The article discusses how recent economic uncertainties, highlighted by a falling S&P 500, are reflecting in pop culture behaviors. Many nonexperts are viewing everyday choices, like visiting local attractions instead of traveling abroad, as indicators of recession. Online posts humorously labeled as #recessionindicator showcase a shift in consumer preference. The entertainment industry, particularly with sequels and safe content choices like new seasons of current hits, indicates a tightening of budgets in Hollywood and a hesitance to fund innovative projects amidst economic uncertainty.
In recent weeks, as the finance world has been nervously watching the S&P 500 fall, nonexperts and the chronically online are seeing signs of a possible recession in daily activities and choices.
Sequels are an easy target for the label of recession indicator. For some, the announcement of a fourth season of Ted Lasso or a sequel to Freaky Friday signaled that studios were tightening purse strings instead of greenlighting risky, innovative material.
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