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Exchanges

Goldman Sachs
Goldman Sachs
Inflation
Global Economy
Interest Rates
Mergers and Acquisitions
China
Middle East Conflict
Private Equity
US Equities
Property Sector
Blackstone
KKR
U.S. Presidential Election
Investment Strategy
Stock Market Outlook
Real Estate
Geopolitics
Private Credit
Basel III
U.S. Economy

In each episode of "Exchanges," people from the firm share their insights on developments shaping industries, markets and the global economy.

PublishesTwice weeklyEpisodes612Founded11 years ago
Number of ListenersCategory
Business

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Artwork for Exchanges

Latest Episodes

As the demand for AI-powered data centers continues to grow, Goldman Sachs Research’s Brian Singer explains the potential sources—and constraints—of power demand growth.

This episode was recorded on March 3rd, 2026.

The opinions and views expressed... more

YouTube

Steve Klinsky, founder and CEO of New Mountain Capital, joins Goldman Sachs’ Alison Mass to discuss the macro landscape, his approach to building businesses, the evolution of the private equity industry.

This episode was recorded on February 18, 202... more

YouTube

The Iran conflict has triggered the largest energy supply disruption in history with shipping traffic in the Strait of Hormuz nearly at a standstill and regional energy infrastructure under fire. In this episode, Chatham House’s Sanam Vakil, long-tim... more

YouTube

Goldman Sachs’ Alex Blostein and Vivek Bantwal discuss the market sentiment, fundamentals, and the outlook for the private credit sector.

This episode was recorded on March 19th and 20th.

The opinions and views expressed herein are as of the date o... more

YouTube

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Recent Guests

Alex Blostein
Covers US asset managers and other financial companies for Goldman Sachs Research
Goldman Sachs
Episode: Private Credit Concerns in Context
Vivek Bantwal
Global Co-Head of Private Credit in Goldman Sachs Asset Management
Goldman Sachs Asset Management
Episode: Private Credit Concerns in Context
Lloyd Blankfein
Former chairman and CEO of Goldman Sachs
Goldman Sachs
Episode: Lloyd Blankfein on His Memoir Streetwise, Risk Management and Leadership
Kamakshya Trivedi
Chief Foreign Exchange and Emerging Market Strategist, Goldman Sachs Research
Goldman Sachs
Episode: Emerging Markets: Stirred, But Not Yet Shaken
Anthony Gutman
Global Co-Head of Investment Banking and Co-CEO of Goldman Sachs International
Goldman Sachs
Episode: Goldman Sachs International’s Co-CEOs on Europe’s Opportunity, AI, and Market Volatility
Kunal Shah
Global Co-Head of Fixed Income, Currency and Commodities and Co-CEO of Goldman Sachs International
Goldman Sachs
Episode: Goldman Sachs International’s Co-CEOs on Europe’s Opportunity, AI, and Market Volatility
Gabriela Borges
Software sector analyst at Goldman Sachs Research
Goldman Sachs
Episode: Can Software Survive AI?
David Craver
Co-Chief Investment Officer of Lone Pine Capital
Lone Pine Capital
Episode: Fundamentals Still Matter: Lone Pine’s David Craver
Daan Struyven
Co-head of Global Commodities Research at Goldman Sachs
Goldman Sachs
Episode: Oil Market Impacts from Venezuela

Hosts

Allison Nathan
Host of Goldman Sachs Exchanges, providing insights into market developments and trends.
Tony Pascarello
Global Head of Hedge Fund Coverage at Goldman Sachs.

Reviews

4.5 out of 5 stars from 2.6k ratings
  • Your 2026 outlook is pathetic

    Just look around. Why the rosy propaganda? Garbage

    Apple Podcasts
    1
    Edxs
    Canada3 months ago
  • Good and Getting Better

    I’ve been listening to this podcast for about a year. It’s good and getting better. For a while, they had a second host/interviewer that said simple things in an unnecessarily complicated way. Allison doesn’t do that. Exchanges is at its best when it uses Goldman’s global resources to provide insights from corners of the globe that are not making headlines in the popular financial press.

    Apple Podcasts
    5
    mau5convert
    United States4 months ago
  • Great as market sentiment trackers

    Always listen this while workout, great thanks to the Great Investors series!

    Apple Podcasts
    5
    rexchs
    United States5 months ago
  • GS Exchanges: Great Investors

    Wonderful interviews from Allison Mass and guests.

    Apple Podcasts
    5
    Frederick Aryeetey
    United States8 months ago
  • Rare institutional type quality investment podcasts

    Podcasts of this quality are rare. Thank you for the thoughtful analysis on topical issues

    Apple Podcasts
    5
    Insto investor
    Australia9 months ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

General consensus is that episodes are informative and beneficial for those seeking knowledge about market trends.
Some express concerns about audio quality during episodes, suggesting improvements are needed to enhance listener experience.
Listeners appreciate the depth of insights provided, often praising the quality of guests and topics covered.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#150
United States/Business
Apple Podcasts
#59
United Kingdom/Business
Apple Podcasts
#84
Canada/Business
Apple Podcasts
#68
Italy/Business
Apple Podcasts
#120
Germany/Business
Apple Podcasts
#149
Australia/Business

Talking Points

Recent interactions between the hosts and their guests.

