Corporate credit concerns

FromGoldman Sachs Exchanges

Start listening View podcast show

Corporate credit concerns

FromGoldman Sachs Exchanges

ratings:

Length:

23 minutes

Released:

Aug 15, 2023

Format:

Podcast episode

Description

Higher interest rates are making it more expensive for companies to borrow money. So what could that mean for the health of corporate America? Saba Capital Management’s Boaz Weinstein, founder and CIO, and Goldman Sachs’ Lotfi Karoui, chief credit strategist, discuss the outlook for U.S. credit markets. This episode of Goldman Sachs Exchanges is based on Goldman Sachs Research’s latest Top of Mind report.

Released:

Aug 15, 2023

Format:

Podcast episode

Titles in the series (100)

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

Skip carousel

The Future of the US-China Economic Relationship: An exchange on the US-China investment relationship by Goldman Sachs Exchanges
26 min listen
Flat is the New Up: An exchange on a new expectations for global markets by Goldman Sachs Exchanges
27 min listen
Oil: Lower for Even Longer: An exchange on global commodity markets by Goldman Sachs Exchanges
23 min listen
The Global Growth Landscape: An exchange on developments influencing global growth by Goldman Sachs Exchanges
18 min listen
Artificial Intelligence: The Next Wave of Disruption: An exchange on the economic potential of Growth Markets around the world by Goldman Sachs Exchanges
18 min listen
Revitalizing Communities Through Impact Investing: An exchange on impact investing by Goldman Sachs Exchanges
19 min listen
A Revolution in Cancer Treatment: An exchange on some of the latest developments in healthcare by Goldman Sachs Exchanges
13 min listen
Whenever, Wherever: The New Model for Retail: An exchange on the consumer retail sector by Goldman Sachs Exchanges
17 min listen
The State of the Markets: Gary Cohn on Interest Rates, Liquidity and Risk Management: An exchange with our president and chief operating officer by Goldman Sachs Exchanges
25 min listen
The UK Macro Environment: An exchange on the growth outlook in the UK by Goldman Sachs Exchanges
13 min listen
Charting the Course for a Stronger South Africa: An exchange on South Africa and the broader region by Goldman Sachs Exchanges
24 min listen
Cord Cutting Goes Prime Time: An exchange on the way we watch by Goldman Sachs Exchanges
25 min listen
Planes, Brains and Automobiles: The Future of Innovation: An exchange on industry-disrupting innovations by Goldman Sachs Exchanges
19 min listen
A Conversation with Lloyd Blankfein: An exchange on key themes for the global economy by Goldman Sachs Exchanges
30 min listen
Global Equity Markets in Flux: An exchange with our president and chief operating officer by Goldman Sachs Exchanges
22 min listen
Rhetoric Meets Reality in Washington: The Trump agenda and the pace of policy. by Goldman Sachs Exchanges
31 min listen
"Fat and Flat" and the Market Path from Here: An exchange on equity markets by Goldman Sachs Exchanges
27 min listen
The Evolution of the 'Long Good Buy': An exchange on global equity markets by Goldman Sachs Exchanges
20 min listen
The Business Case for Climate Action: An exchange on the Paris climate agreement and turning global urgency into action by Goldman Sachs Exchanges
27 min listen
Billion Dollar Babies: Virtual Reality and the Shift to Cloud: An exchange on virtual reality and the cloud by Goldman Sachs Exchanges
23 min listen
Brittle Markets: The Risks from Falling Liquidity: An exchange on market liquidity by Goldman Sachs Exchanges
26 min listen
The Future of Finance: An exchange on the way we pay, lend and bank by Goldman Sachs Exchanges
30 min listen
China, Trump and Asia's Shifting Trade Order: What Trump means for Asia by Goldman Sachs Exchanges
23 min listen
Beyond the Fed Hike: The Business of Banking in 2016: An exchange on key trends for US banks by Goldman Sachs Exchanges
22 min listen
Niche No Longer: ESG Investing Goes Mainstream: An exchange on ESG investing by Goldman Sachs Exchanges
29 min listen
Mutant Mosquitoes, 'Peak Stuff' and the Shifting Currents of Innovation: An exchange on the sharing economy, drones and more by Goldman Sachs Exchanges
20 min listen
'Peak Momentum' and a New Phase for Asian Stocks: Goldman Sachs Research's top equity strategist in Asia Pacific on investing in China by Goldman Sachs Exchanges
28 min listen
Taxes, Trade and More in a Trump Presidency: On the economic agenda of America's next president by Goldman Sachs Exchanges
38 min listen
Narrowing the Jobs Gap: An exchange on technology and work by Goldman Sachs Exchanges
29 min listen
The Digitization of Finance: An exchange on tech and finance by Goldman Sachs Exchanges
27 min listen

