I have noticed that capes and ponchos are making a comeback for Fall. But unlike the sloppy, hippie-ish ponchos of the last go-round with this style, the ones making an appearance this season are more modern. The cape above is from Rowan 50. With a sleeker, more fitted take on the trend,it is almost like a cardigan. And the armholes make it much more wearable. Below is an example of one from Vogue Knitting. The belt gives it some shape, making a much nicer silhouette.