While we should be sceptical of any and all "models" of reality, we can't lump them all together. Macroeconomic models have had spectacular fails but are funda

While we should be sceptical of any and all "models" of reality, we can't lump them all together. Macroeconomic models have had spectacular fails but are fundamentally a semi-honest attempt to understand how the economy evolves (Only "semi" because ideology can be quite limiting). Climate change models have a strong physical component that is neither made-up nor manipulated, but may suffer from not capturing biosphere dynamics all its complexity. Thats why there is uncertainty range around scenarios. Long term investment decisions are in any case never based on TA. That technique is really a made-up pseudoscience tailored to provide comfort and talking points to the widest possible trading audience.