What do you think of tonight's GDP and PCE data? At first glance, the data feels explosive. The year-on-year GDP growth of -0.3% in the first quarter was much lower than the previous value and expectations, and the PCE data in the first quarter was much higher than expected, but the market only experienced a slight decline and did not plummet sharply. The core is still that this time the data is still torn apart: 1. The actual GDP in the first quarter decreased by -0.3%, but the indicator measuring domestic demand - actual final sales to domestic private buyers (GDP)