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Artwork for Exchanges

Exchanges

Goldman Sachs
Goldman Sachs
Inflation
Artificial Intelligence
US Economy
Tariffs
China
Private Equity
Interest Rates
Federal Reserve
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 weeklyEpisodes629Founded12 years ago
Number of ListenersCategory
Business

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Artwork for Exchanges

Latest Episodes

Ken Griffin, the founder and CEO of Citadel, expects agentic artificial intelligence (AI) to enable a “golden age” of entrepreneurship and eliminate some corporate moats, even as the cost of using AI creates a deep moat around other companies. And wh... more

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Rapid improvements in AI capabilities and growing corporate adoption have led to predictions that the technology could spark large-scale job losses before the end of the decade. Do these concerns have merit? MIT’s Daron Acemoglu and Neil Thompson, an... more

IPO activity has been on the rise in 2026. What does that tell us about investor sentiment, and what impact could the IPO boom have on US equities going forward? Ben Snider, chief US equity strategist in Goldman Sachs Research, shares his views on wh... more

Ben Silver and David Tykocinski, co-CIOs of Maverick Capital, say their investment strategy has, in some respects, been the same for three decades: Rather than trying to time the market, the firm aims to drive performance by taking a long-term view, ... more

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Recent Guests

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?
Joseph Briggs
Leads the global economics team in Goldman Sachs Research
Goldman Sachs
Episode: How Will AI Affect Jobs?
Ben Snider
Chief US Equity Strategist, Goldman Sachs Research
Goldman Sachs
Episode: What the IPO Boom Tells Us
Ben Silver
Co-CIO, Maverick Capital (public funds)
Maverick Capital
Episode: Maverick Capital Co-CIOs on Finding the AI Winners
David Tykocinski
Co-CIO, Maverick Capital (public funds)
Maverick Capital
Episode: Maverick Capital Co-CIOs on Finding the AI Winners
Michael Brandmeyer
Global Head and CIO of External Investing Group within Goldman Sachs Asset Management
Goldman Sachs Asset Management
Episode: Private Markets at an Inflection Point
Pete Lyon
Global Co-Head of the Capital Solutions Group within Global Banking and Markets at Goldman Sachs
Goldman Sachs
Episode: Private Markets at an Inflection Point
Jim Covello
Head of Global Equity Research
Goldman Sachs
Episode: The AI Investment Boom: When Will It Pay Off?

Host

Allison Nathan
Host of Goldman Sachs Exchanges; widely described as guiding conversations and extracting practical insights from senior financial professionals.

Reviews

4.5 out of 5 stars from 2.6k 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 States3 months ago
  • Your 2026 outlook is pathetic

    Just look around. Why the rosy propaganda? Garbage

    Apple Podcasts
    1
    Edxs
    Canada6 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 States7 months ago
  • Great as market sentiment trackers

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

    Apple Podcasts
    5
    rexchs
    United States8 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.

Listeners praise the host's questioning and the breadth of global coverage.
Guests are often industry leaders with practical, real-world experience.
Content is dense and highly valued by finance professionals seeking deeper analysis.
Audio quality varies; some episodes have challenging listening conditions.
Shows consistently delivers high-caliber guests and insightful market context.

Chart Rankings

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

Apple Podcasts
#175
United States/Business
Apple Podcasts
#51
United Kingdom/Business
Apple Podcasts
#97
Canada/Business
Apple Podcasts
#100
Australia/Business
Apple Podcasts
#124
France/Business
Apple Podcasts
#31
Hong Kong/Top Podcasts

Talking Points

Recent interactions between the hosts and their guests.

How Will AI Affect Jobs?
Q: What does the consensus among economists seem to be about the near-term impact of AI on the aggregate labor market?
The near-term aggregate data do not show a significant impact yet, but the expectation is that there will be some displacement and slower hiring in the near term, with more complex effects unfolding over a longer horizon, depending on investment focus and adoption pace.
How the US-Iran Deal Could Affect Oil Prices
Q: So, Daan, maybe you could start by just summarizing the impact this conflict has had on oil markets, and of course, in particular, the significance of this interim deal between the US and Iran.
The Russia-Ukraine style shock pushed prices up, but the market is now pricing in a recovery of flows from the Middle East and flexibility elsewhere. We expect flows to the Strait to recover, and demand losses to unwind over time, supporting a gradual price path with potential upside if the Strait does not reopen fully.
What the IPO Boom Tells Us
Q: Ben, what's driving the rebound in IPO activity and why now?
The rebound comes from a normalization after years of muted issuance, the presence of very large, capital-intensive entrants, and a strong AI investment theme that motivates companies to go public to fund growth. The macro environment—rates, valuations, and CEO confidence—also supports a healthier IPO pipeline.
The AI Investment Boom: When Will It Pay Off?
Q: What are the biggest blockers that could prevent a timely ROI for AI investments in larger organizations?
Data quality and interoperability, governance and control planes, and the cost of integrating new AI workloads with legacy systems are the main blockers; without addressing these, even strong AI capabilities won't translate into sustainable profits.
The AI Investment Boom: When Will It Pay Off?
Q: So Jim, given where we are, what marks would you look for to say the payback is finally materializing for the enterprise?
I'd look for clear, measurable improvements in productivity and cost savings that are tied to deployed AI workflows, near-term generation of revenue or margin uplift, and a data framework that allows results to be consistently tracked across functions, not just pilot projects.

Audience Metrics

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

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Gender Skew
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Frequently Asked Questions About Exchanges

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

This series centers on high-level finance, macro strategy, and market dynamics, often grounded in real-world asset allocation debates, liquidity design, and the impact of AI and geopolitics on portfolios. Guests are senior investors, policymakers, and researchers who dissect inflation, energy markets, private credit, and technology-driven shifts, with a strong emphasis on practical frameworks and risk management. A standout trait is the integration of rigorous, data-driven analysis from a top-tier financial institution, coupled with candid conversations about leadership, market structure, and long-horizon investing. Potential listeners will find clear takes on portfolio construction, the evolving role of AI in markets, and the interplay bet... more

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How many listeners does Exchanges get?

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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 12 years ago and published 629 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.

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What guests have appeared on Exchanges?

Recent guests on Exchanges include:

1. Daron Acemoglu
2. Neil Thompson
3. Joseph Briggs
4. Ben Snider
5. Ben Silver
6. David Tykocinski
7. Michael Brandmeyer
8. Pete Lyon

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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