by Calculated Risk on 5/29/2010 10:45:00 AM
Saturday, May 29, 2010
Key Economic Index suggests Tough Times
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:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjq5Vxw7xlNF_1DKmRGLIK06e6YHgNDM5Cs-iHSdZBaGJZVEuBtKvWvFtATdfaD9q4f5J3jkjBo4MIO49MZ_pT68hS6Y_Tl2xDQPgKnu0AA1wKQG-BCgFwoKi9cV7tP5nvtHNDv/s400/LongSkirts.jpg)
Does that mean stocks are at a bottom, or that stocks are about to crash?