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
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Current: 52.385
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Current: 52.385
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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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