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Guess Macro — Saturday, March 14, 2026

The five questions from Saturday, March 14, 2026, with their answers. This puzzle is no longer playable; today's game is on the home page, and the last seven days can still be played in the practice archive.

1 What is the slang term for a high-risk, high-reward stock that trades for a very low price?

Answer: PENNY (5 letters)

2 Which European city is home to the world’s oldest stock exchange, established in 1602?

Answer: AMSTERDAM (9 letters)

3 What is the term for the difference between the bid price and the ask price?

Answer: SPREAD (6 letters)

The difference between two prices or rates - between a bond's yield and a government benchmark, or between the bid and ask in a quoted market.

More on spread in the glossary

4 What is the term for a period of both stagnant economic growth and high inflation?

Answer: STAGFLATION (11 letters)

The combination of stagnant growth, high unemployment and high inflation at the same time.

More on stagflation in the glossary

5 What is the term for the difference between a property's market value and the amount owed on its mortgage?

Answer: EQUITY (6 letters)

An ownership stake. In a company, the residual claim on assets after all liabilities are settled; on a balance sheet, assets minus liabilities.

More on equity in the glossary

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