“Global dealmaking falls to 20-year low”
“Global dealmaking fell to a two-decade low in the first half of 2025, new data showed, as firms grappled with uncertainty surrounding US President Donald Trump’s tariffs.““Analysts initially believed Trump’s deregulatory and business-friendly stance would spur an M&A renaissance alongside lower inflation and interest rates — but deals were down 16% year-over-year, The Wall Street Journal reported. “Corporates were just in wait-and-see mode,” an expert said. Dealmakers have also found it challenging to assess a company’s worth as the levies make long-term projections difficult. Deals are still getting done, PwC analysts wrote this week, but they largely involve companies “with a local focus within national borders” and service industries less exposed to tariffs.”
🟡 Semafor Flagship: No war, no peace | Semafor
Iran’s supreme leader declares “victory,” Nvidia shares keep soaring, and American and Italian soccer players feud over food.
www.semafor.com
But wait a minute, Trump has deals, every week we hear Trump is making a deal, he’s going to meet with ………… next week to confirm the details. But usual next week nor the deal never come, and when it does, there are next to zero details other than it’s a “tremendous,” “best in history” deal, which the majority of time turns out anything but
“Survey Shows U.S. Consumer Confidence Worsened in June”
https://www.wsj.com/economy/consumers/survey-shows-u-s-consumer-confidence-worsened-in-june-750bf7df
Trump better amp up his immigration armageddon deflection