JPMorgan adopts a cautious stance on U.S. stocks amid Federal Reserve investigation concerns

ChainCatcher News, according to Golden Ten Data, JPMorgan's securities trading division stated that the recent impact of the Trump administration on the independence of the Federal Reserve poses at least a short-term threat to the US stock market. News that the Federal Reserve is facing a criminal investigation has led to a decline in stock index futures and the US dollar, with funds flowing into safe-haven assets such as gold. Andrew Tyler, Head of Global Market Intelligence at JPMorgan, said that although macro and corporate fundamentals support a bullish stance, the risks to the Federal Reserve's independence have become a suppressing factor for the market, so it is advisable to remain cautious in the very short term.