Wednesday, November 2, 2011

CNBC Million Dollar Stock Portfolio Challenge

Answers for November 2, 2011
CNBC Million Dollar Stock Portfolio Challenge
Questions & Answers

Question #1. In a live interview on CNBC, Fifth Third Bancorp CEO Kevin Kabat said the bank increased its third quarter earnings through:

Answer 1: A. “Loan growth, expansion of the margin”

Question #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 2: 0.5 percent

Question #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 3: C. Targeted Easing



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