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