Commentaries & Views

Jefferies Analysts, Strategists and Economists provide real-time thought leadership across the global financial markets, offering insights and new ideas for or clients on a range of topics, including market strategy, economics, equity, fixed income, and foreign exchange.

U.S.: A Glance Into 1Q19 Earnings Season

Sean Darby, Chief Global Equity Strategist for Jefferies, says 1Q19 will be a difficult reporting season due to seasonal base effects, strong dollar and weak global growth

April 12, 2019

See disclosure

Watch Video 

Will Construction Equipment Sector Lead Global Market in 2019?

Sean Darby, Chief Global Equity Strategist for Jefferies, discusses how economic data points are becoming ‘less bad’ while global construction PMI is improving.

April 12, 2019

See disclosure

Watch Video 

Gathering What Another Man Spills

T.J. Thornton, Jefferies Head of U.S. Equity Product Management discusses 13 stocks that the Street generally does not like, based on average ratings and other criteria, but Jefferies views favorably.

April 10, 2019

See disclosure

Watch Video 

FOMC Update

Ward McCarthy, Chief Financial Economist for Jefferies responds to the more recent reactions to the March 20th FOMC Meeting.

April 5, 2019

See disclosure

Watch Video 

What's Up in A&D

Sheila Kahyaoglu, Jefferies Equity Research Analyst – Aerospace & Defense Electronics, discusses that within the A&D supply base there continues to be opportunity to capitalize on higher build rates and a growing U.S. defense budget.

March 29, 2019

See disclosure

Watch Video 

SMID Cap: Thoughts & Observations

Steven DeSanctis, U.S. Equity Strategist for Jefferies, says that lower for longer pushes us to Underweight on Financials.

March 27, 2019

See disclosure

Watch Video 

U.S.: Technology Lead Indicators and Super Software

Sean Darby, Chief Global Equity Strategist for Jefferies, discusses U.S. Technology index and Tech software spending as an investment theme.

March 21, 2019

See disclosure

Watch Video 

Global Asset Allocation: Passing Strangers

Sean Darby, Chief Global Equity Strategist for Jefferies, explains how the monetary dovishness of central bankers coupled with a V-shape recovery in risk assets appears to have unsettled investors during 1Q19.

March 21, 2019

See disclosure

Watch Video 

Oilfield Services: Further Flattening

Brad Handler, Jefferies Equity Research Analyst – Oilfield Services, says the harder we look at OFS, the more modest the growth prospects seem. That's not all bad, but overall it supports our neutral sector view and favors stock picking.

March 20, 2019

See disclosure

Watch Video 

JefData Takes

Richard Carbone, Jefferies Data Strategist, discusses data privacy regulation, the race to A.I. supremacy and cross-sector data usage.

March 15, 2019

See disclosure

Watch Video 

Quick Takes on Big Ideas

Lily Calcagnini, Strategic Content Prime Services, reveals why some of the fastest-growing startups ever are investing in the future of transportation.

March 13, 2019

See disclosure

Watch Video 

What's Up in A&D

Sheila Kahyaoglu, Jefferies Equity Research Analyst – Aerospace & Defense Electronics, says it appears the commercial helicopter market is in hover mode and forecasts LSD growth.

March 12, 2019

See disclosure

Watch Video 

Citigroup: More Belief in the Doubts

Ken Usdin, Jefferies Equity Research Analyst – Banks discusses upgrade of Citigroup to Buy from Hold, remaining one of the better capital return stories.

March 11, 2019

See disclosure

Watch Video 

Reinventing Value: An Advanced ESG Primer

Reinventing Value: An Advanced ESG Primer explores how ESG investing came to experience exponential growth in recent years, what the drivers of this growth have been, and what we can expect going forward.

March 15, 2019

Read More 

Housing Storm Largely Past and the Roof Didn't Collapse

T.J. Thornton, Jefferies Head of U.S. Equity Product Management discusses analysis of U.S. single family housing transactions posted to Zillow suggests that the biggest price declines have passed and that price weakness of late is mostly limited to the most expensive homes.

March 8, 2019

See disclosure

Watch Video 

Millennial Surveys: Social Media and Content Habits

Lily Calcagnini, Strategic Content Prime Services, discusses how the next generation of leaders consume and value content—and what this means for their research processes and businesses.

March 7, 2019

See disclosure

Watch Video 

When Hedge Funds Race for the Door, Don’t Get Caught Holding the Bag

Steven DeSanctis, U.S. Equity Strategist for Jefferies, offered a new twist to Hedge Fund holdings, breaking down the Top 100 showing the highest turnover and lowest.

March 5, 2019

See disclosure

Watch Video 

Cannabis Initiation

Owen Bennett, Jefferies Equity Research Analyst – Cannabis and Tobacco, says that hedge funds appear to be building a short thesis on Canopy and long only interest has been healthy.

March 5, 2019

See disclosure

Watch Video 

State of Our Union 2019

Shannon Murphy, Jefferies Head of Strategic Content – Prime Services, asks the question what do millennials, specialists and stickier capital have in common?Answer alternatives fund of the future.

March 1, 2019

See disclosure

Watch Video 

SMID Cap: Thoughts & Observations

Steven DeSanctis, U.S. Equity Strategist for Jefferies, says that the rebound in small has been breathtaking and R2000 off to best start since '87.

