The Shoe Index

NY Dispatch 9/18/2020: Analysts often turn to unusual indicators to get a sense of consumer confidence. The Beige Book compiles anecdotal feedback from certain businesses to gauge market conditions and consumer appetites. The Big Mac Index compares burger prices from different regions to get a snapshot of food prices. The Lipstick Index works on the premise that people will invest in less expensive makeup rather than buy more expensive clothing. Let me add my own. The Shoe Index, which will trac...