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THE WORLD CUP AND ECONOMICS: Keep Calm and Kane On (02 July)
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THE WORLD CUP AND ECONOMICS: Keep Calm and Kane On (02 July)
Economics Research
2 July 2026 | 6:28AM EDT
THE WORLD CUP AND ECONOMICS
Keep Calm and Kane On (02 July)
It was tougher than expected for England to advance. After an early goal by DR Jan Hatzius
+1(212)902-0394 | jan.hatzius@gs.com
Congo, a wonderful performance by Congolese goalkeeper Mpasi kept the Africans Goldman Sachs & Co. LLC
ahead for most of the game. Harry Kane stepped up late in the second half and Giovanni Pierdomenico
scored twice in the last 15 minutes to send the Three Lions to the round of 16. +44(20)7051-6807giovanni.pierdomenico@gs.com|
England will now face Mexico at the Azteca on July 5th in one of the most anticipated Goldman Sachs International
Sven Jari Stehngames of the round of 16. +44(20)7774-8061 | jari.stehn@gs.com
Goldman Sachs International
Belgium-Senegal was an even greater whirlwind of emotions. Down 0-2 late in the
second half, Belgium’s Lukaku narrowed the gap in the 86th minute and Tielemans
sent the game to extra time with a header three minutes later. A penalty was
awarded to Belgium in the stoppage time of extra time. From 12 yards, Belgium’s
captain Tielemans scored the latest goal in World Cup history to win the game.
After scoring the opener late in the first half against Bosnia, Folarin Balogun was
shown a straight red card in the 64th minute, which complicated the game for the
USA. Despite being down to 10 men, the co-hosts sealed the game with a wonderful
direct free kick from Tillman and advanced to the round of 16. The country roads will
now take them to Seattle, where they will face Belgium on July 6th.
Exhibit 1 shows our expectations for today’s games. Exhibit 2 outlines the key
predictions of our model for the knockout stage. See here for more details on our
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