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What you should know: Based on historical data, financial fluctuations and economic crises occur under both Democratic and Republican administrations, and no single president can control the stock market. The real impact on your investments comes from policies enacted by Congress rather than the political party in power. Data also suggests that a split Congress has historically been favorable for the market, providing more stability.

Key takeaways: You might find our current political climate distracting, but don’t let that deter you from remaining focused on your long-term financial goals. Further, it’s helpful to stay aware of tax policy revisions, as upcoming changes can affect both corporate and individual finances.