Can trusting your feelings help you predict the future?

People who trusted their feelings more were better able to predict elections, movie box office results, the winner of American Idol, the stock market, college football, and the weather:

Eight studies reveal an intriguing phenomenon: individuals who have higher trust in their feelings can predict the outcomes of future events better than individuals with lower trust in their feelings. This emotional oracle effect was found across a variety of prediction domains, including (a) the 2008 US Democratic presidential nomination, (b) movie box-office success, (c) the winner of American Idol, (d) the stock market, (e) college football, and even (f) the weather. It is mostly high trust in feelings that improves prediction accuracy rather than low trust in feelings that impairs it. However, the effect occurs only among individuals who possess sufficient background knowledge about the prediction domain, and it dissipates when the prediction criterion becomes inherently unpredictable. The authors hypothesize that the effect arises because trusting oneâs feelings encourages access to a âprivileged windowâ into the vast amount of predictive information that people learn, often unconsciously, about their environments.

Source: “Feeling the Future: The Emotional Oracle Effect” from Journal of Consumer Research