Saturday, May 29, 2010

Key Economic Index suggests Tough Times

by Bill McBride on 5/29/2010 10:45:00 AM

Just for fun ... in 1926, economist George Taylor suggested the "Hemline Index"; he observed that hemlines moved with stock prices.

And from the NY Times: A Long, Lean Backlash to the Mini. Here is the hot new look:


Does that mean stocks are at a bottom, or that stocks are about to crash?