TikTok's Recession Obsession: Lipstick, Labubu, and Hemlines

Gen Z is turning to TikTok to predict the next recession using unusual indicators like lipstick sales and toy crazes! Are these viral theories legit, or just a modern twist on old economic myths like the Lipstick Index and the Men's Underwear Index? We dive into the truth behind these quirky signals, and whether they can actually predict economic downturns. Hosted on Acast. See acast.com/privacy for more information.