Deep Tide TechFlow News, January 12 — According to Jinshi Data, JPMorgan Securities Trading Department stated that the recent impact of the Trump administration on the independence of the Federal Reserve at least poses a threat to the US stock market in the short term. News about the Federal Reserve facing criminal investigations hit the US markets on Sunday night, causing stock index futures and the US dollar to decline, with funds flowing into safe-haven assets like gold. Andrew Taly, Head of Global Market Intelligence at JPMorgan, said: “Although macro and corporate fundamentals support a tactical bullish stance, the risks to the Federal Reserve’s independence create downward pressure on the market, so we remain cautious in the very short term. The risks surrounding the independence of the Federal Reserve could drive the US market to underperform in the short term.”