Market Review and Trends
The Market Just Crashed Because Good News Is Now Bad News.
By Live Rich Life Free  •  June 6, 2026
Friday night Singapore time, Wall Street had its worst day since October. The Nasdaq cratered 4.2%. Over a trillion dollars in market cap vaporised in a single session. And the trigger? A company beat its earnings. And the US economy added more jobs than anyone expected. Welcome to 2026, where good news sends markets into a tailspin. If you woke up this morning, opened your brokerage app, and felt your stomach drop — you're not alone. If you're in any tech or AI-adjacent stocks (and frankly, who in Singapore's US Growth Portfolio isn't), the weekend just got a little heavier. Let's break down exactly what happened, why it happened, and most importantly — what you should actually do about it. -4.2%Nasdaq Composite Friday close -2.6%S&P 500 drop — worst day since Oct -13%Broadcom (AVGO) single-day crash 172KUS jobs added in May — double expectations Two Hammers Hit at Once Friday's selloff wasn't caused by one thing. It was two separate...
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By Live Rich Life Free
The purpose of this blog is for me to share my reinventions of how life should be lived and journal my journey towards financial independence. I believe that life is a story book. Each chapter contains 10 years of our lives. I am moving on towards mid 30s in 2021. As a nobody but somebody, I am in Chapter 4 of my story book. I hope to influence my philosophy of living a rich life freely and healthily with all of you. Embrace the future and empower freedom!
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