For most of the past two years, J.P. Morgan Chase has focused on market intelligence trading platforms for institutional clients, and has shown astonishing accuracy in grasping market inflection points. Andrew Tyler led this team of motorcycles. In the latest shift in position, the team moved to a “tactical prudent/neutral” view of US stocks. In a report to clients, Tyler wrote, “In other words, while the fundamentals of the stock market are still strong, short-term variables may cause the market to fluctuate sideways.”

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