Private Credit Concerns in Context
Q: Vivek, given AI's impact, where do you see opportunities amid the current liquidity and sentiment challenges?
Displacement creates opportunity: as redemptions ease and retail capital exits, spreads for incumbents can improve, and vintages with strong institutional backing could deploy capital at better terms. There will be growth in other private credit pockets like special situations and mezzanine, offsetting some pressure in direct lending.
Private Credit Concerns in Context
Q: Alex, how concerned should private credit investors be about exposure to software in the AI era?
Overall, the exposure is significant but not homogeneous across the portfolio. Disruption risk varies by company characteristics such as data ownership and mission-critical software, and cash-flow coverage can still be strong given typical leverage and cushion. The key is selective underwriting and acknowledging dispersion across names and sub-sectors.
Goldman Sachs International’s Co-CEOs on Europe’s Opportunity, AI, and Market Volatility
Q: How are business leaders thinking about the developments in the Middle East and the global economic outlook?
Leaders are mindful of geopolitical risks but maintain a positive, long-term growth view, deploying capital thoughtfully, recognizing opportunities in Europe and AI-enabled productivity, while being cautious about short-term volatility.
Emerging Markets: Stirred, But Not Yet Shaken
Q: So where do markets go from here?
The guest notes that markets are still adjusting to higher inflation shocks from energy prices, with policy paths likely to diverge by region as inflation risks persist; hedges have underperformed, and EMs should benefit if energy pressures ease, though longer-term growth impacts depend on the duration of the conflict.
Oil Market Impacts from Iran
Q: How does the market price in risk right now given the potential for a longer disruption?
The market prices in a meaningful disruption, around an 8% rise in Brent and implied risk premium suggesting a view of potential full closure of the Strait for around four weeks, though traders still consider a range of scenarios.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

Listeners per Episode
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Location
Interests
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Frequently Asked Questions About Exchanges

What is Exchanges about and what kind of topics does it cover?

Content focuses on the dynamic relationships between global markets, economic strategies, and industry trends, often featuring high-profile guests who share their expertise. Episodes explore a range of topics, including investment strategies, the effects of geopolitical events on markets, innovations in technology, particularly artificial intelligence, and vital economic indicators shaping future growth prospects. The depth of discussion and the caliber of guests contribute to making insights accessible for finance professionals and general listeners interested in understanding the financial landscape and its implications for various sectors.

Where can I find podcast stats for Exchanges?

Rephonic provides a wide range of podcast stats for Exchanges. We scanned the web and collated all of the information that we could find in our comprehensive podcast database. See how many people listen to Exchanges and access YouTube viewership numbers, download stats, audience demographics, chart rankings, ratings, reviews and more.

How many listeners does Exchanges get?

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What are the audience demographics for Exchanges?

Rephonic provides comprehensive predictive audience data for Exchanges, including gender skew, age, country, political leaning, income, professions, education level, and interests. You can access these listener demographics by upgrading your account.

How many subscribers and views does Exchanges have?

To see how many followers or subscribers Exchanges has on Spotify and other platforms such as Castbox and Podcast Addict, simply upgrade your account. You'll also find viewership figures for their YouTube channel if they have one.

Which podcasts are similar to Exchanges?

These podcasts share a similar audience with Exchanges:

1. The Markets
2. Thoughts on the Market
3. UBS On-Air: Market Moves
4. Making Sense
5. At Any Rate

How many episodes of Exchanges are there?

Exchanges launched 11 years ago and published 612 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

How do I contact Exchanges?

Our systems regularly scour the web to find email addresses and social media links for this podcast. We scanned the web and collated all of the contact information that we could find in our podcast database. But in the unlikely event that you can't find what you're looking for, our concierge service lets you request our research team to source better contacts for you.

Where can I see ratings and reviews for Exchanges?

Rephonic pulls ratings and reviews for Exchanges from multiple sources, including Spotify, Apple Podcasts, Castbox, and Podcast Addict.

View all the reviews in one place instead of visiting each platform individually and use this information to decide if a show is worth pitching or not.

How do I access podcast episode transcripts for Exchanges?

Rephonic provides full transcripts for episodes of Exchanges. Search within each transcript for your keywords, whether they be topics, brands or people, and figure out if it's worth pitching as a guest or sponsor. You can even set-up alerts to get notified when your keywords are mentioned.

What guests have appeared on Exchanges?

Recent guests on Exchanges include:

1. Alex Blostein
2. Vivek Bantwal
3. Lloyd Blankfein
4. Kamakshya Trivedi
5. Anthony Gutman
6. Kunal Shah
7. Gabriela Borges
8. David Craver

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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