It's common to focus on the presidency, but Congress also plays a crucial role. Over the last 13 years, the S&P 500 has risen, even with a divided Congress on several occasions.
This year, we also have a divided Congress. Studies show that periods like these often result in good returns for investors, with an average annual return of 14.5%.
This underscores the importance of understanding not only who's in the White House but also the composition of Congress to make informed financial decisions.
