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Source: Bianco Research
This month, 1,865 pages of FOMC transcripts from 2008 were released to the public. Bloomberg studied the transcripts, finding on average about 25 references to laughter per meeting of the Federal Open Market Committee. This was almost half of the 45 giggles per FOMC meeting in 2007. Continues here

Category: Federal Reserve, Hedge Funds, Really, really bad calls

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

7 Responses to “Its all fun & games until someone loses an economy!”

  1. VennData says:

    The Fed laughter index is one of my long-time leading prognostication tool. Now, with you telling everyone, it will lose its effectiveness. Please cancel my subscription to your blog.

  2. rd says:

    Have people focused on the wrong “Fed Model”? Should the real Fed model be the number of laughs per meeting with 80 laughs per meeting being like the 2000 CAPE value of 40 as an indicator of something about to go horribly wrong? I assume that data could get massaged, go through the appropriate technical analysis etc. to understand the Fed’s sentiment index.

  3. JRS says:

    An analysis of the content of the sentence that precedes each instance of laughter could be a new predictor tool.