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Questions of the Week Results

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Week of 10/12/09 thru 10/16/09

QUESTION - There is a lot of talk about low interest rates here in the United States that is causing a devaluation of the dollar. When do you think the Fed will raise interest rates next?

ANSWERS - A) Within 3 months B) 3 to 6 months C) After 6 months D) After 1 year

Results:

**Congratulations to Tsouli F., Sophia V. & Lilja E. for being this week's winners**

Week of 10/5/09 thru 10/9/09

QUESTION - The price of Gold is roughly $1000. Where do you think the price will be 6 months from now?

ANSWERS - A) Above 1000 B) Below 1000 C) At 1000 (stays the same)

Results:

**Congratulations to Ninva C., Bill H. & Sameera E. for being this week's winners**

Week of 9/21/09 thru 9/25/09

QUESTION - Which currency do you think will perform the best in the next 3 months?

ANSWERS - A) US Dollar (USD) B) British Pound (GBP) C) Japanese Yen (JPY) D) Euro (EUR)

Results:

**Congratulations to Leah M., Hamish B. & Alun S. for being this week's winners**

Week of 9/14/09 thru 9/18/09

QUESTION - ETFs are investment vehicles that act like a mutual fund but trade like a stock. Which of the following is NOT an ETF?

ANSWERS - A) SPY B) DIA C) GOOG D) QQQQ

The correct answer is: C

Results:

**Congratulations to Iris D., Touney R., & Gabriella Q. for being this week's winners**

Week of 9/7/09 thru 9/11/09

QUESTION - The Price-to-Earnings (P/E) ratio is one of the best indicators of a stock and stock market in order to determine a reasonable valuation. Do you think that the current earnings multiple on the S&P 500 is too high right now?

ANSWERS - A) Yes, the P/E for the S&P is too high B) No, the P/E for the S&P is too low C) The P/E for the S&P is just perfect

Results:

**Congratulations to Julian O., Mohd S., & Sabrina W. for being this week's winners**

Week of 8/31/09 thru 9/4/09

QUESTION - The economy has definitely improved in the last couple of months and although we are not technically out of the current recession, many people feel that we will have a double dip recession. Do you feel that there will be a double dip recession?

ANSWERS - A) No, because we are not coming out of the current recession B) No, there will be no double dip recession C) Yes, there will be a double dip recession

Results:

**Congratulations to Adrian R., Herman W., & Jacqueline J. for being this week's winners**

Week of 8/24/09 thru 8/28/09

QUESTION - Just as the S&P 500 and the Dow Jones tracks the US Stock market, the US Dollar Index tracks the value of the US Dollar. There are many currencies that make up the US Dollar Index and the Euro is the largest at 57%, which is the second largest?

ANSWERS - A) CAD - Canadian Dollar B) JPY - Japanese Yen C) GBP - British Pound D) CHF - Swiss Franc

Results:

**Congratulations to Khin N., Lung H., & Patrick C. for being this week's winners**

Week of 8/17/09 thru 8/21/09

QUESTION - The stock market rallied approximately 50% since its March 9th lows, but has shown signs that the rally may be over. Do you believe that the Stock Market rally is over?

ANSWERS - A) No, the Stock Market will continue to rally B) The Stock Market is just in a holding pattern for now C) The Stock Market rally is over D) The Stock Market is going to crash again

Results:

**Congratulations to Peter M., Viktoria S., & Lee F. for being this week's winners**

Week of 8/10/09 thru 8/14/09

QUESTION - The Homebuilders ETF (XHB) is up over 50% in the last a month, a sign that the Real Estate market has bottomed. Do you believe that the Real Estate market has bottomed?

ANSWERS - A) No, the Real Estate market has further to drop B) The Real Estate market has bottomed C) the Real Estate market is going to start to appreciate again D) the Real Estate market is going to take off and soon we will have another bubble

Results:

**Congratulations to Micheal A., Leila A., & Sammy L. for being this week's winners**

Week of 8/3/09 thru 8/7/09

QUESTION - Do you think the government is doing too much and over-stimulating the economy?

