ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Hairstylist reveals the go-to look for women that predicts when the economy is bad

After the stripper index, the hairstylist has shared a new barometer to gauge the economy.
UPDATED AUG 19, 2024
Representative image | Unsplash | Photo by Theme Photos
Representative image | Unsplash | Photo by Theme Photos

Back in 2022, a New York stripper, @botticellibimbo, went viral for sharing the idea that the strip club is a leading indicator of the economy and a recession. The post on X went viral triggering chatter arond the 'Stripper Index'. As per The American Genius, the Stripper Index reflects on the economy based on feedback from strippers reporting on their cash tips. The theory is that during good times, people spend money on strippers and when they cut back, it's indicative of a recession.

Now, a similar theory has been proposed by a hairstylist who claims that women's hair can also tell a lot about the state of the economy. Hairstylist and TikTok creator @crazy_daisy11111 explained the theory in a viral post. 

Screenshots from the video | TikTok | @crazy_daisy11111
Screenshots from the video | TikTok | @crazy_daisy11111

In the video, which has over 870,000 views, the creator says that strippers aren't the only ones who can talk about the economy. She says that while strippers can tell if clients have extra money or not, hairstylists can also tell if women have enough money or not. 

Screenshots from the video | TikTok | @crazy_daisy11111
Screenshots from the video | TikTok | @crazy_daisy11111

She explains that as a hairstylist, she has a theory that when girls start going for more natural, it is indicative that they are not willing to spend on their hair or on its maintenance. She goes on to explain that it's not just because they don't have enough money but it's also because they don't have enough time to keep up with their hair. 

"They don't have the time to come to the salon and get their highlights touched up every four weeks," she says. This is because they are working, stressed out, or too busy to have time for self-care. 

She then says that women are increasingly doing this and there is a trend of "old money blonde," going around which she says is basically low maintenance blonde.

Screenshots from the video | TikTok | @crazy_daisy11111
Screenshots from the video | TikTok | @crazy_daisy11111

"Old money blonde, root smudge, 'I look better all-natural'", she says all these trends tell people that women aren't willing to spend money. She says that while she disagrees with the trends, she does understand that people aren't making enough in the current economic climate. 

The creator's theory struck a chord with several viewers as several of them agreed with her. "I’m too poor to be blonde any more. I can’t even afford to get my nails done. I’m more concerned with affording food," wrote user @drivenandtired. 

Screenshot from the comments | TikTok | @kylee4ostyany
Screenshot from the comments | TikTok | @kylee4ostyany

Several others complained that the cost of services has gone up significantly which is the main cause for cutting back. "I just can’t justify $70 for a TRIM and $200 for a half head of highlights.. more for root smudge and then the tip of the top of that.. that’s crazy to me 😭 (Austin TX prices)," explained the user @mediocre.millennial.

Screenshot from the comments | TikTok | @lvhunnie
Screenshot from the comments | TikTok | @lvhunnie

Earlier this month, Business Insider reported that Americans are cutting back on spending on a wide array of products. From food to appliances, markets are witnessing a slowdown. 

Companies like Starbucks, McDonald's and more have reported a slump while Whirlpool has reduced its per-share earnings target for the year, citing lower demand. 

In July, the US economy suffered an unexpected setback as hiring fell sharply and the unemployment rate rose. The numbers sent shockwaves across the world markets triggering fears of an impending recession, according to AP. Thus, the hairstylist theory may be true after all.

Follow @crazy_daisy11111 for more such videos, vlogs, and entertaining content.

MORE ON MARKET REALIST
The TikTok user shared that the cost of 122 grocery items back then was just $155.
1 hour ago
The cost of living adjustment (COLA) won't be as high as it is now in a year's time.
1 hour ago
Mortgage rates have been falling in the last year, but the housing market hasn't done well.
1 hour ago
The contestant was following the host's advice, but even he did not expect it to work so well.
1 hour ago
A man's Walmart experience where an item that cost $12 online, surged to $29 at store, irks the internet
1 hour ago
The Treasury Secretary also asked the Fed to go forward with an open mind in 2026.
4 hours ago
The South provides a unique shot at affordable living, which is attractive to millions.
4 hours ago
"Dan's big win was adding the vowel "I" to his letter combo. Congratulations on $40K!" a fan reacted.
13 hours ago
President Trump said he would ask the Congress to 'codify' the ban and share more details soon.
1 day ago
The show also led to a surge of interest in several products that translated into rising sales.
1 day ago
The contestant had the best chance to win the car but her own choices cost her.
1 day ago
It turns out that a lot of Americans are not interested in or adept at doing hands-on work.
1 day ago
The player was able to match five of the six numbers, including the Powerball number.
1 day ago
The HHS Secretary urged Americans to consume healthy food, but their prices are the biggest problem.
1 day ago
The cookies were sold during December of last year and could lead to fatal instances.
1 day ago
"I'm not going to lie, that was a tough puzzle. Deceptively tough. Sorry about the loss! No shade to you for that one," a fan reacted.
1 day ago
Other users were also invested in the way the product turned out days later.
1 day ago
The President has a lot of work to do ahead of the Midterms for his party to do well.
2 days ago
President Trump recently captured Nicolas Maduro, sending markets into a frenzy.
2 days ago
When users ask for product recommendations, advertisements will show up as sponsored prompts.
2 days ago