Jefferies Insights - October 2019

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

• Dovish Central Banks Unable to Take Global Markets to New Highs

Actionable Ideas for Companies and Sponsors

• Infrastructure Funds Becoming Major Acquirors Across a Broad Range of Sectors
• Take Private Transactions Achieving Record Deal Volume, Deal Size and Valuations
• Opportunistic Refinancing of Secured Loans with Secured Bonds
• U.S. Companies Taking Advantage of the Significantly More Favorable Loan Environment in Europe
• At-The-Market (ATM) Programs Increasingly Used by Most Industries
• Increasing Number of SPAC Founding Sponsors are Industry Executives
• The Trend Towards Accelerated Prepackaged Bankruptcies

Best Research Ideas

• Franchise note: The Great Protein Shake-up?
• Semiconductors – Analog Renaissance 2.0: Semis You Can Own Through the Next Four Cycles
• Lonza – Counting Capacity Supports Bullish Stance on Lonza's Growth Trajectory
• China Internet Initiation – The Next Chapter: Buy for Long-term Value