Wall Street in the Bolao: Sub-prime deja vu?

When Goldman Sachs, UBS and PricewaterhouseCoopers heard about Bolao da Copa they immediately put their staff to work and did an in-depth analysis to predict the results of the World Cup. The 3 of them coincided that Brazil will be the champion in South Africa 2010. The one WallStreet Boy to differ was JP Morgan, who has predicted that it will be England the one to lift the cup in the African continent. John Hawksworth, lead macroeconomist of PricewaterhouseCoopers, reacted: "Brazil is still the favorite to lift the cup, it is the #1 football nation and is the only country to have won the World Cup outside of its region".

Goldman, Standard and Poors, and Commerzbank have made available their technical papers here.

While we invite our readers to freely express their opinions below, we wonder: Is Wall Street trying to turn Bolao da Copa into the next ASSET BUBBLE ?