UBS's Forbes Sees Tax Plan as Another Spur for M&A

The video discusses the potential impact of tax reform on mergers and acquisitions (M&A) activity, focusing on the reduction of corporate tax rates and the repatriation of overseas profits. It explores how these changes could influence corporate strategies, including share buybacks and capital investments. The discussion also covers the implications for private equity and capital structures, highlighting the potential shift towards preferred equity. The video concludes with insights into CEO psychology and forecasts for increased M&A activity, driven by regulatory reforms and improved corporate confidence.

Discuss the implications of capping the deductibility of interest for private equity firms.

What factors contribute to increased M&A activity according to the speaker?