Who isn’t worried about the stock market these days? More importantly, who really understands it? Ok, I know a few people but really all this talk about bear vs. bull markets and a recession inspires a lot of pearl clutching and sleepless nights. Just the word NASDAQ gives me shivers as it sounds like a bunch of old men gargling. Sorry. I thought perhaps I was the only one confused by the stock market it was just me but then SNL nailed it in this bit with Jon Hamm (here it is on You Tube).
As someone who has spent a LOT of time as a check to checker I found it very, very funny.
Then I came across an article that eliminated all confusion about the economy and confirmed my worst fears about an economic downturn. It’s the Stripper Index which is something even my math challenged brain can understand. Manager of a legal brother in England, Catherine De Noire, who holds a Ph.D in organizational psychology and is, of course, an influencer says business is down. Curiously, her brothel business took a nose dive right after the November election.
A U.S. stripper who goes by the name of Vulgar Vanity confirms De Noire findings and agrees her tips as well as her business is down (think empty clubs) and another person who tracks this type of activity claims Nevada legal brothel business is down by 20%.
Sex sells until it doesn’t.
“The ‘stripper index’ is one of those odd but oddly effective indicators” of economic health, said David Kindness, a certified public accountant and finance expert. It tracks how much strippers are earning and how often customers are going to strip clubs, he explained. I love his last name and the fact that he isn’t a self proclaimed influencer.
Who knew? Well, now we know and that, my friends, is a little dose of humor to hopefully help offset tax day.
Cheers!