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Weekly Market Recap: Market Overbought In Short Term, Though Bullish Uptrend Still In Play

Wealthion - Be Financially Resilient

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The Effects of the Student Loan Repayment on Liquidity

45 million affected students have to start payments again no later than August 30th. In the past five months, the TGA dropped 360 billion of actual not annualized dollars. Looking forward, assuming the treasury raises 650 billion to put on deposit at the Fed in the next three months, that would amount to a drain equal to almost 10% of three months of nominal GDP. This switch from add to drain is meaningful.

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