Goldman Sachs: Clients 'Dusting Off' M&A Playbooks After Trump Win

The transcript discusses the market's reaction to recent political changes, highlighting a renewed focus on strategic planning. It suggests that US growth is expected to increase, potentially boosting M&A activity, while there is some caution regarding Europe due to tariff concerns. The discussion also touches on regulatory improvements and industry-specific dynamics, with a generally optimistic outlook for the future, particularly in the latter half of the year as deals mature.

What was the initial reaction of sponsors and corporates to the uncertain future?

• They were eager to invest immediately.

• They were cautious and on the sidelines.

• They were indifferent to the changes.

• They were overly optimistic about the future.

What is the expected impact of new policies on US growth?

• Growth is expected to be unpredictable.

• Growth is expected to pick up.

• Growth is expected to remain stagnant.

• Growth is expected to decline.

How does the outlook for M&A activity in Europe compare to the US?

• Both regions are expected to have similar M&A activity.

• The US is expected to have more robust M&A activity.

• Europe is expected to have more robust M&A activity.

• Neither region is expected to have significant M&A activity.

What is the perspective on regulation under the new regime?

• Regulation is expected to be industry-neutral.

• Regulation is expected to worsen.

• Regulation is expected to improve.

• Regulation is expected to remain the same.

When is M&A activity expected to pick up significantly?

• In the middle of the year.

• Towards the end of the year.

• At the beginning of the year.

• It is not expected to pick up at all.