Japan's Miniskirt Effect
» Fashion
Correlations between fashion trends and investment trends are clichés of social history. I doubt that American investment fund managers have a market indicator as entertaining as Japan's skirt length forecasting.
Japan's economy is finally back on track. Bonuses are up, optimism is high and sales of pricey consumer items like air conditioners and plasma TVs are brisk. All this adds up to another boom in miniskirts, long an indicator of fair financial fortunes and a reasonable income generator of their own, according to Spa!
A micro-miniskirt boom now heralding Japan's restored business climate will likely contribute some 22.6 billion yen into the economy, according to the men's weekly.
Rise in miniskirts signals economy truly on the up