News of a faltering credit environment persists, but fundamentals still appear conducive to a robust cash-based M&A market. This week's equity sell-off is likely normal turbulence and not a harbinger of a credit crunch, or a new bear market.
Meaningful bullish news emerged from just about all corners of the economy today. Remember talk just six months ago about a recession? Hard landings? Soft landings? Those stories seem to be a thing of the past.
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