Just a couple of months into the year, M&A already looks to be in for a rough 2016. You remember 2016.

Erratic, unpredictable commodity prices have upended what should have been a lackluster year and potentially tipped it into the 2014 version of “Hey, is OPEC doing anything after Thanksgiving?”

Deloitte’s upbeat spin on 2020 M&A: “More of the same, but a little bit different,” according to its Feb. 11 report.

Maybe not even that.

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