Wall Street thinks tax reform will give a huge boost to one crucial area of the market
|01/28/2018||Posted by BusinessMediaguide.Com under General World News||
- Firms across Wall Street are forecasting a pick-up in M&A activity this year.
- Many of them — most recently Morgan Stanley — cite the positive benefits of tax reform as helping to catalyze deals.
- It could be a boon for the longevity of the market’s current rally, given the historical importance of corporate consolidation.
Lost amid the shuffle of the seemingly unstoppable stock market has been a slowdown in corporate mergers.
The pace of M&A activity weakened in the fourth quarter of 2017, while full-year deal volume lagged what was seen in 2016, according to Morgan Stanley.
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