By the short hairs - new Japanese economic indicator
For many years, the so-called “hemline theory” holds that short hemlines predict a rising economy and higher stock prices while longer hemlines mean the economy is in the dumps. 
Now Japan has come up the “Hair Cut Indicator”–That is, the current fashion trend toward short and messy hair styles for women bodes badly for the Japanese economy.
Japanese women hairstyles track economy ups and downs
Reuters - Feb. 17, 2008—Women tend to wear their hair long when Japan’s economy is doing well and short when there is a slump, the Nikkei business daily reported, citing a survey .conducted by Japanese cosmetics company Kao Corp. As for Japan’s future economic performance, the Nikkei pointed to expectations for a trend towards shorter hairstyles....more…
For more about the “hemline indicator”, here is a three minute video clip showing the connection between short skirts, fashion trends and the economy’s financial health.
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