Global Monetary Uncertainties

Many comments and analyses have been made on the latest global developments ahead of and after the inauguration of US President Donald Trump. Beyond the predictable assessments from both camps that support and oppose the new administration’s policies, there is growing collective sentiment that, at least in the short term, the world will head into an era of increasing uncertainty in many aspects of life.

Generally, policymakers and industry players dislike uncertainties as they make their jobs more difficult. Industry players, who often face risks in many forms and sizes, are helped by scientific and technological advances to calculate and make the effort to manage these risks and avoid, or at least reduce, their adverse impacts. Uncertainties, however, are different from risks and they are unpredictable.