Welcome to another episode of Goldman Sachs Exchanges, great investors.

I'm Alison Mass, chairman of investment banking in Goldman Sachs' global banking and markets,

and your host for today's episode.

I'm thrilled to be joined by David Gross, co-managing partner of Bain Capital.

Bain Capital is one of the most prominent private investment firms in existence, with about

$185 billion in assets under management. David is a founding member of Bain Capital's Asia

business, and he's been the driving force behind some of the largest and most consequential

private investments in Asia. I'm excited to hear David's views about the

global market for private investment. So, David, thank you for joining us. Great. To be here,

thanks for having me, Allison. So we are picking a very interesting time to record this podcast.

There are real questions about the outlook for the global economy, which provides

an investment firm like yours, like Bain Capital, which has a global portfolio, a unique

perspective. So before we get into that, I'd love to spend some time on your views about the

macro landscape globally. And I'll put you on the spot and ask you, are there countries or asset classes

that you think are particularly well situated

or particularly at risk in this very moment?

Sure. I mean, the answer is yes.

We continue to think a lot of sectors of the United States

are going to have significant tailwinds

because there's been a lot of savings, a lot of sectors of the United States are going to have significant tailwinds because there's

been a lot of savings, a lot of capacity to spend significant government intervention in the

economy to drive stimulus. That will be a positive for manufacturing businesses and other ways

...