STYLE

Michelle Obama's Fashion Decisions Move Markets, Experts Say (VIDEO)

10/25/2010 08:37 am ET | Updated May 25, 2011

Over the weekend, "Good Morning America" took a look at Michelle Obama's fashion decisions and how they move markets. An expert remarked, "Each single appearance of hers could move a stock price by $14 million." Two companies that have definitely seen the benefits of outfitting Michelle are J.Crew and Talbots. As reporter Meg Oliver notes, it also helps that "consumers know the First Lady doesn't receive any money for her ensembles."

Check out the numbers in this report.

WATCH:

Suggest a correction