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2 Responses
I tried to follow this, and watched the video three times, but you did not define “Market Cap” and when I Google it discusses only market capitalization of a specific stock. What do you mean by Market Cap?
Hey Alan. Yep. That’s exactly what I meant. The fact that more jobs created in a round-a-bout way caused stocks to sell off, leading to a lower market capitalization on many stocks in the market and thus the market in general.