The trouble with investment managers' predictions

By now, we all know that macroeconomics and, more so, market reaction to changes in macroeconomic conditions is uncertain and unpredictable. Human beings don't function too well amidst uncertainty, so market participants spend a lot of time making predictions to endear themselves. In fact, some brands are built on making predictions. Something I once read said that the art of making predictions is to make many of them frequently and at regular intervals, too. Even a broken clock is correct at least twice a day, if not more. So, occasionally, a prediction will come right, and that's the one that one should amplify, shout and scream about from rooftops in different forms of "I told you so" expressions while others get forgotten and lost in the noise. The fact that so many people are making predictions makes the job of every predictor easier because no one needs to do much to keep erasing public memory of failed predictions as they get lost in the Teflon-coated resilience, the unscathed hubris of myriad predictors and platforms on which they predicted. The other smart way is to act like you are making it by merely catching a trend which already started to play out. Still, you say it loudly, agonisingly and make it so personal and soul-stirring for the audience you point it out to everyone and