Quickie on the economy

Its interesting to hear about how the biggest thing is an increas in M&A activity

"It is clear that we are moving towards a consolidation phase in the technology sector.  M&A activity has been heating up over the last 18 months as strategic acquirers are looking to bulk up and broaden their product offerings. "

But at the same time the cost of crude oil continues ever upward.  Add into this mix the Fed still fearful of Inflation and increasing interest rates again (6th time I think?) with hints of potential larger increase in the future.

Is it really clear that the M&A is a good thing?  Is it a sign of consolidation, getting things on the cheap as the company is going downward (the company being merged/purchased)  Have we reached another "bubble" already?

See I told you this little journal of mine was all over the place. :-)