Following the recent election, the stock market has shown a positive response, with the S&P 500 index rising over 3% since before the election. This trend marks a departure from the 2016 election, where the U.S. dollar experienced a sustained increase and the yield curve steepened sharply. Analysts suggest that the Trump administration may offer favorable conditions for wealthy individuals, particularly in terms of contracts and regulatory issues. The implications for the U.S. bond market remain uncertain, as various factors, including potential cabinet picks and tariff frictions, could influence market dynamics moving forward.