With New York having just survived another Fashion Week, Barry Ritholtz says it is time to revisit the Hemline Index, the notion (urban legend?) that the average length of women's skirts gets shorter during good economic time and longer during bad times. Ritholtz, shares this graphic from Smith Barney to help make the point:
It seems there is something to this idea, but according to Ritholtz's sources, the effect is a delayed one. Read The Hemline Index at The Big Picture, here.
Posted
09-15-2010 8:24 AM
by
Graham Griffith