Rephonic
Artwork for Exchanges

Exchanges

Goldman Sachs
Goldman Sachs
Inflation
Artificial Intelligence
US Economy
Tariffs
China
Federal Reserve
Private Equity
Interest Rates
Private Credit
United States
Labor Market
U.S. Economy
Recession
Housing Market
Europe
Asset Management
Goldman Sachs Research
Economic Growth
Global Economy

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

PublishesTwice weeklyEpisodes637Founded12 years ago
Number of ListenersCategory
Business

Listen to this Podcast

Artwork for Exchanges

Latest Episodes

Key takeaways:

• The "demo versus product" gap:  An AI demo is judged on its best day, but an institutional-grade product is judged on its worst. Building reliable financial tools requires rigorous, auditable grounding frameworks to avoid hallucin... more

Jean Hynes, CEO of Wellington Management, has more than 35 years of experience at the firm. But she spends most of her time looking ahead, trying to envision what the world might look like in a decade and building portfolios around nascent opportunit... more

YouTube

The US and Japan coordinated on the biggest currency market intervention in 15 years, helping to stabilize a weakening yen. Karen Fishman, senior FX strategist in Goldman Sachs Research, and Praneet Shah, global head of FX options trading in Global B... more

YouTube

Goldman Sachs President John Waldron speaks with Steven Tananbaum, CIO of GoldenTree Asset Management, about how GoldenTree became a credit-focused asset manager overseeing $70 billion. They discuss how credit markets have evolved during Tananbaum’s ... more

YouTube

Key Facts

Accepts Guests
Contact Information
Podcast Host
Number of Listeners
Find out how many people listen to this podcast per episode and each month.

Similar Podcasts

People also subscribe to these shows.

The Markets
The MarketsGoldman Sachs
Making Sense
Making SenseJ.P. Morgan
UBS On-Air: Market Moves
UBS On-Air: Market MovesClient Strategy Office
At Any Rate
At Any RateJ.P. Morgan Global Research

Recent Guests

Karen Fishman
Goldman Sachs Research currency strategist
Goldman Sachs
Episode: What the US-Japan Currency Intervention Means for the Yen, Rates, and the Dollar
Praneet Shah
Head of foreign exchange options trading
Goldman Sachs
Episode: What the US-Japan Currency Intervention Means for the Yen, Rates, and the Dollar
Steve Tananbaum
Founder and Chief Investment Officer, GoldenTree Asset Management
GoldenTree Asset Management
Episode: Steven Tananbaum: The Evolution of Credit Investing and AI Opportunities
Zach Ablon
On the front lines of Credit Sales Desk in Global Banking & Markets
Goldman Sachs
Episode: How AI Debt Is Reshaping Credit Markets
Owen Lamont
Portfolio manager at Acadian Asset Management
Acadian Asset Management
Episode: What the Surge in IPOs Means for Investors
Jay Ritter
Professor at University of Florida, Warrington College of Business
University of Florida
Episode: What the Surge in IPOs Means for Investors
Ken Griffin
Founder and CEO of Citadel
Citadel
Episode: Ken Griffin on US-China Tensions and AI
Daron Acemoglu
MIT economist
Massachusetts Institute of Technology
Episode: How Will AI Affect Jobs?
Neil Thompson
Lead in Goldman Sachs Research economics team
Goldman Sachs
Episode: How Will AI Affect Jobs?

Host

Allison Nathan
Host of Exchanges

Reviews

4.5 out of 5 stars from 2.7k ratings
  • Partially informative

    This is an OK show, but not great because guests get mildly challenged at most, if any.

    Apple Podcasts
    3
    xyz135711
    United States5 months ago
  • Your 2026 outlook is pathetic

    Just look around. Why the rosy propaganda? Garbage

    Apple Podcasts
    1
    Edxs
    Canada7 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 States8 months ago
  • Great as market sentiment trackers

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

    Apple Podcasts
    5
    rexchs
    United States10 months ago
  • GS Exchanges: Great Investors

    Wonderful interviews from Allison Mass and guests.

