Oddest Chart I have Seen this Week -- Laughter Count in Federal Reserve OMC Notes

3 Comments

  1. FelineCannonball:

    Looks like it might be a leading indicator if they released transcripts in real time.

    In general in human communication I'd be more interested in who was laughing and what about. When I'm in a country in which I do not understand the language, laughter is just disturbing.

  2. Craig Loehle:

    Perhaps it was that "irrational exuberance" that some economist talked about during bubbles. Highly infectious I hear.