The Conference Board Leading Economic Index for the US continues to suggest strong economic growth in the near term, calling for GDP growth of 6.6% for this year. We note that Q2 2021 activity more than doubled versus Q2 2020 and believe that strong M&A activity will continue. There were 78 transactions in Q2 2021 vs 15 in Q2 2020, representing an increase of 520%. In addition, Q2 2021 was 37% greater than Q1 2021.
