Wednesday, October 05, 2011

CNBC Portfolio Challenge Bonus Bucks Answers for Wednesday, October 5, 2011


CNBC Portfolio Challenge Bonus Bucks Answers for Wednesday, October 5, 2011 and CNBC Million Dollar Portfolio Challenge

1. According to UBS, if Greece were to default, the U.S. were to experience weak growth (but not a recession) and China were to avoid a hard landing, how much would stocks in Asia ex-Japan fall by?

ANSWER: 18%


2. How does Phillip Carter describe his "Texas Cash Cow Investments" business?

ANSWER: "Instead of doing cattle, we’re doing houses."


3. According to the World Federation of Exchanges, what percentage of the trading that takes place in London involves shares of companies that are based outside of the United Kingdom?

ANSWER: 14 percent


CNBC Bonus Bucks Answers

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