This might get you punched in some offices: The current slowdown in deal making is a healthy thing. The case is really not hard to make, and Citigroup has made it well, according to the Financial Times. Wacky bull markets of the near-bubble variety give rise to deal making frenzies that seem to disregard way-too-high valuations. The report does not think we'll fall off a cliff. Rather, we'll return to normal, with more reasonable debts loaded up on acquired companies, more strategic deals and more reasonable valuations. It would be hard to argue that's a bad thing. But you may want to whisper.  

For more:
- here's the Financial Times article

Related Articles:
SPOTLIGHT: M&A volume
Tech deals may help M&A industry
How hard will M&A fees be hit?
Citigroup soars in M&A