The lipstick index was brought to us by agi name leonard lowder, the chairman of the board over at s d lowder. His idea is that women buy these kind of cheaper pick me up items, like lipstick or nail polish i in stead of spending and splurging on the big ticket items. When you have to wear a mask all day, who cares about lipstick? Of course, make up sales are back up. It's just a natural rebound. We see make up sails going back up. Be a return to normal sea ind a little bit of stronger consumer sentiment there.
Investors are taking a closer look at stocks trading below their IPO price. (0:20) Bill Mann discusses: - Why he believes that "poor uses of capital have not been punished" - Anchoring to 52-week highs and lows, and why it's dangerous - The level of concern over rolling lockdowns in China (14:47) Alison Southwick and Robert Brokamp talk with Business Insider's Mark Reeth about uncommon leading economic indicators, including the Men's Underwear Index. (Yes, really.) Stocks discussed: SBUX, EL Host: Chris Hill Guests: Bill Mann, Alison Southwick, Robert Brokamp, Mark Reeth Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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