BlackRock: How will the US election affect the US stock market in the second half of the year?

What impact will the U.S. election have on the U.S. stock market in the second half of the year? BlackRock stated that the U.S. election cycle has its unique internal logic, and the summer slump in the U.S. stock market often improves in the fall. Historical data shows that May to September is usually a "weak period" for U.S. stocks, but in a "election year" special context, this seasonal pattern often shifts from summer to fall. In addition, investors need to be alert to seasonal factors and upcoming major events, while market sentiment also significantly affects short-term investments. Investor sentiment is gradually becoming cautious, facing high inflation, adjustments in Federal Reserve policy, and escalating geopolitical risks