Brian Forman Quoted in Mergers & Acquisitions on Forecast for Economy in 2023
Brian Forman was quoted in Mergers & Acquisitions’ annual forecast, “What’s Ahead for M&A in 2023?” In the January 3, 2023 article, Brian was among the industry’s top bankers, lawyers, lenders and advisors who weighed in on the state of the market, deals, concerns and sectors to keep an eye on in 2023.
Brian stated that his outlook for 2023 “is unfortunately one of uncertainty. Right now, there are several very significant global macro factors at play, any of which could individually impact the global economy adversely. These factors include the war in Ukraine, global inflation and rising interest rates, and a potential energy crisis over the winter. The fact that individuals are already feeling like their dollars (or other currencies) aren’t buying enough and may have materially increased energy costs could certainly result in depressed consumer spending, and consequently, poor performance for equities.”
He added, “On the other hand, depressed prices always result in opportunity, and I’m hopeful that as some of these factors start to resolve, there will be an appetite to raise and deploy capital quickly.”
Read more of Brian’s predictions in the Mergers & Acquisitions article here.
Contacts
- Brian R. Forman Partner & Chair, Investment Funds and Advisers
- bforman@morrisoncohen.com
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