Monday, October 03, 2011

CNBC Portfolio Challenge Bonus Bucks Answers for Tuesday, October 4, 2011


CNBC Portfolio Challenge Bonus Bucks Answers for Tuesday, October 4,2011

1. Which investment bank said September's asian equity selloff was caused largely by long-term investors than by short-term investors or hot money outflows?

ANSWER: RBS

2. An economic advisor at Arbuthnot Banking Group predicted on Friday that the United Kingdom will see further monetary stimulus from the government by what time frame?

ANSWER: End of November 2011


3. Which of the following is not cited as a post-March drag on stocks in CNBC.com’s Investor Winterizing special report.

ANSWER: S&P’s downgrade of U.S. credit rating