Transforming Radical Uncertainty: How Financial Firms Can Earn Trust in Volatile Times
Transforming Radical Uncertainty: How Financial Firms Can Earn Trust in Volatile Times
Vice President, Corporate Reputation
Markets have moved from a quantifiable risk environment to one characterized by “radical uncertainty”— as noted recently in Axios Markets by Felix Salmon, referencing the 2020 book by John Kay and Mervyn King. We’ve entered a scenario where the possible outcomes of policy decisions – let alone their staying power – are anyone’s guess. As a result, financial markets increasingly react based on emotion, narrative, and speculation rather than calculable probabilities.
It means financial services firms face unprecedented challenges in their public communications strategies. Managing this volatility demands consistent transparency from leadership, coupled with a keen awareness of breaking news and shifting media narratives.
As part of this shift, leaders must work hard to keep pace to earn and maintain the trust of their stakeholders. One development is the use of short-form iPhone videos for annual shareholder communications, as JPMorgan Chase’s Jamie Dimon shared last week (note the casual attire). It shows that top financial leaders are adapting their communication strategies to the fluid media environment – especially on social platforms. It underscores a broader trend towards immediacy, authenticity, and direct engagement with stakeholders in an environment dominated by uncertainty and rapid information flows.
In such an environment, real-time responsiveness is critical. Recent and likely ongoing erratic market swings, driven largely by rapid-fire dissemination of unverified information and subsequent corrections, highlight the importance of financial leaders being able to swiftly engage stakeholders, correct misinformation, and maintain trust.
Transparency from leadership is also non-negotiable. Leaders who clearly communicate the firm’s strategic thinking and decision-making processes in times of heightened uncertainty not only strengthen stakeholder trust but also mitigate the damaging effects of misinformation. Informal video communications, for example, can appear genuine and relatable, breaking through formalities that often dilute the message’s impact.
Media monitoring has always been an essential part of strong communications programs, but now the demands are even greater. Financial leaders and their communication teams must continuously monitor current events, understand their implications, and proactively shape narratives rather than merely respond to them after the fact.
At MikeWorldWide, we invest in many media tools, some AI-supported, that keep tabs on the enormous volume of news coverage across traditional, social, paid and digital media. These tools also provide a strong analysis of trends, and in some cases can show where the puck may be headed in terms of the virality and believability of certain narratives.
We also see AI as a strategic engine for foresight and trust-building. Our tools don’t just track coverage—they help predict how narratives will evolve, flag reputational risks in real time, and identify emerging sentiment shifts before they go mainstream. We can understand which individuals or outlets will influence the media conversation the most and can determine what course of action to take with reactive or proactive messaging.
For clients navigating crisis scenarios, this means faster response times, targeted corrections of misinformation, and more confidence in high-stakes decision-making. In day-to-day reputation management, AI helps us tailor communications for specific stakeholders, model the impact of messaging, and forecast the virality and credibility of media narratives. These capabilities empower our clients—especially in the financial sector—to lead with transparency, agility, and clarity, transforming uncertainty into a moment for influence.
The new media ecosystem constantly generates content, and financial services firms that fail to stay attuned to real-time developments risk falling behind, potentially resulting in misinformed stakeholders and damaged reputations. But by embracing transparent communication, clearly delineating what they do and do not know, and explaining how they plan to proceed, financial service leaders can transform uncertainty into an opportunity for building trust with stakeholders and clients.
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