We're approaching the end of the year - and what an ugly year! - the time when the financial eggheads and whizzes at the Globe and Mail usually issue their oh-so-confident predictions for the year ahead.
This year, though, Ian McGugan is telling it like it is. After a 2024 in which most of those oh-so-confident predictions came unravelled, Mr. McGugan is throwing up his hands and making absolutely no predictions for 2025.
Basically, things are just too volatile and, well, unpredictable. As Mr. McGugan points out, four erratic and egocentric individuals - Donald Trump, Elon Musk, Vladimir Putin and Xi Jinping - are, between them, effectively holding the whole world to ransom, and everyone is hanging on their every word. Because a word from any one of them can mean the difference between success and failure, even life and death. To even try to make predictions in the face of such powerful fickleness would be pointless. All bets are off.
I think Mr. McGugan is right on the money. I don't remember a time when the future was so unpredictable, so grim, and in so many different ways. The old adage "May you live in interesting times" has never felt so sinister and portentous.
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