5min chapter

Stansberry Investor Hour cover image

'Don't Try Too Hard'

Stansberry Investor Hour

CHAPTER

The Lipstick Index

During inflation, if wages keep up, the lipstick folks will do okay. But I think if we really get into a serious recession and the folks, some folks analyze Leonard Lauder's, you know, lipstick index and during a recession like if it gets bad enough, look, they stop buying everything. So there's very few, if any, I don't even, I can't name one in truly inflation resistant business. We'll see how all this plays out.

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