Midcap Advisors_ 50bp Cut Moves Us Toward Bull Case

M Idea Midcap Advisors | North America September 23, 2024 04:01 AM GMT 50bp Cut Moves Us Toward Bull Case Fed is cutting rates faster than we expected in a soft landing environment. Recession risk even lower. Sponsor activity set to accelerate meaningfully. Election and regulatory clarity coming soon. We now bake in an overshoot of M&A activity relative to GDP above historical average in 2026-27. 50bp rate cut with a soft landing is positive for M&A activity. Rate cuts are here, and for the first time in de ...