美联储主席沃什发表鹰派讲话后，市场对年内加息的押注意愿增强，摩根大通交易团队随即调整立场，放弃短期看涨美股的策略，并预计未来几周将维持"战术性谨慎"态度。
由摩根大通美国市场情报主管Andrew Tyler带领的团队表示，利率前景的不确定性构成阻力，因此在美联储9月16日政策会议之前暂时搁置看涨观点。不过，该团队仍认为整体市场将保持韧性，因经济数据和企业盈利等基本面因素提供一定支撑。
沃什上周五在杰克逊霍尔央行年会上指出，通胀压力尚未真正缓解。Tyler表示，一旦美联储启动加息，交易员将难以预判潜在加息周期的幅度与持续时间。与前任相比，沃什在利率政策上提供的前瞻性指引相对有限。
Tyler在周一给客户的报告中写道："我们正转向战术性谨慎或中性观点，这意味着股市基本面仍然强劲，但短期因素可能导致市场以横盘震荡为主。"他认为，利率不确定性、9月季节性走弱以及人工智能主题交易动能减弱，均为近期市场面临的主要压力来源，并指出当前股票净仓位整体处于中性水平。
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