I try to stay out of politics for obvious reasons as some of my clients are Democrats and some are Republicans but all of them appreciate a good return on their investment. The Presidential contest will likely have great impact on the markets in the short term so paying attention to it does matter. So check out this Youtube video of the White House Correspondents Dinner in 2011 where Obama publicly humbled Donald Trump and then read this so prescient New Yorker article from late last year.
https://www.youtube.com/watch?v=k8TwRmX6zs4
Some day someone may well write a kind of micro-history of the night that Obama roasted Trump, as a pivot in American life.
Source: Trump and Obama: A Night to Remember – The New Yorker