ANSWERS - A) No, the government is not doing enough B) The government is doing just enough C) The government is doing too much D) The government has gone nuts with spending and bailouts

Results:

**Congratulations to George P., Amanda M. & Gideon G. for being this week's winners**

Week of 7/27/09 thru 7/31/09

QUESTION - Which factor influences a country's currency the most?

ANSWERS - A) Their stock market B) Their form of government C) Their interest rates D) Their population

Results:

**Congratulations to Chris T., Zeev B., & Eddie W. for being this week's winners**

Week of 7/20/09 thru 7/24/09

QUESTION - The Health Care debate has really heated up in Washington over the last couple of weeks' with a lot of talk in regards to the proposed Health Care Plan. Do you think the proposals with a Government option will.....

ANSWERS - A) Help the economy significantly B) Help a little C) Will not affect the economy at all D) Hurt the economy E) Hurt the economy a lot

Results:

**Congratulations to Mara T., Cheryl Y., & Gino S. for being this week's winners**

Week of 7/13/09 thru 7/17/09

QUESTION - Which Investment do you think is the best hedge against inflation?

ANSWERS - A) Gold B) Oil C) TIPS - Treasury Inflation Protected Securities D) Stocks E) Real Estate

Results:

**Congratulations to Floyd C., Ryan S. & Selamawit T. for being this week's winners**

Week of 7/6/09 thru 7/9/09

QUESTION - (True/False) The US Dollar tends to have a negative correlation with the U.S. Stock Market. In other words, when the U.S. Stock Market does well the US Dollar does poorly, and when the U.S. Stock Market does poorly the US Dollar does well.

ANSWERS - A) True B) False

Results:

**Congratulations to Chua G., Igor M. & Kristen R. for being this week's winners**

Week of 6/29/09 thru 7/2/09

QUESTION - The US Dollar is the world's reserve currency and many countries have called for a more diverse currency reserve system. How much longer do you feel the US dollar would be the world's reserve currency?

ANSWERS - A) Forever B) 5 Years C) 10 Years D) 20 Years E) 50 Years

Results:

**Congratulations to Patrick M., Eddy T. and Ladislas M. for being this week's winners**

Week of 6/22/09 thru 6/26/09

QUESTION - Some countries that export more than they import like to keep their currencies low intentionally, so their goods will be cheaper overseas. Which of these countries/regions would benefit the most from a weak currency?

ANSWERS - A) United States of America B) Canada C) Japan D) United Kingdom E) Euro

Results:

**Congratulations to Azeez K., Adetayo A. and Yvonne Z. for being this week's winners**

Week of 6/15/09 thru 6/19/09

QUESTION - The United States of America was the leading economy of the 20th century. Many people believe that China or perhaps another emerging market will be the leading economy for the 21st century. Check out the 2050 projections. Who do you think will be the leading economy of the 21st Century?

ANSWERS - A) United States of America B) China C) Japan D) United Kingdom E) India

Results:

**Congratulations to Tan G., Patricia and Dennis L. for being this week's winners**

Week of 6/8/09 thru 6/12/09

QUESTION - As previously noted, Australia and the Australian Dollar benefits the most from rising commodities prices. More specifically, Who would benefit the most from continued price increases in oil?

ANSWERS - A) Canada and its Dollar B) US and its Dollar C) Japan and the Yen D) UK and the British Pound

Results:

Once again, this weeks' question was factual and the correct answer is "A" Canada and the Canadian Dollar. Canada is one of the world's largest producers of oil. They benefit a lot from higher oil prices, and for additional reading on this check out Sean's blog earlier this week. Oil has been a Roller Coaster in recent years, so I hope you are finding it interesting to watch.

**Congratulations to Lee S., Richard O. and Benjamin G. for being this week's winners**

Week of 6/1/09 thru 6/5/09

QUESTION - GM has officially filed for Bankruptcy. How long do you think it will take them to come out of Bankruptcy?

