The latest market signals are indeed worth paying attention to. According to JPMorgan's latest assessment, it is highly unlikely that the Federal Reserve will cut interest rates further in the foreseeable future, which differs significantly from the market’s previous optimistic expectations. More notably, this investment bank also predicts that the Federal Reserve will restart its rate hike cycle as early as 2027. This suggests that the current cycle may be at its end, and the market should prepare for a policy shift. For traders focused on macroeconomic factors, this judgment could reshape their views on asset allocation.