1 In 1792, 24 brokers signed an agreement under a specific type of tree, effectively founding the NYSE. What kind of tree was it?
Answer: BUTTONWOOD (10 letters)
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Guess Macro — Tuesday, August 18, 2026
The five questions from Tuesday, August 18, 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.
2 What five letter acronym represents the group of major emerging national economies that expanded in January 2024 to include new members like Egypt, Ethiopia, Iran, and the United Arab Emirates?
Answer: BRICS (5 letters)
3 What specific five letter word refers to a legal entity that holds no active business operations or significant assets but is often used in complex corporate restructurings or to facilitate acquisitions?
Answer: SHELL (5 letters)
4 Which legendary investor and co chairman of Berkshire Hathaway passed away in late 2023 at the age of 99 leaving behind a legacy as the primary architect of the firm's value investing philosophy?
Answer: MUNGER (6 letters)
5 This venture capital term describes a privately held startup company with a post money valuation of at least one billion dollars. Though once rare the number of these entities surged during the low interest rate era of 2020 and 2021 leading to concerns about inflated valuations and unsustainable cash burn rates.
Answer: UNICORN (7 letters)
A privately held startup valued at more than one billion dollars.