Wed March 25, 2015
The hemline indicator states that as social mood grows more positive, it invites a frisky attitude in fashion. This results in shorter skirts. The idea is that the hemline rises and falls with the stock market, that laboratory of social mood.
Pete Kendall has an interesting history in this video Skirts. I am hoping this long term look at just how quickly fashion can adjust to social mood might be of interest to our female students. The latter part of the video details just how quickly hemlines rose as the markets recovered from the March 2009 low.
Want a stock market indicator, Bob Prechter suggests we should read Women's Wear Daily instead of the Wall Street Journal.
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