Latest Interviews
Showing 1306–1320 of 3,002 transcripts.
Clear all filters- The Economist14 min
The remote-working revolution: how to get it right
Experts analyze the permanent integration of remote work, highlighting divergent global adoption rates and emerging legal complexities regarding tax liability and employment jurisdiction across nations like Finland and France. The discussion further examines operational risks such as workplace inequality, where junior staff face hurdles in networking and ergonomic safety, prompting corporate policy shifts including salary adjustments and office space reductions. Ultimately, the convergence of evolving national legislation and internal employer frameworks aims to establish sustainable boundaries for working hours, digital privacy, and future organizational structures.
- Goldman Sachs7 min
What Europe’s Reopening Means for Economic Growth
Goldman Sachs forecasts a robust 2021 European economic rebound driven by vaccine rollouts, projecting 7.1% GDP growth for the UK and 5.1% for the Euro Area despite near-term infection risks. The recovery will feature significant divergence, with Germany returning to pre-pandemic activity levels by the third quarter ahead of Italy and Spain due to its exposure to the global industrial cycle and stronger fiscal support. This optimistic outlook is further bolstered by massive excess household savings estimated at 30% of GDP in the UK and 15% in the Euro Area, which could accelerate consumption if restrictions ease as anticipated.
- Milken Institute1h 1m
Walking the Talk: Investing in the Future of Black Banks, Entrepreneurship, and Opportunity
Eugene Cornelius, Jr, Henry Childs II, Emanuel Friedman, Tracy Gray, Joseph Haskins, Jr., Aron Betru
This panel examines the systemic barriers preventing Black entrepreneurs from accessing capital and reveals that closing the racial wealth gap could unlock $1.6 trillion in US economic potential. Experts advocate for a strategic shift from traditional inclusion to innovation by leveraging $9 billion in government-funded preferred stock to mobilize $90 billion in community lending and aggregating pension capital for diverse asset managers. The discussion concludes with a call to build a self-sustaining minority economy driven by global export opportunities, artificial intelligence, and direct financing models rather than reliance on historically exclusionary systems.
- Goldman Sachs11 min
The Beginning of a Structural Bull Market for Commodities
Goldman Sachs Research has revised its 12-month commodity index return forecast to 15.5% based on a structural bull market driven by post-vaccination demand recovery, expansive green infrastructure spending, and constrained producer supply. The firm attributes this shift to simultaneous global fiscal stimulus and capital discipline that limit oil and mine output while redirecting investment toward transition metals like copper. Consequently, analysts have upgraded price targets for copper, oil, and grains, positioning commodities as a hedge against sustained inflationary pressures and a diversification tool against equity valuation risks.
- Goldman Sachs17 min
How Hedge Funds are Navigating a Volatile Market
Diana Dieckman, Freddie Parker, Jake Seward, Diana Dykman
Goldman Sachs surveyed nearly 450 allocators representing $1 trillion in assets, revealing that the hedge fund industry generated record AUM of $3.6 trillion in 2020 driven entirely by performance rather than new capital flows. While the sector recovered strongly from early-year losses with average returns exceeding 20%, the outlook for 2021 anticipates $35 billion in net inflows and a strategic pivot toward discretionary macro managers and Asian exposure, particularly China. This shift coincides with a reversal in fee compression, as rising performance prompted average management and performance fees to increase for the first time since 2012.
- Goldman Sachs18 min
Christina Swarns, Executive Director of the Innocence Project
Christina Swarnes and exoneree Hugh Burton highlight critical structural failures in the criminal justice system, citing racial disparities in wrongful convictions and the absence of accountability for officials who secure false confessions. Their discussion emphasizes specific cases like *Buck v. Davis* and Burton's own 19-year incarceration to illustrate the urgent need for mandatory interrogation recording and systemic reforms driven by the post-George Floyd reckoning. Together, they argue that true safety requires local community accountability and robust support structures to assist individuals reintegrating after being wrongly convicted.
- Goldman Sachs17 min
Horacio Rozanski, President and CEO of Booz Allen Hamilton
Booz Allen Hamilton President Horacio Rosansky discussed the firm's strategic integration of private-sector innovation with complex government missions, highlighting advancements in AI, cybersecurity, and sustainability during a "Talks at GS" appearance. Addressing social equity with unprecedented urgency, Rosansky detailed how the leadership team prioritized internal assessments of diversity and race to complement the company's rapid growth in data science and space asset protection under its "Vision 2020" initiative. The conversation concluded with Rosansky's assessment of post-election operational challenges and his vision for accelerating technological adaptation to address exponential changes in the 2020s while fostering a legacy of broadened opportunity.
- Milken Institute1h 0m
Finance as a Force for Good
Ben White, Kate Barton, Mark Machin, Jeffrey M. Solomon, Andrew Weinberg
Panelists discuss a widening divergence between ebullient financial markets and weak economic fundamentals, driven by $27 trillion in global fiscal stimulus that is largely diverting into asset reflation rather than immediate consumption. The discussion highlights how regulatory shifts toward revenue generation and carbon pricing, alongside the rise of family offices integrating sustainability values, aim to redirect capital toward real economy growth and climate innovation. Experts emphasize that future stability requires pivoting from financial engineering to investing in people and middle-market firms while consolidating fragmented ESG reporting to ensure long-term value creation.