February 27, 2019

See disclosure

Watch Video 

Deep Dive: Internet Debates on Amazon Ad Business and Capex Wars

Brent Thill, Jefferies Equity Research Analyst – Internet, describes key debates among investors including: Is AMZN gaining share from FB and GOOGL in digital advertising?

February 25, 2019

See disclosure

Watch Video 

Quick Takes on Big Ideas

Lily Calcagnini, Strategic Content Prime Services, discusses why cloud providers are increasingly leveraging the ocean.

February 20, 2019

See disclosure

Watch Video 

China: Investment Ideas for Chinese New Year of the Pig

Sean Darby, Chief Global Equity Strategist for Jefferies, says that Chinese brokerage companies have begun to outperform the CSI 300, while authorities announced an easing in equity market regulations.

February 14, 2019

See disclosure

Watch Video 

Convertible Bonds Set to Excel as an Asset Class

Sean Darby, Chief Global Equity Strategist for Jefferies, highlights the unique hybrid features of a Convertible Bond offering investors equity like returns with low volatility alongside reduced drawdowns.

February 13, 2019

See disclosure

Watch Video 

2019 State of Our Union: The Future is Already Here

In this annual, forward looking piece – we lay out our vision for the next twelve months and dig into the invisible forces propelling our industry forward.

February 13, 2019

Read More 

Biotech Top Picks in 2019 - VRTX, GILD

Michael Yee, Jefferies Equity Research Analyst – Biotechnology says that VRTX will outperform its peers and GILD is currently the cheapest large-cap biotech.

February 13, 2019

See disclosure

Watch Video 

Clients Are Asking

Shannon Murphy, Jefferies Head of Strategic Content – Prime Services, discusses why investment companies are in view, what’s top of mind for allocators and how hedge funds look in social media’s “10 Year Challenge.”

February 11, 2019

See disclosure

Watch Video 

Big on the Internet - Quip, James Charles Beauty Palette

T.J. Thornton, Jefferies Head of U.S. Equity Product Management and Consumer Analysts, Kevin Grundy and Stephanie Wissink highlight brands and products trending on the Internet.

February 6, 2019

See disclosure

Watch Video 

Real Estate Isn't Complicated...Relationships Are

David Katz, Jefferies Equity Research Analyst – Gaming, Lodging & Leisure, says the relationship between hospitality real estate owners and branded operating companies continue to evolve.

January 25, 2019

See disclosure

Watch Video 

2019 Global Macro Economic Landscape

David Zervos, Chief Market Strategist for Jefferies, discusses three important stories that will play out in 2019.

January 25, 2019

See disclosure

Watch Video 

Mild Housing Recession Priced In, But Picking Our Spots

Phil Ng, Jefferies Equity Research Analyst – Building Products and Construction Materials explains that with the sector beaten up and sentiment bottoming, we believe the setup is favorable for Building Products.

January 24, 2019

See disclosure

Watch Video 

CES 2019 Takeaways - Auto Tech Content Opportunities Evident

David Kelley, Jefferies Equity Research Analyst – Auto Tech & Connected Mobility says that the industry continues to make strides in active safety & connectivity across numerous related segments.

January 23, 2019

See disclosure

Watch Video 

Global Asset Allocation: Boundary Changes

Sean Darby, Chief Global Equity Strategist for Jefferies, highlights factors that will drive share prices in 2019.

January 16, 2019

See disclosure

Watch Video 

U.S.: Time for An Upgrade

Sean Darby, Chief Global Equity Strategist for Jefferies, discusses his thoughts on upgrading the S&P 500 within our global asset allocation to modestly bullish.

January 14, 2019

See disclosure

Watch Video 

2019 Software Outlook

John DiFucci, Jefferies Equity Research Analyst – Software, says that secular forces remain very strong, and while there are real macro and valuation concerns, indications are that IT spending-trends will remain supportive in key markets.

January 13, 2019

See disclosure

Watch Video 

2019 Outlook Household Consumer Products and Beverages

Kevin Grundy, Jefferies Equity Research Analyst – Household Products and Beverages, says we expect 2H18 sector outperformance to continue for the HPC/Bevs group in '19 w/macro risk driving a flight to safety.

January 11, 2019

See disclosure

Watch Video 

JefData Takes

Richard Carbone, Jefferies Data Strategist, gives his 2019 predictions and compares to 2018.

January 11, 2019

See disclosure

Watch Video 

SMID Cap: Thoughts & Observations

Steven DeSanctis, U.S. Equity Strategist for Jefferies, provides positioning inside of the SMID Caps along with his Over Weight, Under Weight, Market Weight sectors.

January 9, 2019

See disclosure

Watch Video 

2019 Economic Outlook

Ward McCarthy, Chief Financial Economist for Jefferies, shares his views for 2019.

January 6, 2019

See disclosure

Watch Video 

Jefferies Healthcare Temperature Check

We are delighted to introduce the inaugural Jefferies Healthcare Temperature Check report. We have launched the report to coincide with our 9th Annual Global Healthcare Conference in London...

Read Article 

Jefferies Prime Services Monthly: Don’t Take Your Capital for Granted

We’ve anecdotally heard how much the capital raising and retention landscape has changed. The latest third quarter hedge fund industry flow numbers bear this out, and underscore important lessons heading into year end and for 2019.

Read Article