Goldman Sachs(US:GS) Ge Long Hui A P P·2025-09-26 06:40Group 1 - Goldman Sachs President Waldron expressed increased optimism regarding the outlook for mergers and acquisitions (M&A) due to a wave of consolidation across industries and private equity-backed transactions potentially accelerating [1] - In the first seven months of this year, global M&A deal volume reached $2.6 trillion, marking the highest level for the same period since the pandemic peak in 2021 [1] - Waldron noted that the Federal Reserve's interest rate cuts will further stimulate M&A activity by lowering corporate funding costs [1] Group 2 - The economic fundamentals are considered quite strong, particularly in the United States, although trade and geopolitical factors pose headwinds for the global economy [1] - Waldron warned that the long-term fiscal situation in the U.S. is unsustainable, suggesting that better control of spending would benefit the health of the U.S. economy and system in the medium to long term [1]