The Stock Market Crash Was Inevitable

The Dow is down 500 points. Who saw this coming? Ann Taylor, of course.

Belonging to a long tradition of wacky theories for recessions and stock plummets, there's a hypothesis that the length of women's skirts can predict the trajectory of the stock market. When skirts are short, it's a bull market. When skirts are long, it's a bear. Apparently (I hadn't taken much notice) 2011 is a banner year for long skirts, which basically means the stock market was doomed.

Now, I'm sure there is some academic paper written by an economist-psychologist married couple that posits that the same positive animal spirits that lift the Dow might also embolden the country's ladies to wear more adventurous clothing -- or perhaps that periods of over-confidence marked by high skirts often coincide with bubbles. Either way, it's probably best to stop guessing and start subscribing to Anthropologie catalogs for research purposes.

We Should've Known The Stock Market Was Going To Crash: Look At These Skirts!Anthropologie

We Should've Known The Stock Market Was Going To Crash: Look At These Skirts!Ann Taylor loft

We Should've Known The Stock Market Was Going To Crash: Look At These Skirts!French Connection

We Should've Known The Stock Market Was Going To Crash: Look At These Skirts!J. Crew

H&M
Zara

We Should've Known The Stock Market Was Going To Crash: Look At These Skirts!Free People

We Should've Known The Stock Market Was Going To Crash: Look At These Skirts!Urban Outfitters

Read the full story at Jezebel.

Presented by

Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

Saving the Bees

Honeybees contribute more than $15 billion to the U.S. economy. A short documentary considers how desperate beekeepers are trying to keep their hives alive.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

How to Cook Spaghetti Squash (and Why)

Cooking for yourself is one of the surest ways to eat well.

Video

Before Tinder, a Tree

Looking for your soulmate? Write a letter to the "Bridegroom's Oak" in Germany.

Video

The Health Benefits of Going Outside

People spend too much time indoors. One solution: ecotherapy.

Video

Where High Tech Meets the 1950s

Why did Green Bank, West Virginia, ban wireless signals? For science.

Video

Yes, Quidditch Is Real

How J.K. Rowling's magical sport spread from Hogwarts to college campuses

Video

Would You Live in a Treehouse?

A treehouse can be an ideal office space, vacation rental, and way of reconnecting with your youth.

More in Business

Just In