$4 Trillion in Deals Is Coming. Wall Street Hasn’t Seen an M&A Wave This Big in a Decade

PwC pegs global M&A at $4 trillion for 2026, the biggest deal wave in a decade. Wall Street is trying to decide whether that firehose of activity is a tailwind or a warning sign, and the strategists on CNBC this week landed on both. Jay Woods of Freedom Capital Markets thinks the second half starts ... $4 Trillion in Deals Is Coming. Wall Street Hasn’t Seen an M&A Wave This Big in a Decade