Relief Rally
As we have done for the last two years, this year’s April newsletter is also dedicated to updating our analysis of potential or pre-deal situations, or “deals-in-the-works” (DITW) as we like to call them. This time around, our filtered database of DITW situations, which goes back to 2017, has 1,109 potential deals. When reviewing the April 2025 newsletter, I noticed that CNN’s Fear & Greed Index was in Extreme Fear territory just like it is now.