Meaning of hemline theory | Babel Free
Definitions
The informal theory that stock market prices move in the same direction as the hemline of women's skirts, short skirts being considered bullish and long skirts bearish.
uncountable
Examples
“I also like the hemline theory better than the freight-car-loading theory, on the grounds of aesthetics. The former theory, you will recall, relates stock booms to periods in which hemlines are higher.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.