Thursday, September 29, 2011

CNBC Bonus Bucks Answers for , Friday, September 30, 2011


CNBC Portfolio Challenge Bonus Bucks Answers for Friday, September 30, 2011 and CNBC Million Dollar Portfolio Challenge


1. In the opinion of Morgan Stanley’s Adam Parker, how likely is a “global synchronous recession where deflation becomes more visible?”

ANSWER: 10 percent chance of occurring


2. What reason did Ashraf Laidi give for the euro to drop to 1.29 vs the dollar?

ANSWER: Interest rate differentials


3. Which UK political leader this week said that the country's economy needs to reward small businesses rather than "predators who are just interested in the fast buck"?

ANSWER: Ed Miliband


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CNBC Bonus Bucks Answers for Friday, September 30, 2011 and CNBC Million Dollar Portfolio Challenge