Daily Summary
US high-grade bond issuance has fallen to a five‐year low amid economic uncertainty from new trade measures, adding pressure on banks, while global markets continue to struggle with trade wars, geopolitical tensions, and a slide in stocks as investors seek safe havens like gold. Economic indicators are mixed in 2025, with stock corrections counterbalanced by stable credit conditions, even as consumers feel increased financial pressures. Meanwhile, Goldman Sachs expects a rise in large-scale mergers and acquisitions, and a major overhaul of the Federal Acquisition Regulations aims to simplify procurement and boost competition for both top firms and small businesses.
Goldman Sachs Expects Surge in Large-Scale M&A Deals in 2025
Goldman Sachs expects a robust surge in large-scale mergers and acquisitions in 2025, driven by stronger client engagement and a resurgence in investment banking activity.
Recession Watch 2025
The 2025 economic outlook shows mixed signals, with US stocks correcting even as key stability indicators remain intact, amid signs of increased consumer strain and caution in the market.
Morning Bid: Trade Worries Persist
Global markets remain in turmoil as escalating trade wars and geopolitical tensions prompt fears of new auto tariffs, driving safe haven assets like gold to record highs.
Deal Slump Hits US High-Grade Bond Supply and Pressures Spreads Amid Trade Policy Fears
U.S. high-grade corporate bond issuance has hit a five-year low amid economic uncertainty over President Trump’s tariff threats, potentially impacting bank revenues and jobs.
FAR Overhaul: Streamlining 5,000 Pages of Procurement Regulations
An extensive overhaul of the FAR aims to simplify federal procurement by reducing compliance burdens and encouraging competition from both established firms and small businesses.