How To Cope With All the Chaos Going On In the World

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Uncertainty is a natural part of life, but it’s easy to feel completely overwhelmed when a lot of unknowns are coming your way at once—like, right about now.

Tariffs are being added and subtracted by the hour, causing wild swings in the global economy that could potentially cost you a ton of money. A ton of people who used to have jobs that seemed stable are now being fired. Plus, you’ve got whatever is happening in your personal life to deal with on top of worrying about a looming economic crisis.

Here are some tips from mental health pros that can actively help you cope with all the chaos going on in the world.

A Knuckleball of Uncertainty in 2025

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Right now, the stock market is full of contradictions as investors navigate the final inning of what’s been a stellar year.  But things are getting weird.  Stocks are struggling.  Big tech's impressive gains explains the mixed messages.  The bond market joined the crazy party later.

Taken altogether, as Barron's says, the contradictions create a knuckleball of uncertainty in 2025.

Today in Global Small Business: Uncertainty Weighs Heavily in the Russian Invasion of Ukraine

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What's affecting me, my clients, my colleagues and other global small business owners:

• As uncertainty weighs on decision making concerning the Russian invasion of Ukraine, scenarios can provide guidance.
• Act global, look local.
• With Tably, your cat's wellbeing is always at your fingertips.
• Quote of the week: “The basis of your life is absolute freedom, the goal is joy, and the result of that perfect combination is motion forward, or growth.” — Abraham-Hicks
• Get your foreign-language tattoos translated free of charge!
• Thriving at work in a post-pandemic world.

How Not to Lose Your Way and Fall Behind the Global Competition

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By closely monitoring your business planning (which should include a component to going global), keeping a pulse on the economy and observing short-range and long-term financial and nonfinancial metrics, you will be able to weather economic uncertainty that is out of your control.

If you aren't agile and don’t adapt as the landscape changes [especially during COVID-19 times], you can lose your way and fall behind the competition. 

Find out how to work through uncertainty and manage unpredictable times.

The Global Trade Barometer and Economic Impact

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Every component of the Goods Trade Barometer, which provides real-time information on the trajectory of world trade relative to recent trends, will be influenced by the economic impact of COVID-19 and the effectiveness of efforts to treat and contain the disease,” says the World Trade Organization (WTO).

The Geneva-based body’s latest forward-looking Goods Trade Barometer stood at 95.5, compared with a level of 96.6 in November. 

The WTO goes on to say that global trade in goods will likely remain weak in coming months as disruptions from the coronavirus outbreak in China stanch the movement of international commerce already slowed by tariffs and uncertainty.