Why Technology is Not a Bubble
Exchanges7 Elo 2018

Why Technology is Not a Bubble

Is there a bubble in technology? Goldman Sachs Research's Peter Oppenheimer doesn't think so. Despite the recent stumbles in some of tech's biggest names, the sector continues to dominate global stock indexes. "The thing that's really set apart [today's] technology revolution as we're seeing it expressed in the stock market since the financial crisis is that these companies have been very successful," says Oppenheimer. "They've been very dominant in terms of returns, but they've also been extraordinarily successful in terms of their earnings power, and their valuations have not become that extreme." Oppenheimer draws attention to just how large the tech sector has become by comparing tech companies' valuations to country GDPs and discusses the challenges facing today's most dominant players. This podcast was recorded on July 19, 2018. All price references and market forecasts correspond to the date of this recording. This podcast should not be copied, distributed, published or reproduced, in whole or in part. The information contained in this podcast does not constitute research or a recommendation from any Goldman Sachs entity to the listener. Neither Goldman Sachs nor any of its affiliates makes any representation or warranty, as to the accuracy or completeness of the statements or any information contained in this podcast and any liability therefor (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed. The views expressed in this podcast are not necessarily those of Goldman Sachs, and Goldman Sachs is not providing any financial, economic, legal, accounting or tax advice or recommendations in this podcast. In addition, the receipt of this podcast by any listener is not to be taken as constituting the giving of investment advice by Goldman Sachs to that listener, nor to constitute such person a client of any Goldman Sachs entity. Copyright 2018 Goldman Sachs & Co. LLC. All rights reserved. Learn more about your ad choices. Visit megaphone.fm/adchoices

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What’s Next for M&A

What’s Next for M&A

The record wave of M&A activity that we witnessed in 2021 is showing no signs of slowing as we turn the page on a new year. Goldman Sachs’ Stephan Feldgoise and Mark Sorrell, co-heads of the global mergers and acquisition business in the Investment Banking Division, explain the drivers behind the deal-making activity and the outlook for 2022.  Learn more about your ad choices. Visit megaphone.fm/adchoices

4 Tammi 202223min

Accelerating Transition: Market Tools for ESG

Accelerating Transition: Market Tools for ESG

In part 5 of our special miniseries, host Kara Mangone talks to Sarah Lawlor, Chief Operating Officer of the Sustainable Solutions Council in the Global Markets Division about the tools available to ESG investors and how they can find and access opportunities in a Net Zero future. Learn more about your ad choices. Visit megaphone.fm/adchoices

28 Joulu 202127min

Investing in Climate Change 2.0

Investing in Climate Change 2.0

Despite mixed progress on global climate action at COP26, a key takeaway emerged: the private sector is stepping up to tackle climate change. In this episode, experts from former Bank of England Governor Mark Carney to Engine No. 1’s founder Chris James debate the role—and effectiveness—of the private sector in driving change.  Learn more about your ad choices. Visit megaphone.fm/adchoices

21 Joulu 202130min

Redefining the Retirement Landscape

Redefining the Retirement Landscape

Retirement expectations in the wake of COVID-19 are evolving and may be at odds with reality, according to the inaugural Retirement Survey & Insights Report from Goldman Sachs Asset Management.  Learn more about your ad choices. Visit megaphone.fm/adchoices

14 Joulu 202117min

Accelerating Transition: Public-Private Partnerships

Accelerating Transition: Public-Private Partnerships

In part 4 of our special miniseries, host Kara Mangone talks to John Greenwood of our Investment Banking Division and Ahmed Saeed of the Asian Development Bank on the role public-private partnerships will play in the drive to Net Zero. Learn more about your ad choices. Visit megaphone.fm/adchoices

10 Joulu 202143min

What India’s Digital Transformation Means for Markets, Investors and Economic Growth

What India’s Digital Transformation Means for Markets, Investors and Economic Growth

India’s digital transformation is driving a surge in tech IPOs that is reshaping its markets and economy. Goldman Sachs Research’s Tim Moe, Sunil Koul and Santanu Sengupta explain the drivers that are powering economic growth and markets, fueling IPOs and creating emerging investment opportunities.  Learn more about your ad choices. Visit megaphone.fm/adchoices

7 Joulu 202122min

Accelerating Transition: Nature Based Solutions

Accelerating Transition: Nature Based Solutions

In part 3 of our special miniseries, host Kara Mangone explores nature based solutions in sustainable finance with Peter Kelly and Lisa Williams of GS' Asset Management Division. Learn more about your ad choices. Visit megaphone.fm/adchoices

2 Joulu 202118min

What’s Ahead for Global Economies and Markets in 2022?

What’s Ahead for Global Economies and Markets in 2022?

Global economies and markets are facing a more complicated landscape amid rising rates, slowing growth and shifting monetary and fiscal policies. Goldman Sachs’ Jan Hatzius and Dominic Wilson examine what’s in store for 2022. Dates Recorded: November 23rd and 29th, 2021. Learn more about your ad choices. Visit megaphone.fm/adchoices

30 Marras 202133min

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