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A Matter of Inches: Hemline Economics

hemlines_071708.jpgEvery few years (or is it weeks?) some writer dusts off that old chestnut about rising and falling hemlines predicting the ups and downs of the economy. Hemlines are up on the runways, we're in for a bull market. Skirts start brushing the floor, as they have been recently, and the stock market is in for a precipitous fall as well. There's some evidence, despite many exceptions, that this is a real (ish) phenomenon. All this, of course, this begs the question: What the hell does the recent prevalence of pantsuits and onsies mean? (NYTimes)

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