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Elon Musk Retweets EpochAIResearch: US GDP Understated by ~0.3% Due to Missed Nvidia Value
Elon Musk retweeted a post from EpochAIResearch, which stated that US GDP statistics miss most of the value Nvidia adds to the US economy. As a result, GDP growth has been understated by approximately 0.3 percentage points over the last year.
Source：X@elonmusk · Source Link
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Previous: Ed Al-Hussainy, portfolio manager at Columbia Threadneedle Investments, noted that emerging market currencies are strengthening due to carry trades and high real yields, while the dollar's underperformance is partly due to the Federal Reserve's slower pace of interest rate hikes compared to other central banks.
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Next: India's central bank's forex swap tool attracted $73 billion in less than 3 months, setting a new record for the country's largest forex mobilization and closing early.
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