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Stock impact report

Why The Expected Trump M&A Boom Is A Bust–So Far [Forbes]

Houlihan Lokey, Inc. Class A (HLI) 
Last houlihan lokey, inc. class a earnings: 2/3 04:15 pm Check Earnings Report
US:NYSE Investor Relations: hl.com/us/pressreleases.aspx
Company Research Source: Forbes
the days after Donald Trump sealed his return to the presidency last November, Wall Street celebrated the prospect of lower taxes, looser regulation and less fervent antitrust enforcement—all setting the stage for a quick resurgence of merger and acquisition deals. Certainly conditions seemed ripe for an M&A boom. The number of deals had been declining since 2021, partly because of the perceived anti-merger views of President Joe Biden's regulators, but even more so because of the Federal Reserve's campaign, beginning in March 2022, to quash inflation with higher interest rates. Private equity firms, which had spent the last half-decade raising ever larger piles of cash, were collectively sitting on about $1 trillion of “dry powder” in the U.S., even as they struggled to divest businesses they already owned to generate payouts for earlier investors. And small and mid-sized companies whose stocks had languished for years seemed ripe for takeover. Now, the Federal Reserve was final Show less Read more
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