If data analysts are right, then Brazil should be preparing to sew a sixth star on its football uniform. Simulations run by Goldman Sachs give Brazil an 18.5 percent chance of winning this year’s World Cup title. Brazil is also the favorite for data analysis site FiveThirtyEight.
Here’s how FiveThirtyEight reached its conclusion and made Brazil the favorites (countries in red have already been eliminated from the tournament):
But if that prediction were to come true, at least one group of people in Brazil would not be ecstatic: stock market operators. That’s because World Cup matches are like holidays in Brazil – taking operators away from their desks and drastically reducing the amount of money traded in the country.