Wall Street is betting corporate dealmaking could bounce back next year if the new Trump administration ushers in lower interest rates and looser regulatory scrutiny.
The number of deals and their value are both below pre-pandemic levels. In the U.S. deal values fell 23% in 2023 from just before the pandemic, while the number of deals slumped 20%. The current year is on track for and even deeper slump, according to Dealogic.
