-making process relies on rigorous internal debate, pre-mortem risk analysis, and a culture that rewards intellectual honesty, allowing the team to navigate distressed assets and market volatility without succumbing to behavioral biases. Current portfolio construction maintains a balanced allocation across private credit, public equity, and real estate, explicitly targeting the downside risks posed by rising rates and commercial real estate stress while preparing the next generation for severe economic downturns.
- Goldman Sachs36 min
Are Investors Complacent?
Jan Hatzius, Dom Wilson, Alison Nathan, Dominic Wilson
The U.S. has raised effective tariff rates by nine percentage points, introducing new levies on China, Canada, and Mexico while delaying agricultural tariffs until late next year. This shift, combined with a fiscally expansionary "Big Beautiful Act," is projected to push core PCE inflation to the low threes and suppress 2025 GDP growth to between 1% and 1.5%. In response, financial markets anticipate Federal Reserve rate cuts beginning in September to mitigate these temporary price shocks, while the U.S. dollar continues a structural depreciation against a backdrop of resilient global trade.
- 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 Sachs23 min
AI Exchanges: Where Will the Power Come From?
Rebecca Kruger, Allison Nathan, George Lee
Hyperscalers and utilities are forging unprecedented partnerships to address the binding power constraint of AI infrastructure, as the sector's step-change demand outstrips the current grid's 40-year-old capacity and supply chain limitations. With nuclear and gas-fired assets facing severe construction bottlenecks and a critical mismatch between rapid data center deployment and decade-long power generation timelines, these entities are committing to billions in capital and ten-year contracts to ensure reliable baseload generation. This strategic realignment, supported by emergency permitting measures and advanced technologies like behind-the-meter generation, marks a decisive shift from two decades of flat energy growth to a new era of massive grid modernization and investment.
- Goldman Sachs26 min
More dollar weakness ahead?
Markets have stabilized following a temporary geopolitical scare, with oil supply risks now priced out and volatility premiums unwinding as investors refocus on 2025 themes of trade policy, fiscal negotiations, and artificial intelligence. Analysts anticipate a structural shift toward dollar weakness, recommending the Euro as a primary reserve alternative while noting that US equities remain in a bull market driven by strong earnings and AI capital expenditure cycles. Federal Reserve expectations are gradually shifting toward a more dovish regime with potential rate cuts likely in late 2025, contingent on unemployment rising to the 4.4% range amidst a divided committee and manageable inflation concerns.