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What is the lipstick effect and what does it say about our economy? #economy #shorts
Posted
November 15, 2025
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November 15, 2025
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1:01Now PlayingWhat is the lipstick effect and what does it say about our economy?
On this episode of the Everybody's Business podcast, Stacey Vanek Smith and Max Chafkin talk about how, in times of economic uncertainty, the beauty industry often thrives as consumers cope by spending on modest luxuries
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