Tuesday, November 01, 2011

CNBC Portfolio Challenge Bonus Bucks Answers for Wednesday, November 2, 2011


CNBC Portfolio Challenge Bonus Bucks Answers for Wednesday, November 2, 2011 and CNBC Million Dollar Portfolio Challenge
Targeted Easing
1. In a live interview on CNBC, Fifth Third Bancorp CEO Kevin Kabat said the bank increased its third quarter earnings through:

ANSWER: “Loan growth, expansion of the margin”

2. How much did UK gross domestic product grow in the third quarter, according to a report from the Office for National Statistics released this week?

ANSWER: 0.5 percent

3. Inflation in China is still running high but latest manufacturing data shows slowing growth. What do analysts at HSBC and RBC say should be China's monetary stance?

Answer: Targeted Easing



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CNBC Bonus Bucks Answers



Original content Bob DeMarco, All American Investor

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