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Election years have paralysing effect on industry

Research shows that large corporate investments are routinely postponed, big deals put on back burner

Published Tue, May 17, 2016 · 09:50 PM

New York

MERGERS and acquisitions (M&A) activity is down. Initial public offerings (IPOs) are practically dead. Companies are cutting spending. The stock market is increasingly volatile. Gross domestic product (GDP) is stalling.

What explains it all? Perhaps Hillary Clinton and Donald Trump.

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