Weekly Update for 8/2/2021

Weekly Economic Update for 8/2/2021

Items discussed:
Weekly Economic Update for 8/2/2021
http://www.dsafinancialgroup.com/economic-updates-financial-articles#210802WeeklyEconomicUpdate

Teenage Wage-Land
http://www.dsafinancialgroup.com/economic-updates-financial-articles#210802TeenageWage-Land

Chinese Stocks Under Pressure
http://www.dsafinancialgroup.com/economic-updates-financial-articles#210802ChineseStocksUnderPressure

The Seeds of Stagflation
https://www.ftportfolios.com/Commentary/EconomicResearch/2021/8/2/the-seeds-of-stagflation

Millennials Are Running Out of Time to Build Wealth
https://www.bloomberg.com/features/2021-millennials-are-running-out-of-time/

Report: 1.9 million households owe $15 billion in back rent as eviction moratorium expires
https://www.thecentersquare.com/national/report-1-9-million-households-owe-15-billion-in-back-rent-as-eviction-moratorium-expires/article_d7b6ea0e-f153-11eb-83d9-47869e994839.html?fbclid=IwAR3OnYzzqz4zzyjrjspMIc0mRxOA4WtfSu3v2eVqNoSw76uhyCqyvaeZhKE

There’s an unemployment cliff coming. More than 7.5 million may fall off
https://www.cnbc.com/2021/08/01/an-unemployment-cliff-is-coming-more-than-7point5-million-may-fall-off.html