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From Fool Global Headquarters, this is Motley Fool Money.

Welcome to Motley Fool Money. Thanks for being here. I'm your host, Chris Hell, and joining

me in studio this week for Million Dollar Portfolio, Ron Gross, from Motley Fool Global

gains Tim Hansen and from Motley Fool Hidden Gems, Seth Jason. Guys, good to see you as always.

How are you doing? We got a lot of earnings this week. We've got the latest on Starbucks,

Whole Foods, as well as a couple of hot IPOs. Plus, as always, a few stocks on our radar.

But we begin, unfortunately, with the big macro. With the debt ceiling drama continuing as the

August 2nd deadline looms, on Friday came the news that America's economy in the most recent quarter

grew just 1.3%. Tim Hansen, I'll start with you. The word I kept seeing in all the media reports

online was anemic. Yeah, if this were Shakespeare, I think we've moved on from drama to tragedy at this

point relative to this whole debt ceiling issue. But comedy's coming soon, right? Yes.

One can only hold it. It's interlaced throughout. You know, 1.3% GDP growth is obviously

pathetic and rising interest rates that could result from any sort of default or downgrade

would obviously compound that problem. Frankly, I'm getting pessimistic that a deal is done.

Obviously, we're taving this before we know what exactly is going to materialize,

but I would say I'm not optimistic. You know what's more pathetic than 1.3% growth?

How about that 0.4% from the prior quarter or whatever? Well, that originally revised.

I thought you were going to say that John Banner is now the most reasonable man.

Come on, folks, there's an orange man who cries all the time and he's the one we're looking to

for leadership here. Now this, I was reading a Morningstar report and they were going through

possible bond market fallout from this and they said, yeah, really not such a big deal,

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