Everybody needs money. That's why they call it money.

From full global headquarters, this is Motley Fool Money.

It's the Motley Fool Money Radio Show. I'm Chris Hill joining me in studio this week.

From Motley Fool 1, Jason Moser, from Motley Fool Income Investor James Early,

and from Motley Fool's Supernova Matt Argusinger. Good to see you, Jens.

We have got flying drones, flying stocks, and big news in the world of bond investing.

We will dip into the full mail bag, and as always, we'll give you an inside look at the stocks on our radar.

But we begin this week with the big macro. Second quarter GDP grew 4.6%.

The fastest pace the US economy has grown at in nearly three years.

Jason One Economist was quoted as saying, the economy is doing our right now, but it's not off to the races.

The preponderance of evidence is that we're in a moderate growth situation.

Do you agree with that? Or is there another kind of situation you think we're in?

What a buzz killer. Come on. Let's take something good and run with it.

I understand the trepidation there, but I think a lot of that was because from where we came.

Maybe this is a sign that the market isn't as overvalued as some people are saying.

That's been the word on the street lately, is that we're in a bit of a frothy market.

You look at the S&P 500, the index is valued around 19 times earnings, and that's not outlandish.

If you go back to calendar year 2010, it was tipped in the scales at around 25 times.

We were five, six years ago at a pretty low point.

I think that when you think about where we were and where we are now, I think it's easy to want to be cautious, to be cautiously optimistic.

I would put myself in the camp of being cautiously optimistic as well.

But when you see news like this, you have to wonder. Maybe the market isn't as overvalued as people are out there saying.

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