Don’t fight the White House as it picks stock winners and losers, says Fundstrat’s Tom Lee

Group 1 - Major indexes have experienced a decline, breaking a three-session winning streak due to geopolitical concerns and worries over Federal Reserve independence [1][3] - Fundstrat's Tom Lee advises investors to monitor signals from Washington to identify outperforming stocks early in the year [2][3] - Lee identifies credit-card companies, the Federal Reserve, and institutional buyers of mortgages as the three "losers" in the current market environment [4][6] Group 2 - Credit-card companies such as Capital One, Synchrony Financial, Citigroup, JPMorgan Chase, and Bank of America faced declines after President Trump proposed a 10% cap on interest rates for credit-card balances [4][5] - The inquiry into Fed Chairman Jerome Powell by the Department of Justice has raised concerns about the independence of the Federal Reserve, which Lee emphasizes is crucial for investors [6] - A potential "winner" identified by Lee is the mortgage sector, as Trump aims to enhance affordability for Americans, leading to increased investments in builder stocks and home-goods retailers like Wayfair, which has risen 18% in 2026 [8]