Cosmetic Improvement?
The latest survey of US Consumers by Bespoke Investment revealed something both depressing and very interesting.
The survey, in its fourth year, regularly asks whether people have had various elective surgeries recently. These are the kinds of surgeries that are not covered by insurance, so Americans need to pay for them out of their own pockets.
A rise in the proportion having cosmetic surgery therefore indicates a rise in financial confidence (albeit presumably coupled with a loss of Americans’ confidence in their looks). And in the past few months, with a notable jump after the tax cut was agreed, far more Americans have been splurging on cosmetic surgery.
Make of this what you will:
Original Text Source – FT Authors’ Note distribution
Cove Street Capital requires a modern browser to look and function properly.
Internet Explorer stopped receiving updates in January 2020. Using it may cause display issues on our website, and put your own online security at risk. We highly recommend switching to a secure modern web browser such as Chrome, Edge, Firefox, or Safari.
