Outlook for M&A in 2024

The podcast discusses the trends and outlook for M&A activity in the coming year. It mentions that the first half of 2023 had a slow start, but there was a pickup in the second half. However, overall M&A activity globally is expected to be down compared to 2022. The US market is likely to be down about 8-9% this year. The podcast also highlights the impact of the upcoming US election in 2024 and the potential slowdown in the second half of the year. Despite the challenges, there is a level of comfort and confidence among clients in operating in this environment. The podcast also delves into the macroeconomic picture and discusses the expectations of rate cuts by the Federal Reserve. The speakers emphasize the importance of confidence in executing M&A transactions and the need for CEOs and boards to have a good view of the macroeconomic outlook. Overall, there is optimism for M&A activity in the first half of 2024, with corporates expected to lead the way and private equity also being active.