Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand 
Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Yen Slides as BOJ Caution Undercuts Rate Hike Impact 
Oil Prices Climb in Asian Trade as Venezuela Sanctions and Middle East Tensions Fuel Risk Premium 
EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls 
President Trump may continue to tout his economic performance and calling the current state of the economy as the greatest ever. If the unemployment rate is the only measure, then this might truly be the greatest U.S. economy ever, but if we hover beyond just the unemployment rates, and look into labor force participation and growth forecasts, the story is different.
Last week’s non-farm payroll report showed that despite the ‘greatest economy ever’, the labour force participation rate is multi-decade low, while last night’s ‘GDPNow’ forecast projected U.S. economic growth at just 1.4 percent for the 2nd quarter of 2019, which s higher by just 0.1 percent compared to the previous forecast on 5th July.
If 1.4 percent turns out to be the final GDP reading, it would be the weakest growth in 10 quarters.
