How a busy election year in 2024 could affect global markets

News Snapshot:

Countries making up over 60 per cent of the world’s economic output and more than half of its population hold elections this year. Markets face a “ballot box bombshell,” financial services group Morningstar says, adding that “prior experience of this kind of event risk shows big changes can cause sell-offs.” Here’s a look at the elections that matter for markets, in roughly chronological order for the coming year. 1. Taiwan Date: 13 January Back story: Taiwan’s ruling Democratic Progressive Party (DPP) is competing mainly with the opposition Kuomintang (KMT) for the presidency and legislature. A DPP win would be the...