Latest Interviews
Showing 166–180 of 597 interview transcripts.
Clear all filters- Goldman Sachs20 min
Crypto Volatility: What’s the Outlook for Digital Assets?
Mathew McDermott, Allison Nathan
Hosted by Goldman Sachs between May 3 and May 16, 2022, this discussion analyzes the 30% year-to-date decline in Bitcoin and the TerraUSD collapse as catalysts that distinguished algorithmic risks from asset-backed stability within the evolving digital asset ecosystem. The speakers detail how institutional adoption is accelerating through volatility-focused strategies and regulatory frameworks like the US executive order, while blockchain innovations such as the European Investment Bank's tokenized debt issuance demonstrate T+1 settlement efficiency. Furthermore, the dialogue explores the future trajectory of synthetic CBDCs and retail versus wholesale Central Bank Digital Currencies across 87 countries, projecting a market normalization that balances high venture valuations against the structural benefits of on-chain transparency.
- Goldman Sachs16 min
How Policymakers are Navigating Stagflation Risk
Eric Rosengren, Philipp Hildebrand, Jan Hatzius, Alison Nathan
Economists Eric Rosengren and Philip Hildebrand warn that the U.S. and Euro Area face heightened stagflation risks driven by multi-decade inflation levels and supply shocks from the Russia-Ukraine conflict. While the Federal Reserve is criticized for being behind the curve in raising rates, strategies involving balance sheet recalibration are debated to avoid a policy-induced recession predicted by Goldman Sachs analysts. Policymakers remain compelled to continue tightening to anchor inflation expectations, even as forecasts suggest a shallow normalization cycle and a growth slowdown to approximately 2%.
- Goldman Sachs18 min
Gene Editing: The Future of Genomic Medicine & Biotech Investing
Salveen Richter, Allison Nathan, Selvine Richter
Gene editing distinguishes itself from traditional gene therapy by utilizing molecular scissors like CRISPR-Cas9 to permanently correct genetic defects in liver, eye, and neurological applications, with recent ex vivo successes for sickle cell disease and the first in vivo proof-of-concept for TTR. As two CRISPR-based therapies approach regulatory filings in 2022 and pivotal studies advance for rare diseases, the industry faces rigorous FDA safety mandates requiring fifteen years of follow-up data alongside complex reimbursement challenges stemming from the high one-time cost of curative treatments. While significant venture capital and pharmaceutical acquisitions drive the integration of next-generation tools like base and prime editing, the field maintains a strict consensus against germline modifications to mitigate ethical concerns and long-term safety risks.
- Goldman Sachs19 min
Raising Capital: How Companies’ Financing Strategies Are Changing In Volatile Markets
Driven by Federal Reserve rate hikes and geopolitical instability, global financial markets in early 2022 shifted from accommodation to tightening conditions while robust debt markets facilitated $30 billion in leveraged buyouts and $230 billion in share buybacks. Corporate strategies prioritized capital optimization through conservative leverage, strategic spinoffs, and a pivot in SPAC activity toward profitability-driven deals as redemption rates surged to 80%. Despite heightened equity volatility and credit spread widening, strong balance sheets prepared companies to navigate uncertainty by locking in rates and focusing on resilient, regionalized growth.
- Goldman Sachs18 min
Chris Britt, Co-Founder and CEO of Chime
CEO Chris Britt positions Chime not as a neobank but as a digital financial platform partnering with FDIC-insured banks to serve 150 million Americans living paycheck-to-paycheck. The company generates revenue through interchange fees rather than customer charges, a model that enabled early stimulus distribution and rapid growth fueled by direct deposit incentives. Chime plans to expand its ecosystem into installment loans, cryptocurrency, and insurance while maintaining strict CFPB oversight to support its goal of becoming a comprehensive financial hub for the mainstream consumer.
- Goldman Sachs17 min
Understanding the Metaverse and Web 3.0
Goldman Sachs analysts define the metaverse as an immersive evolution from the smartphone-centric Web 2.0 to a decentralized Web 3.0 environment, projecting a potential market valuation between $2 trillion and $12 trillion as hardware costs decline. This investment cycle, accelerated by pandemic-driven gaming adoption and high-profile corporate shifts like Meta's rebranding, anticipates major economic expansion in sectors ranging from retail to education over the next decade. Success hinges on platform interoperability and strategic partnerships, though the transition faces immediate regulatory scrutiny regarding privacy and market concentration distinct from previous web eras.
- Goldman Sachs17 min
Redefining the Retirement Landscape
Goldman Sachs Asset Management conducted its inaugural retirement survey of over 1,200 participants to contrast the financial hurdles and retirement timing of workers against those of retirees, revealing that health issues and job losses frequently force early departures for retirees while inflation and debt constrain current savings. The data highlights significant demographic disparities, noting that women often retire earlier than planned and feel less secure in their savings than men, whereas younger generations display optimistic yet unrealistic expectations regarding income replacement and retirement ages. In response to these findings and a shifting employment landscape, employers are increasingly transitioning from standalone 401(k) plans to comprehensive retirement programs that integrate financial wellness tools, student loan assistance, and lifetime income vehicles to address systemic gaps and retain talent.
