Powell's liquidity casino June 2021: pic.twitter.com/YKSRk7Ni1w
— Sven Henrich (@NorthmanTrader) June 2, 2021
Crude Oil closed at its highest level since October 2018, up 91% over the last year. pic.twitter.com/F5wUtYnj0E
— Charlie Bilello (@charliebilello) June 2, 2021
So far in 2021, global mergers and acquisitions have totaled a record $2.4 trillion, up 158% from the same period last year, according to a Refinitiv Deals Intelligence report out Wednesday. That marks the highest year-to-date total going back to 1980 when Refinitiv’s records began (the first quarter was also a banner few months for M&A).
“As the surging stock market continues to drive confidence, and interest rates remain at record lows making borrowing for acquisitions cheap, deal making continues at pace,” Lucille Jones, a Deals Intelligence analyst at Refinitiv, wrote alongside the report.
Bank of Japan assets quadruple to $6.5 tril. under Kuroda's aggressive easing – The Mainichi t.co/mqmQeCsflp
— M/I_Investments (@MI_Investments) June 3, 2021
— Holger Zschaepitz (@Schuldensuehner) June 2, 2021