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In decades past, economists used to joke that the stock market went up and down with the length that the fashion world prescribed for women's

In decades past, economists used to joke that the stock market went up and down with the length that the fashion world prescribed for women's skirts; if the stock market went down, skirts were worn longer. What kind of reasoning were they using? this is generalization reasoning because they looked at a lot of skirts over time this is causal reasoning, because one followed the other this is no kind of reasoning; it's just a joke and a sexist one, too this is sign reasoning, but a fallacious example, because the two are not really connected

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