Stocks usually do well after the midterms. Not this time, forecasts BlackRock

Poorly received results from the likes of Meta (META) Alphabet (GOOG) Microsoft (MSFT) and Amazon (AMZN) et al saw nearly $1 trillion at one point chopped of the big tech valuations this week, according to the FT. Well, not this time says the team of analysts at BlackRock led by Wei Li, global chief investment strategist. Stocks tend to do well after the U.S. midterms, they note, because gridlock is a common result, and this prevents policy changes that could rattle the market.