If we refer to history, the good momentum may continue. After analyzing the market performance of election years since 1944, institutions found that there is an 86% chance of further improvement in the second half of the year. However, considering low volatility, a certain stage in the second half of the year may become bumpy, with the possibility of a soft landing in the US economy, the dominance of large technology companies, and the uncertainty of the election all becoming triggers for panic.