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Podcast: KMOX At Your Service
Episode: Why Market Predictions are Usually Wrong
Description: Dave Simons is At Your Service! In the first hour of tonight’s show, Dave shares the predicted forecast of snow for St. Louis this Thursday. Speaking of predictions, Dave explains why market strategists’ economic predictions are vastly wrong, what hindsight bias means as an investor, and why you shouldn't base your investments purely off a stock's recent performance.