A record M&A deal between two mega-companies is in the works. This deal worth in excess of $75 billion proves that there is an appetite for risk in the market as well as that the recent market volatility is not derailing strategic deals.
"Meanwhile CPI was released today just hours ahead of the Fed's two day September meeting and revealed that inflation had fallen for the first time this year. The cost of consumer goods was down .1 percent for the month and remained essentially flat at .2 percent for the year", says Voya Global.