🚨 do you understand what happened to the US stock market today..
A jobs report came in more than double expectations and the entire market panicked - because good news now means the Fed keeps rates high
- $1.75 trillion vanished from US stocks in hours.
- The crypto market cap dropped $130 billion alongside it
- Nasdaq 100 had its worst day since October 2025
- NVIDIA fell 5.84%, Bitcoin 5.99%, Ethereum 12.23%
The economy was too strong - so Wall Street had a breakdown.
We don't need a "contingent" of politicians to travel to World Cup to support the Socceroos. We need them to back federal funding for the biggest grassroots participation sport in this country. A national centre of excellence is long overdue
https://t.co/WtAD9Og8JC
@QuentinDempster The George Monibot quote needs an addition:
The poor and the middle class pay taxes, the rich pay accountants, the very rich pay lawyers, and the ultra-rich pay politicians - and buy media companies.