M&A Strengthens on Post-Brexit Market Momentum

The video discusses the resurgence of M&A activity, particularly in the tech sector, despite concerns post-Brexit. It highlights the strong performance in healthcare and the significant earnings surprises in the market. The discussion also covers the impact of excluding the energy sector on growth rates and valuations, noting that the market shows positive growth when energy is excluded.

What is the significance of the earnings surprise mentioned in the text?

How does the speaker view the current price-to-earnings ratio in relation to interest rates?