According to Bloomberg, $406B of Mergers & Acquisition deals have been announced globally this quarter, including $170B in the past week alone. This puts 2015 on track for a record year with projected volumes north of $1T. The annual record prior to that? Yup: 2000. As I’ve told clients many times, Bull stock markets and the economic cycle end on euphoria, not bad news! Risk management in retirement accounts is extremely important at this juncture.