Is the Fed Blocking a Bigger M&A Boom?

The transcript discusses economic trends for 2015, focusing on interest rates and corporate strategies like divestiture. It highlights challenges faced by investment banks due to market changes and the Federal Reserve's role in economic cycles. The shift from empire building to focusing on core competencies is emphasized, with examples from companies like eBay and HP. The transcript also covers scrutiny on leveraged loans and credit market conditions.

What is the primary reason companies are shifting their focus according to the first section?

• To expand into new markets

• To reduce operational costs

• To become industry leaders

• To increase their workforce

Which companies are mentioned as examples of divestiture in the second section?

• Tesla and Ford

• Google and Amazon

• Siemens and Novartis

• Apple and Microsoft

What is a major concern for investment banks and law firms due to corporate repositioning?

• Lack of skilled employees

• Increased competition

• Unpreparedness for workload

• Decline in client base

How does the Federal Reserve view the current economic cycle?

• As a threat to stability

• As an opportunity to increase taxes

• As a positive sign for the economy

• As a reason to lower interest rates

What is the new focus for companies instead of empire building?

• Expanding globally

• Building better and being strategic

• Merging with competitors

• Increasing product lines