Why do financial pundits like to predict what has already happened?

September 10, 2022 #already, #financial, #first, #happened?, #times, #why?

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As far as I know, it’s already down 30%! It used to be trading at close to NT$55!!! And according to the NYTimes, it’s not the first time! Sterling at the Brink – The New York Times (nytimes.com)