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Artwork for Exchanges

Exchanges

Goldman Sachs
Goldman Sachs
Inflation
Artificial Intelligence
US Economy
Tariffs
China
Private Equity
Federal Reserve
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 weeklyEpisodes632Founded12 years ago
Number of ListenersCategory
Business

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Artwork for Exchanges

Latest Episodes

US IPO issuance has surged to a record high in 2026. But this resurgence raises two concerns for the equity market: whether it is flashing a late-cycle warning sign and whether the market can digest so much new issuance. Jay Ritter of The IPO Initiat... more

YouTube

As a newly installed chairman takes the helm of the Federal Reserve, US monetary policy remains uncertain amid a soft inflation print and escalating tensions in the Middle East. David Mericle, chief US economist in Goldman Sachs Research, forecasts t... more

YouTube

Falling launch costs, innovations, and AI are fuelling a space economy that could reach $1 trillion by the 2040s, according to Michael Tarulli and Erik Sparks in Goldman Sachs Investment Banking. The key driver: launch costs have plunged sharply, ope... more

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

YouTube

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Recent Guests

Ken Griffin
Founder and CEO of Citadel
Citadel
Episode: Ken Griffin on US-China Tensions and AI
Neil Thompson
Lead in Goldman Sachs Research economics team
Goldman Sachs
Episode: How Will AI Affect Jobs?
Daron Acemoglu
MIT economist
Massachusetts Institute of Technology
Episode: How Will AI Affect Jobs?
Ben Snider
Chief US Equity Strategist, Goldman Sachs Research
Goldman Sachs
Episode: What the IPO Boom Tells Us
David Tykocinski
Co-CIO, Maverick Capital (public funds)
Maverick Capital
Episode: Maverick Capital Co-CIOs on Finding the AI Winners
Ben Silver
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 States4 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 States9 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
#89
United Kingdom/Business
Apple Podcasts
#198
Canada/Business
Apple Podcasts
#119
France/Business
Apple Podcasts
#125
Italy/Business
Apple Podcasts
#208
Germany/Business
Apple Podcasts
#211
Australia/Business

Talking Points

Recent interactions between the hosts and their guests.

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.
US Midyear Outlook: Geopolitical Shocks, the New Fed Era, and Growth
Q: What about the performance of the US economy has gone as expected, and what has surprised you the most?
Overall, nothing has gone exactly as expected; the major surprise has been the labor market's rebound and resilience despite shocks, while inflation has remained more persistent than anticipated due to war effects and AI-related demand mismeasurement.
Ken Griffin on US-China Tensions and AI
Q: How should investors think about hedging and stress-testing in a world of accelerating AI adoption?
He emphasizes defining worst-case tolerable losses, continuous monitoring of exposures, and maintaining strategic flexibility to adapt to rapid AI-driven productivity and market changes.
Ken Griffin on US-China Tensions and AI
Q: What are the key leadership decisions that helped Citadel navigate recent crises and maintain talent?
Griffin highlights early return-to-office as a core leadership move, strong collaboration with government initiatives, and a focused emphasis on human capital development as pivotal to resilience and long-term value creation.
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.

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?

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 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 632 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.

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What guests have appeared on Exchanges?

Recent guests on Exchanges include:

1. Ken Griffin
2. Neil Thompson
3. Daron Acemoglu
4. Ben Snider
5. David Tykocinski
6. Ben Silver
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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