Jun 11, 2021
England hope to break awful record of NEVER having won opening Euros game as all nine attempts revealed
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ENGLAND will try to make history on Sunday — by winning their opening match at the Euros for the FIRST time.
In NINE tournaments the Three Lions have failed to fire - and the nation is praying for this will change on Sunday.
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Croatia are the opponents - the side that handed Gareth Southgate and his charges World Cup semi-final heartbreak three years ago.
Here SunSport's Martin Lipton looks at a trail of Three Lions failure.1968 - England 0 Yugoslavia 1
A kick-fest in Florence saw Alan Mullery become the first England player to see red.
Following Dragan Dzajic’s winner, Mullery — raging after a rake on his ankle — booted assailant Dobrivoje Trivic where it hurts.10Mullery saw red and England's hopes were soon overCredit: PA 1980 - England 1 Belgium 1
Back in a tournament for the first time since the 1970 World Cup.
Ray Wilkins opened the scoring in Turin when he chipped the Belgian defence and lofted home but Jan Ceulemans levelled seconds later.10Wilkins fired England ahead with a sumptuous chipCredit: PA:Empics Sport
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Bobby Robson's men went to West Germany among the favourites — and lost all three group games.
Ray Houghton steered home a header after a Kenny Sansom miscue was nodded on by John Aldridge.10Houghton was the hero with this powerful header to seal successCredit: DPA 1992 - England 0 Denmark 0
With Yugoslavia banned, the Danes got a late call-up — but England looked like they had come ‘off the beach’.
John Jensen’s slow-motion shot hit the post and trickled into Chris Woods’ hands in this dull affair in Malmo.10England toiled in a dull 0-0 draw with DenmarkCredit: Getty Images - Getty
EURO 2020 BETTING SPECIAL - GET £1 FREE BET FOR EVERY SHOT ON TARGET YOUR GOLDEN BOOT SELECTION HAS1996 - England 1 Switzerland 1
Alan Shearer ended his 12-match scoreless run with a rising angled drive from Paul Ince’s threaded pass.
But England lost their way at Wembley and the Swiss equalised from the spot after Stuart Pearce handled.10Shearer ended a barren run with a blasting goalCredit: Reuters 2000 - England 2 Portgual 3
Kevin Keegan's side made a flying start and were 2-0 up after 18 minutes in Eindhoven.
Paul Scholes missed a chance for his second before Luis Figo took control, with Nuno Gomes slamming in the winner before the hour.10Nuno Gomes completed a stunning comeback from PortugalCredit: News Group Newspapers Ltd 2004 - England 1 France 2
Sven-Goran Eriksson's men blew it in three minutes of injury time in Lisbon.
David Beckham missed a penalty after Frank Lampard’s opener. Zinedine Zidane levelled and then won it from the spot in added time.10Zidane was the hero for Les Bleus in 2012 with this late penaltyCredit: Times Newspapers Ltd 2012 - England 1 France 1
James Milner had rolled the ball wide of a vacant net before Joleon Lescott’s header in Donetsk.
But they could not hold on to the lead as Samir Nasri was given time and space to pick his spot from 20 yards.10Lescott's goal was cancelled out by a Samir Nasri strikeCredit: AFP 2016 - England 1 Russia 1
Another lead blown in injury time after playing some outstanding football in the first half in Marseilles.
Eric Dier’s free-kick soared into the net with 17 minutes to go but Vasili Berezutski struck in added time.10Dier rocketed home a free-kick, but England were pegged backCredit: EPA
⚽ Read our Football live blog for the very latest news from around the groundsEngland vs Croatia live stream, TV channel and kick-off time and team news for Euro 2020 match
News Source: the-sun.com
Beware of inflation 'headwinds': It could take a year to break even after a 10% to 20% market correction, economist Mark Zandi warns
VIDEO1:0201:02'Headwinds are building' for risk assets, economist Mark Zandi warnsTrading Nation
Moody's Analytics Mark Zandi has a message for investors: Brace for a significant market correction.
The firm's chief economist expects a more hawkish Federal Reserve will spark a 10% to 20% pullback.
And, unlike the sharp drops over the past several years, Zandi anticipates a quick recovery won't be in the cards particularly because the market is richly valued. He estimates it could take a year to return to break even.
"The headwinds are building for the equity market," Zandi told CNBC's "Trading Nation" on Friday. "The Federal Reserve has got to switch gears here because the economy is so strong."
He suggests the correction may already be underway because investors are starting to get spooked.
The Dow just saw its biggest weekly loss since October 2020, tumbling 3.45%.The broader S&P 500 saw its worst week since late February. The tech-heavy Nasdaq also had a losing week, but it's just 1.28% off its all-time high.
Despite his market warning, Zandi believes the economy will avert a recession because the downturn is more about risk asset prices getting overextended than a serious fundamental issue.
"The economy is going to be rip-roaring," he said. "Unemployment is going to be low. Wage growth is going to be strong."
Zandi has been ringing the alarm on inflation for months.
On "Trading Nation" in early March, Zandi asserted inflation was "dead ahead" and investors weren't fully grasping the risks. According to Zandi, it's still a problem affecting stock market and bond investors. Zandi sees little chance the benchmark 10-year Treasury Note yield will keep falling.
"I wouldn't count on rates staying at 1.5% for very long given what's going on," he added.
Stocks and bonds aren't the only risk assets catching his attention. Zandi also sees more trouble brewing in the commodities and cryptocurrency sell-offs. Plus, he's worried about the sustainability of a strong housing market amid higher mortgage rates.
"Inflation is going to be higher than it was pre-pandemic," Zandi said. "The Fed has been struggling for at least a quarter of a century to get inflation up, and I think they'll be able to get that."
DisclaimerVIDEO6:2006:20Economist Mark Zandi warns stocks are vulnerable to a 10% to 20% correctionTrading Nation