Slightly over a year ago, we shared our thoughts about what might happen as the world transitioned from essentially “free money” into a period of painful “catch-up” spurred by rapidly rising interest rates (see our Boomer’s Guide). We discussed how this period was likely to:
For a combined 55 years, the two of us have been on an incredible journey working with all of you to build Jefferies.
Yesterday was the end of Jefferies’ 2022 fiscal year, and today we start anew in 2023.
The world has always been complex and difficult to predict and, as a result, often confusing.
Tomorrow, October 2, marks 60 years since Jefferies was founded essentially in a telephone booth at the Pacific Coast Stock Exchange by a person with boundless energy, vision and drive, Boyd Jefferies.
This has been a challenging and complex year for our clients, the capital markets, Jefferies and most, if not all, of us.
On a monthly basis, the two of us do our best to write a note to all 5,000 of our partners about something that we believe is important, worthy of interpretation or further understanding, and topical.
After over two years of living with Covid, the significant recent economic and capital markets challenges, and the many social and political issues around the world, it was no surprise that our firmwide Town Hall on Tuesday morning this week was laser-focused on how to cope and live in the current world.
We have thought deeply these past few days about how to respond to the recent Supreme Court decision regarding women’s rights.
Just Because The Market No Longer Goes Up Every Day, Doesn’t Mean We Can’t Have A Bounce In Our Step!
COVID became a household word in early March of 2020 and within six weeks, a tidal wave of stimulus, coupled with non-existent interest rates, created a powerful wind blowing at the back of almost every single financial services firm.