Peter Tague: Cheap Cash Drives M&A Despite Uncertainty

The transcript discusses the influence of low interest rates on mergers and acquisitions (M&A), highlighting how cheap money facilitates inorganic growth strategies. It examines the potential impact of Federal Reserve rate hikes on M&A activities, suggesting that minor increases may not significantly alter the current environment. The conversation also delves into CEO confidence, exploring factors like market conditions and uncertainty that affect cash deployment. Finally, it identifies sector-specific M&A trends, noting increased activity in biotech, pharmaceuticals, and technology.

In what ways does uncertainty in the market affect corporate decision-making?

Which sectors are currently experiencing consolidation, and what might drive this trend?