The Uncertainty of The New Normal

2016 drawing to a close brought a sigh of relief for many. It was a year that many of us would rather forget, with the hope that 2017 was going to be different. Although in some ways we have seen change, just 20 days into the new year we had to witness Trump’s inauguration, Article 50’s trigger and that PWC Oscar’s mix up. Start with a bang why don’t you.

Another continent having a bumpy ride this year is South Africa. Reports coming out of South Africa have stayed out of the front pages, but at the end of March reports of Jacob Zuma calling his finance minister Pravin Gordhan back to South Africa from a business trip in London caused the Rand to drop. Shortly followed by President Jacob Zuma’s decision to sack Gordhan, along with eight other ministers, which has caused his popularity to deteriorate rapidly. It’s reported that he now wants his ex-wife to take over from him however there are two major contenders in Ramaphosa and Lindiwe Sisulu. Since then there have been numerous protests from the people of South Africa including booing and chanting “Have you heard the good news? Zuma is going”. And Trump thought he had a tough crowd.

Now this isn’t another political blog posing my views on Zuma or any other world issue for that matter, but I can’t help but wonder if the recent world events over the last 18months that have felt turbulent are actually relatively normal in the world we live in. There are times when it feels like end of the world is imminent, but then there’s that YouTube video that comes out that everyone loves (you know the one), and we all forget about the Trump, South Sudan, Syria, South Africa. I wonder if maybe it’s our responsibility to accept the world we live in and take each thing as it comes. Internally, we frequently speak about controlling internal factors that can help us achieve success and not letting uncontrollable external factors shape our destiny. That’s the great thing about recruitment, even in trouble, rollercoaster markets, people can carve out a niche and can still do well. Although we should try to plan for all eventualities, there are so many Black Swans that can come along that can hi-jack even the best laid plans, accepting that we’re not in complete control is ultimately true and liberating.

Either way the effect on recruitment in the City of London could be dramatic: Macron seems to promise a more attractive commercial environment for City firms looking to relocate post-Brexit, meanwhile a win for Le Pen could strengthen London’s hand through the twists and turns of Brexit negotiations. Fasten your seatbelts!

Have a good weekend.


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