Election Uncertainty

Are you wondering why the current election results are not creating more uncertainty for the markets?
Why is the U.S. stock market still going up?

Could it be that Trump still has a glimmer of hope?
Could it be that the republicans faired better than expected in the Senate and House races, meaning no shift of power to the democrats’. Long-Term it doesn’t matter to the stock market as long as there is economic growth.
Short-term, if Biden does take the Presidential office, can he still raise taxes without democrat power in the senate? Doubtful.
The markets are still seeing economic growth and hopeful recovery from the covid-19 pandemic.
Expect short-term volatility, because it’s here to stay for the short-term.