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Wall Street’s 2017 Market Predictions: Pathetically Wrong – WSJhttps://www.wsj.com/articles/wall-streets-2017-market-predictions-pathetically-wrong-1511474337As investors’ inboxes once again become clogged with annual outlooks from Wall Street’s scribblers, there is little admission of the nearly universal failure to predict what happened this year. There are two big lessons to learn from the mistakes of the year-end crystal-ball gazing. The first is that when everyone agrees that prices can only go in one direction, it is dangerous. The second is more nuanced: We really know an awful lot less about how the economy works than we thought.
“[Executive-function skills] predict long-term academic success and lifelong well-being,” Bialystok says. “There’s just nothing more important in terms of how this person is going to do in life.”
Public health researchers are beginning to see that changes in how you live are no guarantee of changes in your health.
The idea that lifestyle modification can lead to a better, more illness-free existence is a seductive one. It seems to offer a way of taking real ownership of your health. It implies that, with the right knowledge, you can predict which maladies you stand the greatest chance of facing. This is not, however, how disease actually works.