Asset-Backed Securities Could Suffer as the U.S. Consumer Cracks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 17 2024
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Should l Buy JSI?
Source: MarketWatch
- Investors React to Consumer Price Index (CPI) Print: Investors are optimistic about lower inflation and increased likelihood of a Federal Reserve rate cut in September following the recent CPI data.
- Concerns Over U.S. Consumer Health: Despite positive market reactions, there are growing concerns about the financial health of U.S. consumers.
- April Retail Sales Disappoint: April retail sales figures fell below economists' expectations, remaining flat from March but showing a decline when excluding car, gas, and building material sales.
- New York Fed's Report on Household Debt: The New York Fed's Quarterly Report on Household Debt and Credit highlights increasing debt levels among consumers.
- Signs of Economic Strain: The combination of weak retail sales, rising debt, and other economic indicators suggest potential strains on the U.S. economy.
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Analyst Views on JSI
Wall Street analysts forecast JSI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JSI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 52.330
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Current: 52.330
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About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- 52 Week Range: JSI's stock has a 52-week low of $51.05 and a high of $52.93, with the last trade recorded at $51.95.
- Market Analysis: The article mentions other ETFs that have recently fallen below their 200-day moving average.
- Author's Perspective: The views expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.
- Investment Insights: The information provided may be relevant for investors tracking stock performance and market trends.
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Expansion of ETF Offerings: With the introduction of JABS, Janus Henderson now manages five actively managed fixed income ETFs, solidifying its position as the second-largest active fixed income ETF manager by assets, with over $57 billion in securitized assets under management.
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