7 Comments
 

At this point it's pretty clear that deal flow has picked up and is overall in a positive trajectory

 

You can always look up the amount of money most banks are making from dealflow. Pretty much every bank is public and publishes their data on how much they make from banking flow. 

Last quarter, most banks posted revenue beats by a pretty considerable amount. That said, it still isn't super high volume. Better than it was, but continued pressure. 

 

Everything is a lagging indicator. Most banks aren't going to hire more because they worry that tomorrow Trump could Tweet/Truth/whatever tf they're called and completely change the economic environment. So every bank is basically preparing their balance sheets for the worst case scenario. Instability and unpredictablility is bad for business. 

 

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