As it turns out, the bear market and the collapse of the financial was totally predicted by Angelina Jolie's skirts.
Fashion is always a mirror of society. Thus, in a strange forecast of what the Federal Reserve discovered in the banking system, overexposure and total transparency in the wardrobe has been followed by complex cover-ups and a downward spiral. Fashion designers now seem clairvoyant.Bulls, Bears and the Bellwether Hemline [New York Times]
Posted by guest , Jul 18, 2008 3:33PM
Mais oui, I for one cut 4 inches off my dress this morning when I heard Citi's news
Posted by fyi , Jul 18, 2008 3:42PM
Yuck. As a lady, I hate those styles. If you have great legs, show them off...no matter what economic indicators may tell you.
Posted by guest , Jul 19, 2008 12:06AM
this is a no-brainer. During a recession, fashion is designed to be lighter on the pocketbook, so if you miss the extra botox treatments or other beauty treatments to legs and arms, it won't be as obvious.
It happened in the 20s to 30s, as well as 70s it appears. The flappers gave way to much more subdued styles mainly for budget reasons and to reflect the spending mood (or lack thereof).
Posted by John Carney , Jul 19, 2008 11:20AM
I totally agree with fyi.
Posted by NotNasser , Jul 20, 2008 11:49PM
10:26,
one would think the fabric savings along of the leg-displaying styles would allow for price cuts.
Posted by guest , Jul 21, 2008 12:13AM
@#1 (a.k.a. 1-2) - do we really need to know that?
Posted by guest , Jul 21, 2008 10:22AM
I thought this would be about those sleazy "Fashion Meets Finance" social events.