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Global Dealmaking: Wall Street's Revival

Multiple reports point to a broad-based M&A and IPO recovery through mid-2026, including AI-driven dealmaking, a Hong Kong IPO surge, fintech M&A rebound, and China's M&A market rebound in H1 2026, none of which match the falsification criteria of flat/declining volumes or weaker bank IB revenue. However, the articles don't directly confirm Goldman/JPMorgan/Citi's specific advisory revenue trends in this period, leaving some gaps in direct evidence.

Predicted 15 October 2025
Validated 16 September 2026
Horizon short
What would prove this wrong

M&A and IPO volumes stay flat or decline over the following quarters, or if Goldman Sachs, JPMorgan, and Citi report weaker investment-banking/advisory revenue in subsequent earnings.

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Supporting articles

  • BusinessLine Sensex today | Stock Market Highlights: Sensex, Nifty snap losing streak as IT and financial stocks drive broad-based gains 20 August 2026
  • China Briefing Hong Kong IPO Activity Surges as Chinese Tech Seeks Funding 22 May 2026
  • Boston Consulting Group Mid-2026 M&A Insights: AI Drives a Recovery, but Questions Remain 15 July 2026
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