Goldman Sachs predicts Spain has 26% chance of winning World Cup
By
Auzinea Bacon
Summary
Goldman Sachs released a report predicting World Cup winner odds, with Spain having a 26% chance of winning, followed by France (19%) and Argentina (14%). The investment bank's chief economist Jan Hatzius led the analysis, marking an unusual foray by a major financial institution into sports prediction markets traditionally dominated by betting sites.
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Key quotes
· 2 pulledGoldman Sachs, possibly the most buttoned-up of all the big investment banks, released a report on Friday led by chief economist and head of Global Investment Research, Jan Hatzius, listing the odds of potential World Cup winners.
The bank says Spain has a 26% chance of winning, followed by France (19%) and Argentina (14%).
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