Gold Prices Rise as Oil Slump Eases Fed Rate Hike Fears 
South Korea, US Discuss Warship Building Cooperation 
Gold Drops Over 1% as Dollar, Treasury Yields Surge on Fed Rate Hike Bets 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
U.S. 10-Year Treasury Yield Hits 2007 High as Fed Rate Hike Bets Rise 
Wall Street Falls as Treasury Yields Surge, Oil Rebounds on Iran Tensions 
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
Oil Prices Extend Losses as U.S.-Iran Talks Ease Supply Fears 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
European Stocks Slip as Iran Tensions Offset Strong Eurozone Data 
Add as a preferred source on Google
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.