More Episodes from Goldman Sachs Exchanges

Skip carousel

Why Treasury auctions — and rising deficits — are becoming a focal point for markets and investors by Goldman Sachs Exchanges
23 min listen
Weighing the GLP-1 Market by Goldman Sachs Exchanges
24 min listen
Are inflation fears overblown? The outlook for inflation, US growth, and long-term rates by Goldman Sachs Exchanges
22 min listen
Global insurers turn to private credit — and AI by Goldman Sachs Exchanges
20 min listen
Capital Group’s Rob Lovelace on long-term investing, succession planning, and leadership lessons by Goldman Sachs Exchanges
43 min listen
Are the largest US stocks too dominant? by Goldman Sachs Exchanges
19 min listen
Global transit & trade: in rough waters by Goldman Sachs Exchanges
33 min listen
High mortgage rates, limited inventory continue to challenge the US housing market by Goldman Sachs Exchanges
21 min listen
What’s ahead for retail: how retail CEOs are navigating a more complex environment by Goldman Sachs Exchanges
37 min listen
Beyond roads, bridges, and tunnels: the megatrends shaping infrastructure investments by Goldman Sachs Exchanges
24 min listen
Dimensional’s Founder and Chairman David Booth on being an index pioneer, working with Nobel laureates, and investing through uncertainty by Goldman Sachs Exchanges
36 min listen
Shifting supply and demand dynamics buffer oil market by Goldman Sachs Exchanges
21 min listen
2024: the year of elections by Goldman Sachs Exchanges
26 min listen
Investing in a post-modern ‘super cycle’ by Goldman Sachs Exchanges
23 min listen
The Future of Four Wheels: Episode 4, How a New Kind of Car Will Change Our World by Goldman Sachs Exchanges
29 min listen
The Future of Four Wheels: Episode 3, The New New-Car Business by Goldman Sachs Exchanges
35 min listen
The Future of Four Wheels: Episode 2, Building the Car of the Future by Goldman Sachs Exchanges
29 min listen
The Future of Four Wheels: Episode 1, The Twin Revolution by Goldman Sachs Exchanges
26 min listen
Goldman Sachs Chairman and CEO David Solomon on the global economy, the deal-making environment, and the firm’s strategic priorities by Goldman Sachs Exchanges
20 min listen
America Powers On: Why US equities are still poised to outperform in 2024 by Goldman Sachs Exchanges
22 min listen
US presidential elections outlook: Implications for policy and markets by Goldman Sachs Exchanges
27 min listen
KKR’s Henry Kravis on private equity, culture, and global markets by Goldman Sachs Exchanges
54 min listen
Uncharted territory: Navigating a ‘geopolitical recession’ by Goldman Sachs Exchanges
35 min listen
Asset allocation outlook: The case for greater portfolio diversification in 2024 by Goldman Sachs Exchanges
33 min listen
Focus on financials: Why banks and asset managers are constructive about the economy in 2024 by Goldman Sachs Exchanges
28 min listen
Middle East risks by Goldman Sachs Exchanges
26 min listen
M&A in 2024: Navigating opportunities and challenges by Goldman Sachs Exchanges
20 min listen
Blackstone’s Kathleen McCarthy on the forces shaping the real estate industry by Goldman Sachs Exchanges
52 min listen
What China’s struggling property sector means for the global economy and markets by Goldman Sachs Exchanges
28 min listen
What’s the outlook for deal-making, corporate and investor sentiment, and markets? by Goldman Sachs Exchanges
36 min listen

