2 days ago
- Business
- Irish Independent
Lipstick sales soar and men's underwear slumps: Behind the TikTok craze for recession indicators
Quirky indicators of where the economy may be going are popular on social media. While it may be tempting to dismiss them, these ideas can have tangible effects on how people choose to spend, money experts tell John Meagher
Last month, an English TikTok content creator – known mononymously as Yasmin – posted a video on the platform, titled 'My Recession Indicators'.
The twentysomething listed several indicators that made her believe a recession is imminent.