Every four years some economists turn their talent for making predictions about global finance to the topic of the World Cup. Will Iceland or Panama lift the trophy this year, or perhaps hosts Russia?
Forecasters at Swiss bank UBS on Thursday came up with a more, well, predictable choice: Germany.
UBS sees a 24 percent probability that Germany, who won in 2014 will win the July 15 final, with Brazil and Spain the next most likely teams to succeed, with a 19.8 percent and 16.1 percent chance respectively.
"Germany and Brazil are set for an easy start, while Spain will have to hit the ground running if they are to beat Portugal, the current European champions, in their opening game," said Michael Bolliger, head of emerging market asset allocation in a report that used econometric forecasting tools.
Source : The daily Star
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by eesteem from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit