On its face, the retail sales report from the U.S. Census Bureau for June showed some weakness, with the headline number rising 0.2% last month versus forecasts for 0.5% and May’s 0.5%. However, the retail sales “control group” – which filters out some components to compile a more precise gauge of consumer spending – rose 0.6% in June, more than double May’s pace and far ahead of estimates for a decline of 0.3%.
Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?
Unfortunately however, the legislative measure is now heading to the desk of President Joseph Biden, who has vowed to veto...