It has been a strange week for money. A storied Wall Street bank started quietly lining up its next boss, one of the fall's most anticipated gadget IPOs got shelved, and the cost of borrowing hit levels not seen in nearly two decades. Stocks sank to open the week as bond yields jumped, and by Tuesday morning even crypto was doing something interesting. If you have been doomscrolling the finance corner of the internet, this money markets quiz is your chance to prove it paid off.
Here is how this money markets quiz works. Six questions, three options each, and the full answers with explanations are waiting at the bottom of the page. No peeking until you have locked in your picks. A perfect score means you can officially hold court the next time any group chat drifts toward the economy.
This week's money markets quiz: the questions
Question one: the corner office shuffle
Which bank's board has reportedly discussed a plan to make president and chief operating officer John Waldron its next chief executive?
A) JPMorgan Chase
B) Goldman Sachs
C) Morgan Stanley
Question two: the ring that is not going public (yet)
Which wearables company just postponed its Nasdaq debut, announcing the delay "despite strong demand"?
A) Fitbit
B) Oura
C) Whoop
Question three: the cost of borrowing
What milestone did the ten-year Treasury yield just reach?
A) A record low
B) A nineteen-year high
C) It barely moved all week
Question four: the shiny stuff
Gold futures ticked higher on Tuesday morning. Where did they land?
A) Under four thousand dollars an ounce
B) Four thousand one hundred eighty-five dollars an ounce
C) Flat, down to the cent
Question five: black gold
What happened to crude oil futures on Tuesday morning?
A) They jumped to a new record
B) They fell about one point four percent to ninety-one dollars and thirty cents a barrel
C) Trading was halted for the day
Question six: digital gold
Where was bitcoin trading on Tuesday?
A) Below eighty thousand dollars
B) Eighty-four thousand four hundred dollars, up from Monday's low of eighty-two thousand five hundred
C) It barely budged from the weekend
The money markets quiz answers (no peeking was allowed)
How did you do on the money markets quiz? Here is every answer in this money markets quiz, with the receipts.
One: B. According to the Wall Street Journal, as reported by Reuters, Goldman Sachs directors have discussed a succession plan that would see Waldron replace David Solomon, with the handover targeted for late twenty twenty-seven or twenty twenty-eight. Solomon, sixty-four, would stay on as executive chairman for a year or two. Waldron, fifty-seven, has been the bank's number two for years, and Goldman handed both men eighty-million-dollar retention bonuses in January twenty twenty-five to keep the team together. Solomon took command in October twenty eighteen, and the firm's share price has quadrupled since.
Two: B. Oura, the Finnish maker of health-tracking smart rings, said Tuesday it was postponing its initial public offering because of "uncertainty in the IPO market," Investopedia reported. The interesting part is that the company says demand was strong anyway. Oura reported more than a billion dollars in sales in the first three quarters of its fiscal year, up from under seven hundred million the year before, and it counts five point seven million paying members. Chief executive Tom Hale said an IPO is "just one step in our journey" and that the company has "the luxury of choosing our moment." The rings, which track sleep, heart rate and body temperature and can cost as much as five hundred dollars, have shown up on the hands of celebrities including Lady Gaga and Coco Gauff, according to NPR Illinois. Our rundown of five money moves for a Fed rate-hike era pairs nicely with this story.
Three: B. The ten-year Treasury yield sat near five point two percent on Tuesday, after Monday's close of five point two four percent set a new nineteen-year high, Investopedia reported. Stocks sank to open the week as yields jumped, driven by renewed inflation worries tied to the Iran war after President Trump rejected deal talks over the weekend.
Four: B. Gold futures ticked higher to four thousand one hundred eighty-five dollars an ounce, per that same Investopedia market roundup. When yields spike and geopolitics wobble, investors tend to reach for the shiny hedge.
Five: B. Crude oil futures fell about one point four percent to ninety-one dollars and thirty cents a barrel on Tuesday morning, also per Investopedia. If oil keeps sliding, it takes some pressure off inflation, which is exactly what bond markets want to see.
Six: B. Bitcoin traded at eighty-four thousand four hundred dollars, up from Monday's low of eighty-two thousand five hundred, according to Investopedia. Crypto caught a small bid while stocks steadied. Curious how fast money moves when markets get jumpy? We looked at a month of rapid-fire stock trading earlier this year.
Scoring time. Six out of six on this money markets quiz, and you should honestly consider starting a finance newsletter. Four or five means your scrolling is doing real work. Two or three means you absorbed the vibes but not the numbers. Zero or one means, well, at least this money markets quiz taught you something.
Want to keep your money markets quiz streak going? Our Gen Z ETF investing playbook is the calm, boring companion to a week like this one.
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