J.P. Morgan analysts have used statistical modeling to predict that England will win the World Cup for the first time since 1966 in South Africa this summer. Unsurprisingly, the team arriving at this conclusion is based in London.
Though the analyst team's location is known, it remains unclear whether it spent any time in the past making predictions about less useful things such as the crash of the CDO market or the decline of the Greek economy. Without knowing such details about possible past predictions, Blawgconomics will withhold its endorsement of the team's analysis...for now.
However, if it were discovered that the Londoners were recommending, say, shorting the Euro right now, we just might be inclined to open a Ladbrokes account and put a few quid on the Three Lions.
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