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Its all fun & games until someone loses an economy!

Posted By Barry Ritholtz On February 24, 2014 @ 12:30 pm In Federal Reserve,Hedge Funds,Really, really bad calls | Comments Disabled

laughter0221141_big [1]
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 [2]


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[1] Image: http://www.ritholtz.com/blog/wp-content/uploads/2014/02/laughter0221141_big.gif

[2] Continues here: http://www.bloomberg.com/news/2014-02-24/laughing-along-with-the-fed-ritholtz-chart.html

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