Signs of a slowing recession: The stripper effect
Did we mean “slowing economy?” No.
The world moves fast. Keep up.
Remember Twitter user “reversecowgirl69”? (Neither do we). Last year, the stripper posted:
That was May 2022. Over the next seven months, the economy descended into chaos.
But that’s changing again… Recently, she told The Guardian of a stunning turnaround in January:
- In her career, she’s never heard of or seen a better January than December.
- She’s also seeing more rooms booked and more bottles purchased.
It’s one of many alternative ways to track recessions that can give investors an earlier signal or confirmation. Plus, it beats looking at boring ol’ GDP, jobs and manufacturing data.
Here are some other popular ones:
- Lipstick purchases (affordable luxury > expensive dresses)
- Men’s underwear (sales are often steady, so when they do drop, 🏃♂️)
- Hair color (cutting expensive salon dye treatments)
- Office fridge space (more people bringing lunches)
- Dating app usage (the cheaper way to meet someone)
Can’t afford to be legally blonde? Consider yourself a “recession brunette.”