I'm Still Not Sure What This Says about the Direction of Hemlines, Though

Past performance is no guarantee of future results:

• “Global funds see Kerry winning.”

— Headline, the Wall Street Journal’s Market Watch column, Aug. 17, 2004.

• “Markets Start to Anticipate Obama Victory in November.”

— Headline, CNBC’s Fast Money column, today.

(Needless to say, they’re having lots of fun with the latter article at Lucianne.com today.)

Related: Speaking of the GOP and the economy, “Election 2012 means the Don Surber Rule is in Effect,” the Valley of the Shadow blog reminds us.