Managing Uncertainty in the Face of Global Shocks
Leading Blog
APRIL 25, 2025
U NCERTAINTY is dominating business planning. The tariffs announced on April 2 could trigger a self-induced, economic nuclear winter, according to hedge fund manager Bill Ackman. Businesses and nations are locked into a complex, international web of trade networks, just-in-time supply systems, currency exchanges, and mutual competition. And much of it is underpinned by the US dollar.
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