Episode #537 - Today we discuss the Lipstick Effect.
Stamp Show Here Today - Postage stamp news, collecting and informationShow Notes
Welcome to Episode #537 - Today we discuss the Lipstick Effect. The lipstick effect describes consumers buying small luxuries during recessions to boost morale. In collectibles, this means shifting from high-ticket assets to affordable "mini-luxuries" like stamps. These items offer psychological comfort and status at a lower price point, keeping the market resilient during downturns.
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