billyjoeallen
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billyjoeallen
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November 12, 2015, 03:52:23 PM

But it may not mean that much. After all financial services account for a whopping 36% of the total market cap of the U.S. stock market. Is that staggering or what?  Grin

That's almost all a deadweight loss in efficiency. We now or soon will have the technology to replace every stockbroker and investment bankster with software.  BUT, we have this little scaling problem....