by Bill O’Grady
Taiwan held elections on January 16th and the Democratic Progressive Party (DPP) won a resounding victory over the Kuomintang (KMT). This election will likely raise tensions between Taiwan and Mainland China (People’s Republic of China, PRC).
In this report, we will begin with a history of Taiwan. Next, we will recap the election results, discussing what the election means for Taiwan’s foreign and domestic policies, the PRC’s problems with the DPP’s victory and the election’s potential impact on regional stability. As always, we will conclude with market ramifications.
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These reports were prepared by Confluence Investment Management LLC and reflect the current opinion of the authors. Opinions expressed are current as of the date shown and are based upon sources and data believed to be accurate and reliable. Opinions and forward-looking statements expressed are subject to change. This is not a solicitation or an offer to buy or sell any security. Past performance is no guarantee of future results. Information provided in this report is for educational and illustrative purposes only and should not be construed as individualized investment advice or a recommendation. Investments or strategies discussed may not be suitable for all investors. Investors must make their own decisions based on their specific investment objectives and financial circumstances.