This is the hallmark of a proper theory: it makes predictions that can then be tested.

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No, the reason that science progresses despite confirmation bias is partly that it makes testable predictions, but even more that it prevents monopoly.

WSJ: The Benefits of Scientific Rivalry | Mind & Matter

The mere fact that so many analysts are now predicting such a scenario makes it less likely to occur, as history has proven most analysts are wrong in their market predictions most of the time.

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