- Milken Institute45 min
Leading Companies Through the New Digital Reality
Caroline Fairchild, Kevin Jones, Asha Keddy, Jason Maynard, Andrew Paradise
Tech leaders from Oracle, Intel, Rackspace Technology, and Skills convened to detail how pandemic lockdowns catalyzed a permanent shift toward remote-first strategies, multi-cloud infrastructure, and zero-trust security models. Despite economic volatility, these organizations achieved significant milestones including Rackspace's public listing, Skills' 35% growth, and Intel's infrastructure modernization while implementing innovative wellness programs and virtual hiring practices to maintain culture and diversity. Looking forward, executives predict a distributed computing future powered by 5G and AI that will further decentralize office operations and expand global talent acquisition.
- Milken Institute1h 2m
Bridge and Blend: The Role of DFIs in Scaling Sustainable Financing
Alison Harwood, Amit Bouri, Joan Larrea, Nancy Lee, Monish Mahurkar
With the annual financing gap for Sustainable Development Goals in emerging markets estimated at $2.5 trillion, development finance institutions face critical challenges in mobilizing the necessary private capital due to institutional constraints and a historical overconcentration in middle-income regions. To address this disparity, organizations like the International Finance Corporation are shifting strategies by targeting low-income countries with specialized "stretch funds" that absorb early-stage risks and harmonizing global impact metrics to streamline complex deals. Experts emphasize that achieving the 2030 deadlines requires immediate structural reform to transform concessional finance into scalable market infrastructure rather than relying solely on bespoke transactions.
- Milken Institute1h 0m
Beyond Financials: The Importance of ESG
Billy Nauman, Daniel Barclay, Pierre Breber, Lori Heinel, Lydie Hudson
Executives from Chevron, BMO Capital Markets, State Street, and Credit Suisse convened at the Milken Institute Global Conference to advocate for an "and" world where financial returns and ESG standards are mutually required. Participants argued that divestment is less effective than strategic engagement and incentive-based financing, with leaders like Pierre Breber defending high-return fossil fuel operations and Laurie Heinel emphasizing the materiality of ESG risks to long-term shareholder value. The panel concluded that despite global regulatory fragmentation and rating inconsistencies, the convergence of values and value is inevitable, positioning sustainable performance as a primary driver of capital allocation and cost of capital in a post-pandemic economy.
- Milken Institute58 min
Common Sense in Uncommon Times
Michael Milken, Afsaneh Beschloss, George G. Hicks, Jonathan Sokoloff, Neal Wilson
The Milken Institute Global Conference convened investors, policymakers, and corporate leaders to address the pandemic's economic disruption under the theme of "Common Sense for Uncommon Investors," emphasizing the integration of public health and social equity into financial strategy. Key figures including representatives from Leonard Green, Rock Creek, and Vardy Capital detailed adaptive measures such as liquidity tracking, shifts toward private distressed assets, and support for minority depository institutions to navigate volatile markets. The discussion concluded with projections of a K-shaped recovery, anticipated defaults in high-yield bonds, and a permanent acceleration in digital adoption and hybrid work models.
- Milken Institute1h 0m
Real Estate: In the Eye of the Storm
Carol Massar, Jonathan Goldstein, Richard Mack, David Warren, Xin Zhang
Industry leaders Jonathan Goldstein and David Warren, alongside regional experts, characterize the current real estate landscape as volatile with a projected recovery timeline extending to late 2022 or 2023. The panel identifies a sharp divergence across asset classes, noting residential and logistics sectors driven by supply shortages and e-commerce growth, while hospitality and retail face significant distress. To navigate this environment, participants highlight strategic opportunities in distressed commercial MBS, adaptive reuse of malls, and secondary city investments, while forecasting a permanent shift toward hybrid work models and emphasizing the urgent need for diversity reforms within the sector.
- Milken Institute1h 1m
Retirement Security: The COVID-19 Wake-Up Call
Rick Newman, Roger W. Ferguson, Jr., Penny Pennington
A comprehensive analysis reveals that pre-pandemic retirement insecurity was exacerbated by a $4 to $7 trillion savings shortfall and the COVID-19 crisis, which forced 11 million fewer Americans into employment and drained the nest eggs of 20% of workers. The crisis has exposed profound racial and gender disparities in wealth accumulation, prompting calls for legislative solutions such as the SECURE Act and Multiple Employer Plans to reduce administrative burdens for small businesses while addressing the projected 2033 depletion of the Social Security Trust Fund. Expert recommendations emphasize a shift toward guaranteed income streams through annuities and the adoption of automatic enrollment mechanisms to counteract longevity risks and behavioral market mistakes that threaten future financial stability.
- Milken Institute1h 3m
Credit Opportunities: Managing Shifting Tides
Kevin Duignan, Michael Buchanan, Mathieu Chabran, Anne Walsh, Don Young
This expert panel analyzes the rapid credit market recovery driven by aggressive Federal Reserve intervention and the CARES Act, which enabled high-quality issuers to access capital despite a sharp initial bear market. Speakers highlight a growing divergence where private credit and structured products like CLOs offer tailored solutions for mid-market borrowers while sectors like transportation face severe liquidity stress and a rising risk of "zombie" company defaults. Looking forward, the discussion predicts continued market support through the election cycle and vaccine rollout, though participants warn that prolonged monetary expansion may eventually lead to inflationary pressures and a necessary correction of over-leveraged entities.