    Apple Podcasts
    5
    Frederick Aryeetey
    United Statesa year ago

Listeners Say

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

Feedback notes strong value as a market sentiment and macro analysis tracker.
Hosts are praised for thoughtful questions and strong industry knowledge.
Listeners appreciate high-signal guests and global market perspectives.
Some episodes are criticized for audio quality and guests being too technical for casual listeners.
A few reviews call for more challenging questions and clearer audio.

Chart Rankings

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

Apple Podcasts
#203
United States/Business
Apple Podcasts
#91
United Kingdom/Business
Apple Podcasts
#114
Canada/Business
Apple Podcasts
#159
Germany/Business
Apple Podcasts
#161
Italy/Business
Apple Podcasts
#182
Australia/Business

Talking Points

Recent interactions between the hosts and their guests.

What the Surge in IPOs Means for Investors
Q: How do IPOs tend to perform during waves and what should investors do?
On average, IPOs underperform after listing for the first few years, especially if launched during waves; better performance is seen for larger companies with substantial revenue, and investors are advised to be selective, wait before buying, and monitor the broader issuance context.
What the Surge in IPOs Means for Investors
Q: So is that a reason to worry?
The guests suggest that while there is historical evidence linking high new-issue volumes to lower future returns, the relationship is not deterministic; the market could absorb issuance if valuations and buyback dynamics remain supportive, and investors should be cautious but not overly alarmed.
How AI Debt Is Reshaping Credit Markets
Q: What drives investor demand and how is it evolving as AI debt issues grow?
Investor demand has shown signs of indigestion as AI-related issuances expand, with changes in the insurance community and other buyers affecting order books and price stability; over time, demand may shift as market participants reassess duration, concentration, and cross-market hedging of AI exposure.
How AI Debt Is Reshaping Credit Markets
Q: Amanda, why is AI-related debt considered the dominant theme in the credit markets right now?
Because hyperscalers are cash-rich and have significant, multi-year capex needs that surpass their immediate cash flow, driving issuances across debt and other instruments to preload capital for expansive AI investments; this creates a sizable, concentrated supply that the debt markets can absorb over time, reshaping investor exposure and market dynamics.
US Midyear Outlook: Geopolitical Shocks, the New Fed Era, and Growth
Q: What should investors make of the Fed's stance given softer inflation data and hawkish debates among policymakers?
The expectation is that the Fed will likely hold at the July meeting, with a path that could include gradual rate cuts later if inflation continues to soften and the shocks fade; communication and forward guidance will be closely watched.

Audience Metrics

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

Listeners per Episode
Gender Skew
Location
Interests
Professions
Age Range
Household Income
Social Media Reach

Frequently Asked Questions About Exchanges

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

Audiences get in-depth discussions with top financial thinkers about macro trends, credit markets, AI implications for investing, and energy and geopolitics. Episodes frequently center on how technology, policy, and market structure reshape opportunity in equities, private markets, and debt, with practical takeaways for investors and corporate strategists. A standout is the steady stream of high-signal guests from leading banks, asset managers, and academia, offering rigorous analysis, scenario planning, and real-world case studies. The show tends to blend consequential market themes (AI, IPOs, oil, private markets) with cross-asset perspectives, making it valuable for listeners who want to understand how big-picture shifts translate into p... more

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?

Rephonic provides a full set of podcast information for four million podcasts, including the number of listeners. View further listenership figures for Exchanges, including podcast download numbers and subscriber numbers, so you can make better decisions about which podcasts to sponsor or be a guest on. You will need to upgrade your account to access this premium data.

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. Making Sense
4. UBS On-Air: Market Moves
5. At Any Rate

How many episodes of Exchanges are there?

Exchanges launched 12 years ago and published 637 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. Karen Fishman
2. Praneet Shah
3. Steve Tananbaum
4. Zach Ablon
5. Owen Lamont
6. Jay Ritter
7. Ken Griffin
8. Daron Acemoglu

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.

Find and pitch the right podcasts

We help savvy brands, marketers and PR professionals to find the right podcasts for any topic or niche. Get the data and contacts you need to pitch podcasts at scale and turn listeners into customers.
Try it free for 7 days