摩根大通：美联储独立性是一个“伪命题”

Core Viewpoint - The perception that the Federal Reserve operates independently of political pressure is described as a "false proposition," suggesting that market expectations of interest rate cuts may lead to a continued rise in the U.S. stock market [1] Group 1: Federal Reserve and Market Dynamics - As the term of Federal Reserve Chairman Jerome Powell approaches its end, investors are expected to focus on the policies of the next Fed chair [1] - Market volatility is anticipated to increase due to uncertainties related to tariffs, inflation, and the Federal Reserve [1] Group 2: Investment Strategies - Investors are advised to maintain long positions in the S&P 500 index and the VIX index, betting on increased allocations to high-risk assets such as cryptocurrencies and artificial intelligence [1]