[South Africa 2010] Higher GDP makes footballers more attractive
Some August fun below.
A new paper from the University of Toronto’s Feng Chi and Nathan Yang seeks to determine whether there’s a link between social status and wealth. In particular, it tries to examine a possible connection via the perceived social status of 2010 World Cup football players and their country’s GDP per capita.
[South Africa 2010] Paul the octopus, conqueror of quants
Spain won.
Paul the Octopus was right.
And FT Alphaville, for one, welcomes our new cephalopod overlords.
Because from our reading of the results of the World Cup forecasting contest run by the data predictor chaps at Kaggle,
[South Africa 2010] Anything but Holland vs Germany…?
Here’s a note from Gary Jenkins, head of fixed income at Evolution Securities, on Tuesday regarding what could be a very inauspicious signal for the stock market emanating from this year’s World Cup.
As Jenkins points out:
[South Africa 2010] The World Cup effect
Courtesy of Standard Chartered:
Asset markets have gradually drifted higher over the last fortnight, as mixed signals on both the fundamental and technical fronts kept market participants looking for clues to future market direction.
[South Africa 2010] Introducing the Soccer Power Index
After an inconclusive World Cup opener on Friday, we’re still on the look-out for decent prediction models for who’s going to win.
This one’s looking good, even if (horror!) market quants didn’t design it:
[South Africa 2010] Take on the World Cup quants
Data prediction site, Kaggle, has, er, borrowed FT Alphaville’s prize collection of World Cup notes.
But, being the light-hearted new media types that we are, we won’t hold that against them.
No,
[South Africa 2010] Two very different quant models say Brazil will win World Cup
Continuing our recent theme of financial analysts-turned-football-experts, we bring you a Friday edition of 2010 World Cup predictions. This time the conjectures come from two different financial outfits,
[South Africa 2010] England sponsor confident England will lose
Not really (probably).
However, England-squad sponsor Nationwide are offering four-year ‘football bonds’ with a bonus, should the team win the 2010 World Cup:
(Will the JP Morgan quants be investing?)
Odds at most British bookmakers for England to triumph in the Cup are currently 6/1.
[South Africa 2010] England to win World Cup, says JPM quant model
And we all know those are never wrong, right?
With the 2010 World Cup a mere three weeks away, the trickle of investment bank World Cup research continues apace. Yes, suddenly all the analysts have become football experts going on bookies.
[South Africa 2010] UBS on which stocks – and teams – will win the 2010 World Cup
Expect to see more of these in the coming weeks — the World Cup is, after all, less than a month away.
The analysts at UBS have taken a break from the sovereign debt crisis to make some World Cup “just for kicks”
[South Africa 2010] World Cup beer goggles = 180bps
A World Cup without beer is like cricket without Pimm’s.
Or a night out in Essex without an alcopop.
But how much does hosting a World Cup football tournament actually boost local beer sales?
According to Sanford Bernstein analysts Trevor Stirling,
[South Africa 2010] South Africa: back of the net – not
What happens when your favourite emerging market gets the nod to host a major world sporting event? Sadly, surprisingly little; trends matter more.
A Citi note on Tuesday cuts through South Africa’s World Cup fever:
[South Africa 2010] The World Cup pairs trade (ex-Spain)
New research published by the Paris-based equity strategy team at Societe Generale suggests the common assumption that the (non-American) football World Cup has a positive economic impact on the host and winner countries is actually false.
[South Africa 2010] The Germans always win
The joys of the World Cup are plenty.
Those in England can beam with pride as Wags go shopping, chairs are thrown through restaurant windows, and much of the country’s media succumb to collective hysteria and mouth-foaming jingoism.
[South Africa 2010] World Cups good for tourism, bad for industrial production, BofAML says
The 2010 World Cup will add at least 0.5 percentage points to South Africa’s GDP growth, analysts at Bank of America Merrill Lynch said in a note on Monday.
But while the sporting event will boost retail sales and other consumption spending as well as tourism,