The extension of Federal Student Loan payments seems to me t...

The extension of Federal Student Loan payments seems to me to signal more. Americans currently owe more in student loans than on mortgages. Think about that! There is nothing to foreclose on, that's scary.

The bubble is way bigger than the 2008 Morgage Crisis was. So, I think Biden is thinking if he can hold off on the collapse of the SL system, until he can pass SL debt forgiveness, it will play nicely with the fall mid-terms and the economy. The next few months will tell a lot. A end to the war in Ukraine would help a lot with inflation on wheat and many other crops, sooner, rather than later.

IMHO, it's a time to cut discretionary spending and store up on stock when it dips. The frontrunners coming out of this cycle will be the next FAANG stocks. My money is on tech related to Web3, for what it's worth.