Allison Nathan
Showing 106–111 of 111 transcripts.
- Goldman Sachs21 min
The Exit Interview: Jake Siewert on the Media, Communications and the Role of Podcasts
After a decade-long tenure transforming Goldman Sachs' external narrative, Global Head of Communications Jake Seward is stepping down from his role and the "Exchanges at Goldman Sachs" podcast in favor of Senior Strategist Allison Nathan. Seward's departure follows a strategic era where the firm shifted from silence to a proactive, direct-to-consumer media model that utilized deep-dive conversations to bridge the gap between internal culture and public perception. Under the new leadership, the program continues to evolve by bypassing traditional gatekeepers to serve niche industries while prioritizing employee engagement and expert interviews over daily market commentary.
- Goldman Sachs26 min
Reflation Risk
Allison Nathan, Jan Hatzius, Dominic Wilson
Former Treasury Secretary Larry Summers and Goldman Sachs' Jan Hatzius debated whether U.S. fiscal stimulus will trigger a 1970s-style inflationary spiral, with Hatzius arguing that a 6% output gap and temporary spending measures justify the Federal Reserve's tolerance for average inflation targeting. While bond market strategist Dominic Wilson noted that recent yield increases reflect growth acceleration rather than policy surprises, the consensus suggests a rotation into cyclical assets as investors anticipate Fed rate hikes beginning in early 2022. Goldman Sachs projects tapering in early 2022 with a first rate hike in 2024, advising investors to favor cyclical equities and non-gold commodities over rate-sensitive growth stocks during this transition.
- Goldman Sachs27 min
The Short and Long of Recent Volatility
Allison Nathan, Arthur Levitt, Owen Lamont, Kevin Kelly
In late January 2021, a convergence of retail coordination and stretched hedge fund short positions triggered a volatile "flash mob" short squeeze that erased 5.9% of long-short fund assets despite negligible leverage pressures. While Goldman Sachs and Wellington Management experts attributed the crisis to a crowdsourced gamma squeeze and sentiment-driven pricing, the event highlighted emerging market fragility where prices increasingly divorced from fundamental value. Regulators and industry leaders subsequently emphasized the need for greater transparency in broker incentives and investor education to mitigate future episodes of extreme volatility and liquidity disconnection.
- Goldman Sachs29 min
The IPO SPAC-Tacle
Allison Nathan, David Ludwig, Jay Ritter, Michael Klausner
The 2020–2021 IPO market defied pandemic headwinds to reach a $300 billion global record, driven by low interest rates and a surge in Special Purpose Acquisition Company (SPAC) activity that outnumbered traditional initial public offerings. While pre-merger SPAC investors enjoyed bond-like returns, experts like Michael Klausner warn that structural dilution and redemption risks are creating unsustainable losses for post-merger shareholders. Financial institutions project a market convergence where traditional IPOs and direct listings will evolve to address these inefficiencies, potentially replacing the current blank-check model.
- 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 Sachs41 min
Speaker Series for Interns: Senior Economists from Global Investment Research
Jan Hatzius, Dominic Wilson, Allison Nathan
Jan and co-speakers assess the post-2009 global economy as significantly improved from a Depression scenario yet still hampered by insufficient stimulus, premature fiscal tightening, and slow central bank responses. While US growth is forecast to accelerate to roughly 2.7% by mid-2014 driven by housing and demographics, supporting equity upside despite rich valuations, Europe and Japan face subdued growth and inflation challenges requiring more aggressive monetary easing. The analysts predict the Federal Reserve will hold rates near zero until early 2016 due to hidden labor market slack, whereas emerging markets are navigating a painful 12-to-18-month correction phase before resuming their long-term role as primary global growth engines.