One month after House Speaker Nancy Pelosi (D-Calif.) visited Taiwan, the global financial markets’ concerns over a potential conflict in Asia have faded into the background as inflation and recession continue to dominate headlines.
Yet, with heightened geopolitical tensions and various regional developments occurring in recent weeks, market analysts and investors are assessing the potential economic consequences of a China incursion into Taiwan and possible effects on the equities arena.
Russia’s invasion of Ukraine led to an immense disruption in the international marketplace in 2022. Prices for crude oil, natural gas, and coal have skyrocketed. Europe is on the brink of a recession amid soaring energy costs. Food shortages are ubiquitous, especially in impoverished states that depend on imports from Russia or Ukraine….