Latest Interviews
Showing 766–780 of 1,193 interview transcripts.
Clear all filters- Goldman Sachs8 min
The Momentum Driving Equity Issuance
In May and June 2020, global capital markets experienced record-breaking equity issuance volumes driven initially by pandemic-stricken firms seeking operational liquidity and subsequently by companies pursuing strategic growth and IPOs. While the traditional IPO market rebounded with 80% of new listings trading above offer prices, alternative structures like direct listings and SPACs gained significant traction due to improved economics, high-profile sponsor quality, and demand for pricing certainty. Looking ahead, market participants anticipate a normalization of capital raising alongside a resurgence in M&A activity and a re-equitization trend as businesses pay down crisis-era debt.
- Goldman Sachs25 min
Rodney McMullen, Chairman and CEO of The Kroger Company
Kroger's leadership navigated the pandemic by implementing immediate safety protocols and a "Restock" digital strategy that drove online sales growth from 30-50% to over 100%, ultimately securing a 92% quarterly increase. The retailer leveraged its in-house manufacturing and temporary hiring of 40,000 associates to manage supply volatility while simultaneously accelerating diversity initiatives through $3.4 billion in minority-owned business procurement. Looking forward, the company is restructuring its inventory targets and capacity to permanently support enduring shifts toward home cooking and plant-based consumption.
- Goldman Sachs10 min
The Ascent of Asia’s Digital Economy
This analysis highlights how China's digital economy has reshaped regional market composition, driving internet sector representation to 22% and creating a high-performing "digital dozen" that outpaced the broader index by 25% year-to-date. Analysts contrast this current profitability-driven dominance with the 1990s tech bubble, noting that while valuation concerns exist, the sector trades at a reasonable PEG ratio of 1.2x supported by strong fundamentals. Looking ahead, the firm anticipates a "fat and flat" market environment with potential mid-year corrections, yet maintains a pro-cyclical stance favoring technology over financials due to enduring secular growth trends.
- Goldman Sachs12 min
E-Commerce’s Steepening Curve
Goldman Sachs Research projects a 24% annual e-commerce growth rate through 2023 as global consumer habits shifted permanently following pandemic-driven supply chain expansions and operational pivots by major retailers like Amazon and Walmart. This accelerated transformation forces brick-and-mortar establishments to compress a decade of evolution into two years by adopting contactless technologies, repurposing real estate, and integrating robotics to manage density constraints. Consequently, the retail sector is undergoing a structural adjustment that prioritizes flexible fulfillment models and digital integration over traditional physical store operations.
- Goldman Sachs23 min
Doreen Lawrence, Baroness Lawrence of Clarendon, OBE
Doreen Lawrence, Baroness Lawrence of Clarendon, Doreen Lawrence, Baroness Lawrence of Clarendon, Kyle Williams
At Goldman Sachs' "Talks at GS" event, Kyle Williams hosted Baroness Doreen Lawrence to discuss the disproportionate impact of the Coronavirus on BAME communities and the ongoing legacy of the Macpherson Inquiry. Lawrence detailed how historical institutional racism necessitated legislative reforms like the Double Jeopardy clause, yet highlighted that current police recruitment standards and a lack of colonial history education continue to fuel racial profiling and discrimination. She concluded by advocating for comprehensive educational reform and promoting the Stephen Lawrence Scholarship to ensure future generations grow up free from systemic bias.
- Goldman Sachs8 min
What’s Next for the Tech IPO Market
Following a brief post-shutdown pause, global markets have surged to multi-year highs driven by pandemic-accelerated digitalization, prompting technology and healthcare companies to accelerate their 2022 IPO plans into the immediate future. Investment banks have radically condensed traditional roadshows from nine days of in-person travel to five days of remote meetings, while simultaneously customizing deal structures and exploring direct listings to offer greater transparency and efficiency. These operational shifts, supported by record investment banking volumes and valuation levels exceeding pre-pandemic peaks, have fundamentally altered the landscape for capital raising and market entry.
- Goldman Sachs33 min
Dr. Khalil Gibran Muhammad, Professor of History, Race and Public Policy at Harvard Kennedy School
Dr. Khalil Gibran Muhammad, Dan Hibbert
Harvard historian Khalil Gibran Muhammad joined Goldman Sachs to dissect the historical roots of systemic racism, tracing modern policing to slave patrols and explaining how racial capitalism sustains a ten-to-one wealth gap between Black and white families. Muhammad distinguished current protests from the Civil Rights era by their unprecedented white participation and argued that lasting change requires the private sector to move beyond reputational philanthropy toward dismantling the political power structures that protect inequality. He concluded that bridging this divide demands a national confrontation with American history, urging universal bias education and the transfer of power from police institutions to local communities to address the true causes of social stratification.
