Hemline theory
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Campbell R. Harvey's Hypertextual Finance Dictionary
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Hemline theory
A theory that
stock
prices move in the same direction as the hemlines of women's dresses ie. short skirts (1920's and 1960's) were symbolic of
bullish
markets
and long dresses (1930's and 1940's) were symbolic of
bearish
markets
.
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Campbell R. Harvey
. All Rights Reserved.
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