I’ve seen the posts popping up from the engagement-baiting talking heads. Jefferies is next, they say. Another bank about to crack, the next Lehman, the next Bear.
Visions of Margin Call dance in people’s heads: seedy late-night boardrooms, the usual finance villains pulling levers, ready to nuke the financial system.
But let’s stop right there. This isn’t that and not even close.
So if you’re thinking about shorting the stock, wondering how a broker-dealer holds together when the market whispers collapse, or just want to know if Jefferies is worth buying, read on.
No clickbait. Just real institutional-level analysis, a lesson in reflexivity, and a clear-eyed outlook on what the market’s getting wrong.
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