It may come as a surprise to some, but having tried – and failed – to predict the performance of virtually every asset class in 2016, Goldman is now forecasting the results of games from Euro 2016. It will not come as a surprise, however, that out of today’s 2 games played so far, Goldman has been 0 for 2.

With Romania beating Switzerland 1-0, while Russia unexpectedly was defeated by Slovakia 1:2, Goldman’s prediction? A tie for both games.

Source: Goldman Sachs Global Investment Research

This may be bad news for France which is playing Albania shortly and which Goldman sees winning 3:1. Needless to say, if Goldman is off, there will be even more riots in Paris.

Also, we have bad news for Germany, which Goldman see winning everything.

 

Finally, considering Russia is near expulsion from the competition, we are confident that after the following news, the committee will issue a comparable warning to the English team as well.

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