Innovation and Inflation: Twin Forces Reshaping Portfolios

Innovation and Inflation: Twin Forces Reshaping Portfolios

From Exchanges by Goldman Sachs

May 13, 2026 · 20 min

About this episode

The episode discusses the impact of innovation and inflation on portfolio construction with insights from Goldman Sachs experts.

Technology stocks have staged a formidable rally, elevating innovation from a thematic tilt to a core portfolio driver. Yet this tailwind arrives alongside a recurring challenge — an inflationary environment in which traditional fixed-income hedges have fallen short. Together, these forces are pushing asset allocators toward a fundamental rethink of portfolio construction, as Goldman Sachs' Christian Mueller-Glissmann and Alexandra Wilson-Elizondo discuss on Goldman Sachs Exchanges. Date of recording: May 7, 2026. The opinions and views expressed herein are as of the date of publication, subject to change without notice, and may not necessarily reflect the institutional views of Goldman Sachs or its affiliates. The material provided is intended for informational purposes only, and does not constitute investment advice, a recommendation from any Goldman Sachs entity to take any particular action, or an offer or solicitation to purchase or sell any securities or financial products. This material may contain forward-looking statements. Past performance is not indicative of future results. Neither Goldman Sachs nor any of its affiliates make any representations or warranties, express…

People in this episode

Guests: Christian Mueller-Glissmann, Alexandra Wilson-Elizondo

Topics covered

  • innovation
  • inflation
  • portfolio construction
  • technology stocks
  • asset allocation

Keywords

  • technology stocks
  • inflation
  • portfolio driver
  • asset allocators
  • fixed-income hedges

Mentioned in this episode

Organizations: Goldman Sachs

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