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Saturday, May 29, 2010

Key Economic Index suggests Tough Times

by Calculated Risk 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?