Will M&A pick up in 2024?

Will this year mark the return of IPOs?

Listen to Strategic Alternatives, a podcast from RBC Capital Markets, to get fresh insights on the trends and market forces impacting deal flow across sectors and find out how companies and investors are preparing for potential surge in deal activity and what signals to watch for this year.

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podcast all right welcome to a very unusual episode of okay computer podcast i'm dan nathan i'm

joined by guy adami guy how are you how are How are you? It is a fascinating day in terms

of the lens that we look at things through, the risk assets, the markets, individual stocks,

a lot to talk about. Yeah, a lot going on. So this is the opening. This is Wednesday morning.

We had the election last night. I think you guys all know what happened there, but you know,

this sort of volatility that we're seeing guy and it's upward volatility in most things just to

kind of set things up here. The S&P is up about 2%. The NASDAQ's up about 2%. The 10-year U.S. Treasury

yield is up 20 basis points to 4.45%. That's the highest level since July. The U.S. dollar index, a massive move

higher, up 2%. Bitcoin trading at new all-time highs, up 7%. We're going to get to some single

names and some kind of sector stuff in a minute and try to kind of parse through some of the

potential implications of this new administration.

We also have a Fed meeting tomorrow where that pretty hotly anticipated 25 basis point cut.

I think there's a 99% probability guy when you're looking at the CME Fed watch tool.

But like you said, VIX is down 20%. So let's just kind of talk about the macro for a second here because I think it's also

important to note that the S&P and NASDAQ are also making new all-time highs here. So a whole sense

of enthusiasm, if you will, for risk assets. And my question to you is, does it make sense and

is it likely to stick? Okay. Let's try to unravel this a little bit. Does it make sense? Yes, I think it's the short answer. Is it likely to

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