- Goldman Sachs8 min
Commodities Update: Silver Steps Out of Gold’s Shadow
A panel of market experts analyzes the recent volatility in commodity markets, contrasting the oil sector's rebound from a historic price crash with the strong, inflation-hedged rally in gold and the industrial-driven surge in silver. The discussion highlights diverging investor sentiments regarding OPEC+ production strategies and U.S. shale recovery against bullish drivers such as infrastructure demand and clean energy subsidies. Key outcomes include updated price targets for precious metals and a framework for assessing supply constraints versus capital rotation between asset classes.
- Goldman Sachs11 min
Shareholder Activism in Uncertain Times
Following a 60% decline in activist campaigns during early 2020 driven by pandemic volatility and shifting investor priorities, activity has since recovered to previous levels through private dialogue and targeted engagement. Activists now focus on underperforming companies with governance weaknesses or inefficient capital allocation, while companies have increasingly adopted defensive measures like poison pills and proactive ESG integration to mitigate risk. As the market stabilizes, the landscape is shifting toward demands for M&A, board representation, and the use of ESG gaps as strategic leverage to force operational changes.
- Goldman Sachs21 min
Cori “Coco” Gauff, Professional Tennis Player
Tennis champion Coco Gauff, drawing inspiration from the Williams Sisters and her family's encounter with police brutality, integrates racial justice advocacy into her professional life by urging allies to use their platforms for change. Following a record-breaking Wimbledon debut against Venus Williams, Gauff manages high-pressure expectations by treating her career as a long-term marathon while maintaining that off-court activism fuels her on-court performance. She plans to resume international travel and daily practice despite pandemic restrictions, balancing competitive demands with lessons on mental health and the power of representation.
- Goldman Sachs8 min
Investing in Racial Economic Equality
A Goldman Sachs-led panel examined persistent racial disparities in income, wealth, and education, highlighting that Black men's relative economic standing has stagnated over seventy years while wealth gaps remain at ten-to-one ratios. The discussion emphasized that private capital strategies, such as those implemented by the Urban Investment Group in Newark, combined with targeted public policies like affirmative action, offer pathways to bridge these divides. Speakers concluded that overcoming these structural inequities requires a holistic public-private collaboration essential for the long-term health of the U.S. economy.
- Goldman Sachs10 min
Trends Shaping the Equity Markets
Market analysts anticipate a shift in volatility sources toward equities while highlighting how the US presidential election could trigger $20 per share earnings reductions for the S&P 500 if tax reforms are unwound. Diverging pandemic responses and currency fluctuations are driving capital toward European and Asian markets, potentially weakening the dollar and favoring value stocks over growth. This environment fuels a distinct behavioral split where retail investors surge into speculative trades like Tesla while institutional actors cautiously de-gross portfolios despite record ESG fund inflows.
- Goldman Sachs26 min
John Dickerson, Author of 'The Hardest Job in the World: The American Presidency"
In *The Hardest Job in the World*, journalist John Dickerson argues that the modern presidency has evolved from a constitutionally limited office into an unmanageable entity due to expanded security threats, legislative abdication, and inflated public expectations. Dickerson critiques the current selection process for prioritizing campaign theater over governance skills, citing the Trump administration's pandemic response as evidence that effective leadership requires rigorous operational testing rather than solo heroics. By highlighting the disconnect between campaign narratives and the complex reality of decision-making, the author urges a shift in media and voter focus toward substantive management capabilities and the feasibility of policy implementation.
- Goldman Sachs33 min
Zachary Carter, Author "The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes"
Zachary Carter, John Maynard Keynes, Tim O'Neill
This event redefines John Maynard Keynes not merely as a proponent of deficit spending but as a philosopher of crises whose work integrated social harmony, war, and culture into economic theory. It traces his journey from resigning in protest against the Versailles Treaty to architecting the National Health Service, highlighting his conviction that money serves as a tool of governance rather than a natural medium of exchange. Ultimately, the presentation argues that applying his original vision to modern challenges like climate change and public health would require shifting focus from debt metrics to managing uncertainty and ensuring social stability through massive international cooperation.
- Goldman Sachs22 min
Michael Dell, Chairman and CEO of Dell Technologies
Michael Dell outlines how the 2020 crisis accelerated digital transformation and prompted the launch of the "Progress Made Real 2030" ESG strategy, which prioritizes social impact alongside financial performance. The company addressed these shifts through a revised remote work culture that boosted employee engagement, a $100 million philanthropic commitment to digital equity, and a strategic exploration to spin off VMware to create a leading multi-cloud infrastructure entity. Looking ahead, Dell warns that the convergence of 5G, AI, and IoT will generate a data tsunami, necessitating intrinsic security measures and proactive interventions to prevent technology from exacerbating social inequalities.