A Strong Dollar Could Save a Horrid M&A Environment
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It's been a shrinking cosmos for Wall Street masters of the universe, with M&A activity in the US plunging a heart-stopping 40% so far in 2022. But bankers are optimistic that a strong dollar and overseas bargains galore will send animal spirits into overdrive.
One can only hope -- the fate of year-end bonuses hangs in the balance.
Source Fool.com
