There was a small debate on Twitter this morning, possibly triggered by Glynn, about the relationship between hemlines and the economic conditions. He found this reference:
Almost anything can be an economic indicator. Back in the 1920s, the economist George Taylor conceived the hemline index, finding that skirts got longer as the economy slowed. These days, there's been talk of a haircut index, with short locks signaling a market drop.
Now, this season seems to be all about maxi dresses. And this story about stars shearing their locks short just popped up on a fashion blog.
Double dip recession anyone?