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Hemline Index
The hemline index is a theory that suggests that skirt length (hemlines) rise or fall along with stock prices. The most common version of the theory is that skirt lengths get shorter in good economic times (1920s, 1960s) and longer in bad, such as after the 1929 Wall Street Crash. However, the reverse has also been proposed with longer skirts signaling prosperity (1950s). The theory is often incorrectly attributed to economist George Taylor in 1926. Taylor's 1929 thesis ''Significant post-war changes in the full-fashioned hosiery industry'' identified skirt length as one factor that led to explosive growth in the hosiery industry during the 1920s. But no "hemline theory" was actually proposed. Non-peer-reviewed research in 2010 supported the correlation, suggesting that "the economic cycle leads the hemline with about three years". Desmond Morris Desmond John Morris FLS ''hon. caus.'' (born 24 January 1928) is an English zoologist, ethologist and surrealist painter, as w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wall Street Crash Of 1929
The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the autumn of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed. It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its aftereffects. The Great Crash is mostly associated with October 24, 1929, called ''Black Thursday'', the day of the largest sell-off of shares in U.S. history, and October 29, 1929, called ''Black Tuesday'', when investors traded some 16 million shares on the New York Stock Exchange in a single day. The crash, which followed the London Stock Exchange's crash of September, signaled the beginning of the Great Depression. Background The "Roaring Twenties", the decade following World War I that led to the crash, was a time of wealth and excess. Building on post-war optimism, rural Amer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George W
George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party, Bush family, and son of the 41st president George H. W. Bush, he previously served as the 46th governor of Texas from 1995 to 2000. While in his twenties, Bush flew warplanes in the Texas Air National Guard. After graduating from Harvard Business School in 1975, he worked in the oil industry. In 1978, Bush unsuccessfully ran for the House of Representatives. He later co-owned the Texas Rangers of Major League Baseball before he was elected governor of Texas in 1994. As governor, Bush successfully sponsored legislation for tort reform, increased education funding, set higher standards for schools, and reformed the criminal justice system. He also helped make Texas the leading producer of wind powered electricity in the nation. In the 2000 presidential election, Bush defeated Democratic incum ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wilmott Magazine
''Wilmott Magazine'' is a mathematical finance and risk management magazine, combining technical articles with humor pieces. Each copy of ''Wilmott'' is 11 inches square, runs about 100 pages, and is printed on glossy paper. The magazine has the highest subscription price of any magazine. ''Esquire''. 16 July 2007. Retrieved 4 March 2017. Content and contributors ''Wilmott'' has a section with technical articles on mathematical finance, but includes quantitative financial comic strips, and lighter articles. ''Wilmott'' magazine's regular contributors include[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Desmond Morris
Desmond John Morris FLS ''hon. caus.'' (born 24 January 1928) is an English zoologist, ethologist and surrealist painter, as well as a popular author in human sociobiology. He is known for his 1967 book ''The Naked Ape'', and for his television programmes such as ''Zoo Time''. Early life Morris was born in Purton, Wiltshire, to Marjorie (née Hunt) and children's fiction author Harry Morris. In 1933, the Morrises moved to Swindon where Desmond developed an interest in natural history and writing. He was educated at Dauntsey's School, a boarding school in Wiltshire. In 1946, Morris joined the British Army for two years of national service, becoming a lecturer in fine arts at the Chiseldon Army College in Wiltshire. After being demobilised in 1948, he held his first one-man show of his own paintings at the Swindon Arts Centre, and studied zoology at the University of Birmingham. In 1950 he held a surrealist art exhibition with Joan Miró at the London Gallery. He held many o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Men's Underwear Index
The men's underwear index (MUI) is an economic index that can supposedly detect the beginnings of a recovery during an economic slump. The premise is that men's underwear are a necessity in normal economic times and sales remain stable. During a severe downturn, demand for these goods changes as new purchases are deferred. Hence, men's purchasing habits for underwear (and that of their spouses on their behalf) is thought to be a good indicator of discretionary spending for consumption at large especially during turnaround periods. This indicator is noted for being followed by former Federal Reserve Chairman, Alan Greenspan. See also *Big Mac index *Hemline index *Lipstick index The lipstick index is a term coined by Leonard Lauder, chairman of the board of Estee Lauder, used to describe increased sales of cosmetics during the early 2000s recession. Lauder made the claim that lipstick sales could be an economic indicator, ... References External links Alan Greenspan's Und ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Indicators
An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. One application of economic indicators is the study of business cycles. Economic indicators include various indices, earnings reports, and economic summaries: for example, the unemployment rate, quits rate (quit rate in American English), housing starts, consumer price index (a measure for inflation), Inverted yield curve, consumer leverage ratio, industrial production, bankruptcies, gross domestic product, broadband internet penetration, retail sales, price index, and money supply changes. The leading business cycle dating committee in the United States of America is the private National Bureau of Economic Research. The Bureau of Labor Statistics is the principal fact-finding agency for the U.S. government in the field of labor economics and statistics. Other producers of economic indicators includes the United State ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