- Goldman Sachs18 min
Ruth Davidson, Baroness of Lundin Links
Ruth Davidson, Ruth Davidson, Baroness of Lundin Links, Adam Crook
Former Scottish Conservative Leader Ruth Davidson, who transitioned from the BBC to elected office in 2010, now champions mental health parity and LGBTQ+ rights while condemning the toxic pressures of modern social media. In her current role chairing the ICV's mental health advisory group, she is directing £1.3 million in raised funds toward critical support services and advocating for policy reforms that integrate well-being into housing, military transitions, and urban planning. Beyond service expansion, Davidson continues to push for constructive discourse on trans rights, urging politicians to prioritize practical human needs over abstract ideological conflicts.
- Goldman Sachs16 min
Why Investors Are Shopping for Consumer Retail
Allison Nathan, Jennifer Davis, Vishaal Rana, Jen Davis
Record-breaking $14 billion in 2021 consumer retail IPO issuance, led by Goldman Sachs' $1.8 billion Olaplex deal, has driven 28 new public listings while direct listings and M&A activity continue to surge amid robust post-IPO market performance. Despite near-term headwinds including severe supply chain disruptions, labor shortages, and inflation, the sector is pivoting toward omni-channel strategies and technology-driven brand experiences to navigate shifting consumer preferences. Looking ahead, Goldman Sachs forecasts sustained growth in the sector through 2022 and beyond, driven by megatrends such as digitization, health and wellness, and ESG integration, even as macroeconomic volatility persists.
- Goldman Sachs18 min
Melissa Bradley, Founder, 1863 Ventures
Economist Amanda Bradley argues that systemic racism has cost the U.S. economy $16 trillion and urges leveraging the demographic shift of Black and Brown populations as the "new majority" to boost global GDP competitiveness. Her analysis highlights critical barriers such as the $250,000 capital gap facing diverse entrepreneurs and critiques traditional venture capital biases, leading her to advocate for tax credits and direct cash mechanisms over intermediary grants. Bradley points to Goldman Sachs' "One Million Black Women" initiative as a pivotal model for aligning capital allocation with economic returns, asserting that restructuring the capitalist paradigm to treat these groups as asset holders is essential for future national prosperity.
- Goldman Sachs16 min
Louise Hulland, broadcaster and journalist
The 2015 Modern Slavery Act, championed by Theresa May, consolidated UK laws to address a £120 billion industry driven by "county lines" networks that exploit vulnerable British nationals. While Section 54 mandates supply chain transparency for large businesses, the legislation notably lacks specific statutory support for victims, leaving their adjudication to the Home Office and complicating immigration status resolution. Despite these legal frameworks, rising risks from Brexit, the pandemic, and climate displacement continue to expand the pool of targeted populations, even as younger generations drive growing corporate accountability.
- Goldman Sachs15 min
Ben Francis, Founder & CEO of Gymshark
Ben Francis founded Gymshark at 19 after pivoting from dropshipping to apparel, eventually growing the company into a UK unicorn with operations in over 130 countries by rejecting wholesale partners to prioritize a community-first direct-to-consumer model. Former CEO Steve established the firm's financial and operational foundations, enabling Francis to assume the top role and drive global market expansion through strategic travel and local events. By 2031, the company aims to evolve from a clothing retailer into a comprehensive fitness ecosystem addressing both physical and mental well-being, mirroring the trajectory of companies like Amazon and Apple.
- Goldman Sachs19 min
Why Hedge Funds Are Turning to the Private Markets
Kristin Kramer, Freddie Parker, Allison Nathan
Hedge funds are rapidly expanding their private market exposure in 2021 by deploying $153 billion across 770 deals, driven by extended corporate lifecycles, soaring valuations, and the strategic need to secure IPO allocations. Predominantly led by equity long-short managers in the TMT and Healthcare sectors, these firms utilize late-stage investments to access high-disclosure environments while offering volatility dampening and lifecycle investment capabilities distinct from traditional private equity. This structural shift is reshaping capital market dynamics as investors adopt specialized vehicles like side pockets and hybrid funds to balance liquidity concerns against the permanent integration of private assets into public market strategies.
- Goldman Sachs19 min
Thomas Dyja, author of "New York, New York, New York"
Thomas Deidja's *New York, New York* chronicles the shift in municipal governance from the fiscal chaos of the Beame era to the data-driven command structures of the Giuliani and Bloomberg administrations. The text details how technological mandates replaced manual record-keeping to solve crime and management crises while critiquing specific policy failures regarding the AIDS crisis and racial disparities under Koch and Dinkins. Ultimately, the work argues that the pandemic disrupts this historical model of urban vitality by eliminating the face-to-face interactions that previously allowed the city to rely on density to solve social problems.
- Goldman Sachs10 min
Nicolas Hamilton, Racing Driver
Nicolas Hamilton, Kene Ejikeme, Kanae Jukame
Nicholas Hamilton, born with cerebral palsy and trained exclusively on a £20 button-based simulator, overcame physical limitations to win the 2009 British Championship and subsequently secure a spot in the professional British Touring Car Championship. After two years of securing his own sponsorship by acting as his own marketing director, he became the first disabled driver to score BTCC points since 2015 and currently holds the distinction of being the most followed driver in the touring car paddock. His career, defined by a "90% mental, 10% physical" philosophy, serves as a high-visibility platform to inspire others to pursue unique routes despite external constraints.