Sorry, I don't understand why everyone is talking about a relief rally after the midterms; it doesn't make any sense to me at all.

I understand that historically there has been a rally after midterms because of political uncertainty, but at this point the elections don't change any of the concerns that investors have.

Investors are concerned about AI spending, inflation due to war, oil prices, AI debt, etc., and there is no party that will solve this issue (at least that's my understanding; it's not clear if Democrats or Republicans winning will solve these issues immediately).

So the market will just irrationally rally just because the midterms are over?