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- Five major banks predicted the outcome of the World Cup in Russia, and all but one got it wrong.
- Goldman Sachs forecast that Brazil would lift the trophy, while UBS backed Germany.
- Banks were afflicted by the sheer unpredictability of this year’s tournament, which saw Croatia make it all the way to the final.
The 2018 World Cup, which ended Sunday, was an almost unequivocal success. The soccer was scintillating, there was little trouble away from the pitch, and the controversial VAR replay system largely delivered as promised.
As with any World Cup, numerous players rose to the occasion, with a breakout performance from France’s Kylian Mbappe among the highlights.See the rest of the story at Business Insider
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