Most people hate Finance. 'Bada hi dull subject hai yaar' , is the probably the only response you would elicit from people who completely swear against it. But having associated with finance as a subject since last 2-2 and half years has made me understand that people from finance undoubtedly possess the best sense of humor among all industry practitioners' . We had two professors in our college who would crack satirical jokes with straight faces and quickly come back to shell, leaving at least some of the audience gasping to understand what the joke was about.
Around 2-3 weeks ago I came across the term 'Hot Waitress Economic Index' and I found the perfect inspiration for my post to display my male chauvinism . It is then Finance decided that we cannot leave men behind and hence a term was coined which is even more humbling to the male race - 'Men's underwear index.
Investopedia defines it - An unconventional measure of how well the economy is doing based on sales of men's underwear. The reasoning behind this measure assumes that men view underwear as a necessity (not a luxury item), so sales of this product should be steady - except during severe economic downturns, when men will wait longer to buy new underwear. The notable decrease in underwear sales is said to reflect the poor overall state of the economy. Conversely, when underwear sales pick up, the economy is considered to be improving
It is actually a little different from 'Hot waitress Economic index 'and if reflect it graphically it would represent something like this below – would attached the graph in evening as blogger is blocked @ office
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