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Porter) launched its label Iris Ink with a range of easy, wearable separates. Now, three seasons in, the brand is expanding into bags.After the success of its ready to wear offering, bags were always a prospect. But it took time, says The Outnet's style director Eve Thomas. 'Creating a line of accessories was a new venture for us and we wanted to make sure we got it absolutely right,' she says.'Our customers love accessories and, just like ready to wear, there are key bags that every woman should own. This season's collection comprises key staples such as the oversized clutch, envelope shoulder bag, bowling tote, colour block shopper and tablet pouch. These are true essentials, which reference some of the strongest trends this season.'Because it's a London based brand, the capital was a big source of inspiration for the designs. Each one is named after some of the city's most fashionable areas, including Hoxton, Chelsea and Notting Hill.'We see each of these areas as London's fashion hotspots, with their own cityscape, ambience and street style, all of which helped the collection,' explains Thomas.Are we REALLY in a recessionFirst of all, the Fed has been printing money (buying bonds) like crazy for this wealth creation illusion. One of the Fed's goals from the start was to inflate the stock market so people invested in the market would FEEL wealthier. Paper wealth that is. The theory is that if your stock portfolio is doing well, then you are more likely to spend money and falsely believe the economy is getting better. The reality is this is just another huge asset bubble caused by more manipulation