Consumer spending data just dropped some interesting signals for Q3 GDP projections. The numbers suggest the U.S. economy isn't losing steam yet—retail activity and household expenditures are holding up better than many analysts anticipated. For those watching macro trends and how they ripple into risk assets, this momentum could keep the Fed's playbook complicated. Strong economic data usually means rates stay elevated longer, which historically pressures speculative markets including crypto. Worth keeping an eye on how this plays out through year-end.