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Bankers & Advisors

2026 M﹠A Outlook: Economy and Macro Concerns

Fifty voices. Dozens of sectors. One sweeping look at how investors, lenders and advisors are preparing for the year ahead.
December 26, 2025
Demitri Diakantonis

The Economy & Top Macro Concerns: Dealmakers see 2026 as a year of normalization rather than acceleration. Contributing to this sentiment are changing macroeconomic forces, a reshaped geopolitical landscape and easing of inflation and interest rates. Below we kick off our annual M&A Outlook with dealmaker sentiment on their views of the economy and macroeconomic concerns for 2026.

Mergers & Acquisitions presents our week-long special series: The 2026 M&A Outlook. Throughout the series, more than 50 dealmakers and advisors from across the M&A ecosystem share how they’re thinking about the year ahead — from dealmaking conditions and financing markets to exits, fundraising, and the macro forces shaping how capital is put to work.

2026 M&A Outlook Schedule

  • FRIDAY, DECEMBER 26: THE ECONOMY & TOP MACRO CONCERNS
  • Monday, December 29: Outlooks on Dealflow, Lending, Exits & Fundraising
  • Tuesday, December 30: The Impact of AI on Dealmaking
  • Wednesday, December 31: Sector Analysis
    Business Services
    Consumer & Retail
    Energy
    FIG
    Healthcare
    Industrials
    Real Estate
    Tech-Enabled Services
    Technology, Media & Telecom
  • Friday, January 2: Mega-Trends Impacting M&A Now and In the Future
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