Weekly Review, July 3, 2023
Student loans loom large on the US consumer. Read more ahead:
China promises to cut net carbon emissions. Everyone follows the incentives but in this case they are positive
Another interesting read on how the US consumer will be affected by restart of student loans. Expect to hear a lot more about this with adjustments being made around repayment schedules.
SEC says existing Bitcoin ETFs don’t meet full regulatory requirements. What we have now is the institutionalization of this. They will work with regulators to get this done over time. Collaborative vs argumentative wins.
The promise of AI may be great, but for now, it helps with menial work. “Mundane applications” free up time for important work to be done. This is just the beginning and is incredibly exciting.
Supreme Court rules that States challenge of Student Loan Relief Program has adequate standing, ending plan to potentially cancel up to $20K of student debt for borrowers who met proposal criteria.