Related podcast episodes

Skip carousel

Rodgin Cohen on Crypto, Capital and M&A Challenges: H. Rodgin Cohen, the senior chair of Sullivan & Cromwell and the country’s preeminent bank lawyers, talks about how heightened regulatory scrutiny of M&A is impacting the industry, whether some banks are “too big to manage,” the Fed’s... by Banking with Interest
44 min listen
Bloomberg Wall Street Week - August 25th, 2023 by Wall Street Week
35 min listen
Making sense of banking sector turmoil: Capital Group equity portfolio manager Will Robbins discusses the recent bank failures in the U.S. and offers his views on how investors can navigate near-term market volatility. A former banking analyst, Robbins also shares his perspective from past... by Capital Ideas Investing Podcast
15 min listen
Surveillance: Future of Hong Kong with Winters by Bloomberg Surveillance
28 min listen
The impact of bank failures on markets and the economy by Goldman Sachs Exchanges
25 min listen
Blowing Up the Boardroom: The traditional makeup of corporate boards is under fire, and diversity mandates are coming from all sides — from Goldman Sachs to the state of California. But are these mandates enough, or is it time to change the way we think about board appointments from the ground up? Carolyn and Lindsay are joined by economist Dambisa Moyo, author of How Boards Work, who sheds light on what she thinks is the ideal board makeup for today’s ever-changing global economy. Later in the episode, Asahi Pompey, Global Head of Corporate Engagement and President of the Goldman Sachs Foundation, gives Carolyn and Lindsay insight on Goldman’s groundbreaking board diversity mandate — and how easy it should be for companies to meet that bar. by The New Rules of Business
39 min listen
Sustainability, Justice, & Diversity: A Recipe For Successful Business by Schwab Network
9 min listen
Bloomberg Wall Street Week - May 26, 2023 by Wall Street Week
35 min listen
Big Bank Stocks Momentum After Q1 Earnings Results by Schwab Network
6 min listen
Bloomberg Wall Street Week - June 9th 2023 by Wall Street Week
33 min listen
Surveillance: Elevated Risks with Wilson by Bloomberg Surveillance
36 min listen
Pardon The Interruption: The Banking Policy Edition: Polite disagreement is overrated. Richard Hunt, the former CEO of the Consumer Bankers Association, and Jaret Seiberg, a top bank analyst with Cowen Washington Research Group, spar (and sometimes agree) over several critical topics in financial... by Banking with Interest
50 min listen
Focus On The Financials: GS, BAC, C by Schwab Network
7 min listen
Surveillance: Rising Rates With Dudley & Lacker by Bloomberg Surveillance
37 min listen
Bloomberg Wall Street Week - May 19th, 2023 by Wall Street Week
34 min listen
MONEY REIMAGINED: The Pandora Papers, Fed’s Leadership Crisis and the Future of Money by CoinDesk Reports
46 min listen
StanChart pushes for a settlement: This week the banking team is joined by Anousha Sakoui, the FT’s M&A correspondent, to discuss the latest developments in the Standard Chartered scandal, as the bank pushes for a settlement against allegations from US regulators that it breached Ir... by FT Banking Weekly
1 min listen
Kathy Jones on Inflation: ‘The Worst Is Behind Us’: Charles Schwab’s chief fixed-income strategist on the interest-rate picture, the jobs market, the recession outlook, housing, and more. by The Long View
53 min listen
The $64 Billion Hidden Debt Hazard; SoftBank Focus by The Credit Edge by Bloomberg Intelligence
28 min listen
Bloomberg Wall Street Week: Marks, Beschloss, Chavez by Wall Street Week
32 min listen
Bloomberg Wall Street Week: Hubbard, Zell, Rieder by Wall Street Week
32 min listen
Surveillance: Tech Testimony With Square's McKelvey by Bloomberg Surveillance
35 min listen
Surveillance: Rolling W's Recovery Likely, Sonders Says by Bloomberg Surveillance
34 min listen
Debate Over the GDP - Time for a New Indicator of US Economic Growth?: with Wharton Prof Jeremy Siegel and Philadelphia Fed's Leonard Nakamura by Wharton Business Daily
53 min listen
Jackie Reses: The Great Resignation is Causing People to Start New Businesses at Record Numbers: Reses talks about the state of small business and why she and her co-author created their new guide, Self-Made Boss by Wharton Business Daily
19 min listen
Bloomberg Wall Street Week April 21st, 2023 by Wall Street Week
34 min listen
Jobs, Gun Sales and the Silicon Valley Bank Failure 03/10/23: Job creation decelerated in February but was still stronger than expected despite the Federal Reserve’s efforts to slow the economy and bring down inflation. Jason Furman, professor at the Harvard Kennedy School of Government and former CEA chair, discussed the latest job report and what we should expect from the Fed regarding rake hikes, and more. SVB Financial, parent of Silicon Valley Bank, was unable to find a buyer before a bank run caused regulators to shut it down. SVB was trying to find a buyer and hired advisors to do so after attempts by the bank to raise capital failed. Priscilla Sims Brown, Amalgamated Bank CEO, discussed the company’s effort spearheading a merchant category code for gun stores, afer major credit card companies paused the effort. In this episode: Priscilla Sims Brown, @AmalgamatedBank Rick Santelli, @SantelliRants Jason Furman, @jasonfurman Hugh Son, @Hugh_Son Andrew Ross Sorkin, @andrewrsorkin by Squawk Pod
24 min listen
The Boom in Private Credit by Goldman Sachs Exchanges
26 min listen
Amanda Lynam, Head of Macro Credit Research, Portfolio Management Group, Private Markets, BlackRock: As head of Macro Credit Research within Private Markets at BlackRock, Amanda Lynam is responsible for assessing how the broad picture of risk impacts credit markets and the securities within them. In doing so, she marries the top down with an understanding of company fundamentals, a skillset developed during her time in a sell-side research role focused on the insurance and healthcare sectors. Our discussion takes stock of the current opportunity set in corporate credit, exploring Amanda's process for finding value amidst an environment of middling credit spreads, but high all-in yields. As most of the heavy lifting is currently being done by the risk-free component, her team sees this continuing, with a view that the bar is high for Fed rate cuts well into 2024. Expecting a higher cost of capital to prevail for some time, Amanda expects more dispersion of returns across issuers in cre by Alpha Exchange
63 min listen
Chuck Bath: The Evolution of a Value Investor: The noted Diamond Hill manager discusses the shorter durations of competitive advantages, how low inflation has curbed firms' pricing power, and what he considers to be the market's 'sweet spot.' by The Long View
46 min listen

Discover this podcast and so much more

Corporate credit concerns

Corporate credit concerns

Description

Titles in the series (100)

More Episodes from Goldman Sachs Exchanges

Related podcast episodes