Jefferies Insights - January 2023

As part of the firm’s daily communication with clients, Jefferies regularly publishes perspectives, ideas and insights on the markets and our areas of focus through research reports, trend analysis, white papers and industry commentary, as well as strategy and economic thought pieces.

Economics and Strategy 

• Focus Shifting from Inflation to Growth; Peak Tightening and Dollar Likely Favors Emerging Markets

Actionable Ideas for Companies and Sponsors 

• Jefferies M&A Year-End Review
• “SPACtivism” – Activism at de-SPAC’d Companies Gaining Momentum 
• Opportunities Remain to Raise Incremental Capital and Extend Existing Maturities Despite Ongoing Market Challenges
• Rule 144 Execution as an Alternative to U.S. Registered Secondary Share Sales
• European Corporates Should Consider Early Refinancing of Upcoming Debt Maturities 
• Expected Uptick in Defaults Will Lead to Increased Distressed M&A Activity
• Legacy Liability Sell-Side M&A Provides Finality for Corporate Defendants

Best Research Ideas

• U.S. Insights – Greedy When Others Are Fearful: Quoting a Legend, Prepping for Volatility
• Aerospace & Defense Electronics – C919 Deep Dive: Production Hurdles Imply 1/Month Impact to Boeing/Airbus through 2030
• European Consumer Survey: Under Pressure 3.0
• Paying-Up: Assuming Coverage of Payments & FinTech
• Asia Outlook 2023 – Our Best Ideas