$NVIDIA (NVDA.US)$ JPMorgan analysts noted that increased un...

$NVIDIA (NVDA.US)$ JPMorgan analysts noted that increased uncertainty is prompting the Federal Reserve to slow its return to a neutral stance. We continue to expect that the Fed will remain on hold at its January meeting, with the next rate cut likely not occurring until March. Currently, U.S. interest rate futures are pricing in over a 90% probability that the Fed will maintain rates in January, up from 81% prior to the Fed's recent rate decision.

However, investors should not be overly pessimistic, as the market may have already fully priced in the hawkish rate outlook. The current economic data remains robust, the market continues to price in a soft landing, and major indices are likely to maintain a high-range oscillation pattern rather than intensifying declines. It is clear that artificial intelligence (AI) remains a long-term investment theme, with particular focus on companies with high growth potential such as NVIDIA $NVIDIA (NVDA.US)$ , Meta $Meta Platforms (META.US)$ , and Amazon $Amazon (AMZN.US)$ .

While the effects of Trump's policies on the economy remain uncertain and will require a cautious, step-by-step approach, the market will persist in seeking investment opportunities that offer the most predictable returns.