GDP grew 1.4%, deflator 3.6% — most of the “growth” is inflation. Productivity is terrible. Forget shutdown excuses. PCE spikes, GDP crashes 68% sequentially — stagflation alert

For those arguing the GDP data "isn't that bad" due to the gov't shutdown, the ACTUAL data DISAGREES. The GDP Deflator came in at 3.6% – meaning most of the 1.4% GDP was inflation, NOT real growth. Forget the shutdown excuse. The weakness is real, and productivity is terrible. https://t.co/W13nd3nZAh pic.twitter.com/f88eUhdNRX — Gordon Johnson (@GordonJohnson19) …

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More than 50% of revenue is paper? Nvidia’s revenues rose by nearly $4 billion sequentially. Accounts receivable rose by $2.4 billion.

Revenues rose by nearly $4 billion sequentially. AR rose by less than $2.4 billion. — funwithnumberz (@funwithnumberz) May 22, 2024 Accounts receivable represent the money owed to Nvidia by its customers for products or services that have been delivered but NOT yet paid for. An increase in accounts receivable indicates that while Nvidia has made …

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