In last year’s merger and acquisition (“M&A”) retrospective (see December 2017, WBM), we cautioned that the U.S. economy was in the eighth year of an unusually long economic expansion and that signs pointed to potential economic slowing. Yet, one year later, despite tariff battles and political uncertainties, we find ourselves still in a “Goldilocks” economy: growth isn’t hot enough to trigger strong inflation nor cold enough to lead to recession. We are m...