recession

Lipstick Index (MM #5322)

Have you ever heard of the lipstick index? It’s a term economists use to gauge whether we’re on the way to a recession. They base it on the idea that people buy certain items in advance, in bulk, when the economy starts to go south. For women, things like lipstick, eye shadow, and most makeup…

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401k (MM #5137)

If you have a 401k, IRA, or any other type of retirement account that relies on stocks and bonds, you’re likely feeling nervous right now. With the potential for a recession near and the on-again, off-again tariffs from the White House looming, it only makes sense to worry. The closer you are to retirement age…

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Precious Metals (MM #4180)

When times are tough and threats of a recession loom, there’s always a rise in catalytic converter thefts. It’s all about the precious metals inside them. Thieves will go underneath your car, cut out the converter, and then sell it to a scrap dealer for hundreds of dollars. There has to be an obvious way…

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