Quick weekend research note:
Global M&A activity YTD now at $2.8T — up 46% y/y and the highest level since tracking began in 1980. We're on pace for $4T full year.
48% of deals are $5B+ in size, signaling serious strategic consolidation and capital deployment at scale.
Meanwhile, corporate buybacks are tracking toward $1.3T for the full year.
This level of M&A and buyback activity reflects strong balance sheets, CEO confidence, and a constructive view on valuations. Both are powerful technical tailwinds for equities — especially in sectors seeing the most deal flow.
Global M&A activity YTD now at $2.8T — up 46% y/y and the highest level since tracking began in 1980. We're on pace for $4T full year.
48% of deals are $5B+ in size, signaling serious strategic consolidation and capital deployment at scale.
Meanwhile, corporate buybacks are tracking toward $1.3T for the full year.
This level of M&A and buyback activity reflects strong balance sheets, CEO confidence, and a constructive view on valuations. Both are powerful technical tailwinds for equities — especially in sectors seeing the most deal flow.