Long and Belted

Like Punxsutawney Phil with the weather, many people look to the "hemline theory" as an indicator of economic times. For those of you who aren't familiar with this old adage, the theorem posits that you can use skirt-lengths to predict whether the markets will be bullish or bearish. For example, when the stock market is aloft, short skirts rule, whereas in a tight time, when the stocks are plummeting, so falls the hemlines. Now we aren't economists, but we do make it our business to track the trends of what our favorite style stars are wearing and we've noticed that some of the most in-the-know women are choosing long dresses. Given the hemline theory, it's no surprise that this look is back en vogue, but it is interesting that ladies like Kate Moss and Erin Wasson are wearing their maxi dresses cinched at the waist with heavy-duty leather and metal belts. Although we aren't sure what this means for the economic climate

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