How the Housing Sector Has Been Impacted by the Economic Slowdown
Exchanges21 Apr 2020

How the Housing Sector Has Been Impacted by the Economic Slowdown

In this episode, Terry Hagerty, co-head of homebuilding & building products investment banking for Goldman Sachs, discusses how COVID-19 has impacted the outlook for housing and the broader building products sector. Despite the severity of the current slowdown, Hagerty points to favorable demographic tailwinds as reasons to expect a return to industry growth into 2021. Additionally, Hagerty explains why the sector may be poised to rebound more quickly from this crisis than that of 2008, driven by more favorable supply/demand dynamics, consumers’ relatively strong financial position, and healthy corporate balance sheets. “When I look at the balance sheets and liquidity positions of my clients, both in home building and building products, it’s quite strong,” Hagerty says. “Most of them have access to the capital markets, given some of the Fed action that we’ve seen, and generally they’re all positioned to weather what could potentially be a very extended downturn. So the outlook today is much different than 2008.” Learn more about your ad choices. Visit megaphone.fm/adchoices

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How Inflation, Rates and Recession Are Reshaping the Real Estate Market

How Inflation, Rates and Recession Are Reshaping the Real Estate Market

While the real estate market has been a near sure-fire investment in recent years, rising rates, inflation and recession risks are reshaping the investment landscape. In the latest episode of Exchange...

6 Sep 202227min

Why We’re In a ‘Golden Age’ of Life Sciences Innovation

Why We’re In a ‘Golden Age’ of Life Sciences Innovation

The business of life sciences came into sharp focus after the pandemic highlighted the effectiveness of mRNA vaccines in protecting people against COVID. But what exactly is life sciences and is the r...

16 Aug 202221min

Food, Fuel, and the Cost-of-Living Crisis

Food, Fuel, and the Cost-of-Living Crisis

The recent decline in commodity prices has provided a rare respite for central banks trying to rein in high inflation. But are the energy and food crises afflicting the world actually easing? In the l...

9 Aug 202231min

Investing with Permira’s Tara Alhadeff

Investing with Permira’s Tara Alhadeff

In this episode of Exchanges at Goldman Sachs: Great Investors, Tara Alhadeff, partner at Permira, talks with Alison Mass, chairman of Goldman Sachs’ Investment Banking Division, about investing in ic...

5 Aug 202243min

Asianomics in America: Contributions and Challenges

Asianomics in America: Contributions and Challenges

The Asian American community has seen marked success in education, income and innovation but remains underrepresented in managerial and executive positions, according to new research from Goldman Sach...

2 Aug 202221min

Investing with Forerunner’s Eurie Kim

Investing with Forerunner’s Eurie Kim

In this episode of Exchanges at Goldman Sachs: Great Investors, Eurie Kim, Managing Partner at Forerunner Ventures, speaks with Goldman Sachs’ Katie Koch, Chief Investment Officer of Public Equity in ...

29 Juli 202250min

Small Business Owners Pivot from Challenges to Opportunities

Small Business Owners Pivot from Challenges to Opportunities

Small businesses are the life blood of the U.S. economy and the backbone of local communities , but the current economic environment is proving especially challenging. At last week’s 10,000 Small Busi...

26 Juli 202227min

Investing with Oaktree Capital Management’s Howard Marks

Investing with Oaktree Capital Management’s Howard Marks

In this episode of Exchanges at Goldman Sachs: Great Investors, Howard Marks, Co-Chairman of Oaktree Capital Management, speaks with Goldman Sachs’ Katie Koch, Chief Investment Officer of Public Equit...

22 Juli 202221min

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