Taz
TW Member
Registered: 05/03/10
Posts: 7
| |
fib_1618
Moderator
Registered: 11/29/04
Posts: 2,608
|
| | 07/29/10 at 03:31 PM | Reply with quote | #2 |
|
Thanks for the article Daniel.
Keep in mind that what the author is saying here is that the skirt lengths and colors are telling us that we are in a bear market - NOW (note that the article was posted on June 1st). These styles were actually conceived, sold, and manufactured last January/February for late spring/early summer delivery into retail stores. And lo and behold, we had our correction from April to July. So what is being worn now doesn't necessarily reflect the future. As a general rule, the development of fashion leads the stock market by 3-4 months, and the stock market leads the economy by the same amount of time. When I have some time, I'll make a post on what we're seeing for fall/holiday 2010.
Fib
__________________
"As for it being different this time, it is different every time. The question is in what way, and to what extent"
- Tom McClellan
"An economist is someone who sees something happen, and then wonders if it would work in theory" - Ronald Reagan
"What we see depends mainly on what we look for" - John Lubbock
“Answers are easy; it’s asking the right questions which is hard” - Dr. Who - 1977
"You know the very powerful and the very stupid have one thing in common - they don't alter their views to fit the facts, they alter the facts to fit their views (which can be uncomfortable if you happen to be one of the facts that needs altering)" - Dr. Who - 1977 |
| Loading... | |
stubaby
TW Member
Registered: 08/13/08
Posts: 4
| |
