January 2020 Middle Market Monitor
December concluded with solid economic indicators and continued strength from the public equity market. Unemployment has remained steady and is poised to remain low throughout 2020. The market outlook on 2020 is generally positive, with the Dow Jones breaking 29,000 points on January 10th. M&A activity is expected to grow this year, particularly in the first half of 2020 and ahead of the U.S. Presidential election.