Debugger brakes rapidly on app load

Describe the bug
I installed the latest version of vscode today (with the new debugger) and since then every time I run the app the debugger brakes and continues rapidly until the app loads (see attached gif).

(lunching the app from chrome directly will not cause that issue)

About the setup:
I am running Angular 8.2.3
with chrome dev tools open:

"name": "Chrome qdev",
"type": "chrome",
"request": "launch",
"port": 9876,
"url": "http://localhost.<URL>:4200",
"runtimeArgs": [
                "--auto-open-devtools-for-tabs"
],
"sourceMaps": true,
"smartStep": true,
"skipFiles": [
                "node_modules/*"
],
...

I also tried to see if adding remote-debugging-port=9876 makes any difference, and it didn't.

Log File
I noticed there are a lot of calls to Debugger.resumed in the log, but I am not sure what's causing it and how to continue from here.
vscode-debugadapter-1.json.gz

VS Code Version: 1.47

Additional context
OS: windows 10
I am using HMR but I also tried without it, go similar results.

Thanks!