Due to the investigation of the Federal Reserve, JPMorgan has a cautious attitude towards the US stock market

According to Jinshi News, JPMorgan's securities trading department stated that the recent impact of the Trump administration on the independence of the Federal Reserve poses a threat to the U.S. stock market, at least in the short term. News regarding a criminal investigation into the Federal Reserve has led to declines in stock index futures and the dollar, with funds flowing into safe-haven assets like gold. Andrew Taylor, head of global market intelligence at JPMorgan, stated that although macro and corporate fundamentals support a bullish stance, the risks to the Federal Reserve's independence create a suppressive factor in the market, thus advising caution in the very short term.