Latest Interviews
Showing 31–45 of 58 transcripts.
Clear all filters- Goldman Sachs24 min
Will the Fed cut rates in December?
Analysts project a tight December Federal Reserve decision amid data gaps from the government shutdown, while market volatility reflects a recalibration of the AI growth narrative and a corporate shift toward leveraging debt. Corporate sentiment signals an inflection point in capital allocation as hyperscalers increase borrowing and reduce headcounts to chase AI efficiency, echoing historical leverage cycles. Simultaneously, geopolitical shifts and unexpected policy output from the 2025 administration are reshaping global trade flows and currency trends despite persistent inflationary stickiness.
- 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.
- All-In Podcast1h 32m
Trump Takes On the Fed, US-Intel Deal, Why Bankruptcies Are Up, OpenAI's Longevity Breakthrough
Trump, Jason, Chamath, Biden, Warren, Hickenlooper, Friedberg
The fourth annual All-In Summit brings together venture capitalists and policymakers in Los Angeles to debate the political control of the Federal Reserve following President Trump's firing of Governor Lisa Cook and a government equity stake in Intel. Panelists including David Sacks and Chamath Palihapitiya criticized central bank independence while discussing a potential shift toward sovereign wealth funds and emerging AI-driven breakthroughs in aging research. The event also featured announcements for Foundry University's expansion into Riyadh and highlighted pressing economic challenges such as the commercial real estate debt wall and rising corporate bankruptcies.
- Goldman Sachs7 min
Still Bullish on Big Tech
Peter Callahan, Mike Washington
In the second quarter, major technology companies surpassed market expectations by accelerating growth in e-commerce, cloud, and digital advertising, driven primarily by widespread artificial intelligence adoption. This momentum has coincided with rising capital expenditures on AI infrastructure, while analysts project a multi-year expansion cycle that remains resilient despite macroeconomic uncertainties regarding interest rates and tariffs. Although the current market rally is heavily concentrated in large-cap stocks, investors anticipate a potential catch-up trade in smaller-cap tech firms later in the year as inflation data and the Jackson Hole symposium provide new catalysts.
- 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 Sachs19 min
Equity risks and alts opportunities
David Kostin, Padi Raphael, Allison Nathan
The Professional Investor Forum gathered advisors managing $1.3 trillion to analyze a U.S. market recovering to pre-tariff levels despite a 50% recession probability, as first-quarter earnings beat expectations by 12% before new April policy shifts. Goldman Sachs forecasts a recession-free 2025 baseline, though participants anticipate earnings compression in the second quarter if tariffs are implemented. Consequently, investment strategies are pivoting toward private market allocations and equal-weighted indices to mitigate concentrated stock risk while managing capital flows repatriated from Europe and steady inflows from Asia.
- 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.
- 80,000 Hours1h 36m
Parenting insights from Rob and 8 past guests
Luisa Rodriguez, Rob Wiblin, Ezra Klein, Holden Karnofsky, Emily Oster, Russ Roberts, Spencer Greenberg, Elie Hassenfeld, Bryan Caplan, Nita Farahany
Holden Karnofsky discusses his surprising positive experience with early parenthood, noting stable sleep and increased well-being despite prevailing societal narratives of decline. The conversation integrates expert advice from figures like Emily Oster and Ezra Klein regarding the trade-offs between career demands and childcare, emphasizing that foundational stability outweighs specific parenting choices. Key themes include the methodological flaws in measuring parental regret, the biological realities of gamete quality, and practical strategies for balancing work, identity shifts, and child safety.
- Goldman Sachs19 min
Why China’s economy is struggling
Goldman Sachs has lowered its 2024 China GDP growth forecast to 4.7% below the official 5% target, citing persistent oversupply in the property sector and weak consumer demand. While the government retains fiscal capacity to expand central debt to 110–120% of GDP, current strategy focuses on stabilizing homeowners rather than rescuing developers due to fears of asset bubbles. The report warns that a potential 60% U.S. tariff could further suppress growth by 2 percentage points, likely forcing a shift to aggressive stimulus if domestic resilience fails.
- 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.
- All-In Podcast1h 39m
E161: US strikes Houthis, market instability, Q1 rate cuts in doubt, Carta's major mishap, DEI
Jason, Friedberg, Chamath Palihapitiya, David Sacks
David Sacks, Chamath Palihapitiya, and other analysts debated the strategic futility and political motives behind US-led airstrikes on Houthi targets in Yemen, questioning whether the operation serves genuine deterrence or domestic political distractions. The panel also forecasted persistent inflation and a "bumpy landing" for the US economy due to a depleted Strategic Petroleum Reserve and cooling corporate hiring, while warning that escalating oil prices could eliminate anticipated rate cuts. Concurrently, the discussion critiqued the venture capital sector's SaaS vulnerabilities, noting the Carta privacy scandal and the potential for AI-driven disruption, alongside a broader cultural critique of Hollywood's diversity mandates and the push for skills-based meritocracy.