A resilient economy and strong earnings are overpowering normal election worries

This year’s market has been unusual, with high returns on the S&P 500 despite election uncertainty. Strong tech earnings have been a key factor in the market’s performance. The economy and earnings remain resilient, contributing to the market’s success. The election is a wildcard, causing volatility to remain high. Despite strong earnings, rising bond yields and high market valuations are concerns for investors. The market may be entering a consolidating phase after a two-year bull run. Overall, the market is anticipating a post-election rally, but it may be wise to be content with the gains achieved so far.