ANSWERS - A) 3-6 Months B) 6-12 Months C) 1-2 Years D) 3 Years or more E) Never

Results:

**Congratulations to Thembie M., Ricardo T. & Rodel C. for being this week's winners**

Week of 5/26/09 thru 5/30/09

QUESTION - Many analysts are predicting that commodity prices will continue to rise. Which country do you think manufacturers the most commodities and which currency would benefit from this increase?

ANSWERS - A) Australia and the Australian Dollar B) Japan and the Yen C) UK and the British Pound D) US and its Dollar

Results:

This weeks' question was a factual question and the correct answer is "A" Australia and the Australian Dollar. Australia is the world's largest producer of commodities. They are the leading producer of copper, and amongst the world leaders in many other commodities. As the prices of commodities continue to increase, Australia's economy and the Australian Dollar will benefit from this.

**Congratulations to Daniel K., Stephen W. & Anthony M. for being this week's winners**

Week of 5/16/09 thru 5/22/09

QUESTION - Many people are very concerned that all of the government stimulus being poured into the economy will lead to heavy inflation. What kind of inflation do you think we will see in this economic recovery?

ANSWERS - A) Hyper-inflation 10% or more B) Heavy inflation 5%-7% C) Normal 3% inflation D) No inflation

Results:

**Congratulations to Romeo D., Sollie B. & Saleh K. for being this week's winners**

Week of 5/7/09 thru 5/15/09

QUESTION - The Euro is known as the anti-dollar and the EUR/USD currency pair is currently trading at about 1.33.....Over the next 90 days, where do you think this pair will go?

ANSWERS - A) Significantly Higher to 1.40 B) a little Higher to 1.36 C) Stay about the same at 1.33 D) Go a little lower to 1.29 E) Go a lot lower to 1.24

Results:

**Congratulations to Glenn W., Craig C. & Peter K. for being this week's winners**

Week of 4/27/09 thru 5/6/09

QUESTION - The average 30 year mortgage is currently at 4.8%, where do you think it is going?

ANSWERS - A) Higher B) Staying about the same C) Going lower(4.5%- 4.25%) D) Going a lot lower

Results:

**Congratulations to James O., Azeez K., Andrea M., Art R. & Gabriel F. for being this week's winners**

Week of 4/20/09 thru 4/24/09

QUESTION - The Social Security system is in very bad shape and there will have to be major changes made to this system in the near future. What changes do you think should be and will be made to Social Security?

ANSWERS - A) No change B) Privatization C) Semi-Privatization D) Eliminate Social Security E) Complete Socialism

Results:

**Congratulations to Tina, Steve, Kathy, Hanieh & Compass Designs for being this week's winners**

Week of 4/13/09 thru 4/17/09

QUESTION - The Government is running up huge deficits that somebody is eventually going to have to pay. This will most likely lead to higher taxes. So...5 years from now, what do you think the average tax bracket will be?

ANSWERS - A) Taxes will be less B) about the same C) 5% higher D) 10% higher E) greater than 10% higher

Results:

**Congratulations to James, Charles, Maureen, Smolina12510 & Christy for being this week's winners**

Week of 4/6/09 thru 4/10/09

QUESTION - It took about 24 years for the Dow Jones to recover after the 1929 pre crash high. How long do you think it will take the market to recover from this crash?

ANSWERS - A) 5 years B) 10 years C) 15 years D) 20 years

Results:

**Congratulations to Ziggy, Dumisani & Lisa for being this week's winners**

Week of 3/30/09 thru 4/3/09

QUESTION - On Friday April 3, 2009, the U.S. Unemployment numbers will be announced. Last month, it came in at 8.1%. What do you think it will be this time?

ANSWERS - A) closer to 8% B) closer to 8.5%, C) closer to 9%, D) higher than 9%

Results:

Week of 3/23/09 thru 3/27/09

QUESTION - When do you think the U.S. economy will recover?

ANSWERS - A) 3 months B) 6 months C) 1 year D) much longer than 1 year

Results: