Tuesday, 02 January 2024 12:17 GMT

ING Monthly: Already Playing Into Extra Time


(MENAFN- ING) The 2026 World Cup starts today. Traditionally, this is the moment when economists permit themselves a small, sanctioned act of intellectual frivolity. Forget the hard stuff for a week or two. Write something about host nation GDP multipliers, or the peer-reviewed – yes, peer-reviewed – literature on winning World Cup titles and consumer confidence or stock markets. Some even go as far as predicting the future World Cup champion with economic models.

Still, there are times when even the world's most popular distraction feels somehow inappropriate to dive into. This month's macro forecast is one of them.

Carsten Brzeski

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ING

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