Cathie Wood
@CathieDWood · Apr 25, 2023
Shocking! In Q1, 3M organic local currency sales - a gauge of global nominal GDP - dropped 5.6% YOY with US up 0.4%, Europe down 3.9%, and Asia down 16.7%. Consensus nominal GDP growth for US is +7% YOY. When will the Fed and economists start responding to the real world?
Elon Musk
@elonmusk
Are they simply looking at old data or ignoring the bad data that they have?
12:33 PM · April 25, 2023 · 1.3M views
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