Do Strip Clubs get better or worse with the Stock Market?
nickifree
Texas
If there's a correlation it could be a good indicator of when to invest. I know how great strip clubs were during the mid to late 90's. The clubs seemed to be on the uptick in 2011 and so was the stock marked. And the last six months both the market and strip clubs have abated.
Of course if there is a correlation then the question is: which one is the leading indicator?
Of course if there is a correlation then the question is: which one is the leading indicator?
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Absolutely a positive correlation between market performance, discretionary spending, and how well strip clubs do.
The majority of customers in most SCs actually work for a living and have not seen increases in disposable income as the market rises. Their SC spending would be flat. Same - short term - lack of connection to a down market.
The connections I suggest between the economy and Strip Clubs are employment and GDP. In a depressed economy with high unemployment, more women are willing to work in clubs to pay bills and more men have time to visit. Since this combination does not mean a big increase in "lap dance" spending, the competition between dancers for the dollars available does mean a high turnover in newbie dancers and (in areas where puritan enforcement is lax) higher mileage. My guess is that this circumstance would continue for many months into a rising stock market because jobs and discretionary money will lag behind market growth.
I see a GDP (gross domestic product) connection as a negative for Strip Clubs because as GDP rises, employment and free time for spenders goes down. Also GDP growth has always been connected with low skill hiring (not exactly the same thing as unemployment %). When the GDP starts to rise, small companies hire low skill employees to boost production and shipping capabilities. These new hires draw from the same people who would otherwise dance in - or spend part of their unemployment check in - a strip club.
Who can blame them? Many of them got margin calls after txtittyfan told his daughter and all the other strippers he knows to short treasuries just the day before they bottomed in 2009.
For me, those damned gold stocks are whistling their siren songs at me once again. The collapse in the price of the shares of the big boys of gold mining has me salivating. My long time stink bid for ABX was finally filled at a multi-year low.
When the market is doing well; specifically for an extended period of time; people just feel/think wealthier.
I recall in the early 2000s when a dancer told me how she was making money hand over fist in the late 90s. She said she would routinely run into 50-somethings w/ 1 million dollar plus 401ks and they would often SPEND.
Although the market has been doing relatively well – I think most people are still skittish about the present and what is to come – so I don’t think we are in one of those go go boom times; particularly in terms of spending.
1) Unemployment: Women who had jobs and now don't will look to stripping as an income source, putting more choice of women in the clubs.
2) Greater Need to Earn $: Women who see other sources of money go down will be more desperate for funds and will offer more services.
3) Less Cost: When times are tough and people cut back, dancers may start offering stuff for less money.
I also think it the rise is mileage in the last few years is not only due to the GFC, but also do to the accelerated whorification of the younger generation due in no small part to the influence of hip-hop (and, no, I am not complaining! :-) )
When the economy was down I would get unsolicited OTC/take-out offers almost every visit. From rookies - no less.
Now the economy is movin up - it happens lot less.
Quality of dancers is unchanged - but in my mind dancers are gettin sexier every year - more juice, more throbbing.
Why? cuz I'm gettin older !
Is when the market and economy are robuts? Or is it when they are strugggling.