Markets just had their worst week of 2026 — here is what happened and what comes next

US equity markets suffered a sharp selloff on Friday, with the S&P 500 posting its steepest single-day decline since early 2025. The drop was driven by a combination of renewed tariff fears, a surprise rise in unemployment data, and growing concerns that the Fed may keep rates higher for longer. Sentiment shifted quickly from optimism to caution as institutional investors reduced risk exposure across the board.

A crypto pioneer who turned a $20 million family stake into a billion-dollar fund doubles down on bitcoin

James Wo, CEO of Digital Finance Group ($1B AUM), disputes analyst Tom Lee's $250,000 ETH prediction, suggesting current market metrics don't support such valuations. This reflects a critical debate among sophisticated crypto investors about realistic price targets versus consensus forecasts. Monitor how major institutional players position themselves—their skepticism or conviction on specific price levels can reveal where smart money actually stands versus mainstream predictions.

Americas FX news wrap 5 Jun:A strong US jobs report sends bonds/stocks lower

US nonfarm payrolls surged to 172K in May (vs 85K expected) and Canada added 87.8K jobs, signaling resilient labor markets that pushed Treasury yields higher and reduced Fed rate-cut expectations. This stronger-than-expected data triggered sharp stock selloffs (Nasdaq worst day since April 2025, S&P 500 below 200-hour moving average) and currency moves favoring the USD, while Bitcoin fell 16% weekly. Asian investors should monitor upcoming CPI data (expected 4.2% headline) and ECB/BoC decisions next week, as these will signal whether central banks maintain restrictive policy longer—affecting regional equity valuations, currencies, and commodity prices.

Bitcoin already ran. Ethereum already ran. Most people who were watching from the sidelines are now asking: did I miss it?

Here's what they don't realise: the biggest gains in every crypto cycle don't come from Bitcoin. They come from Phases 3 and 4 — mid-caps and altcoins — and that window is opening right now.

Leslie has been through multiple crypto cycles. He managed funds for over 500 clients, generated over 80% monthly returns in 2022, and co-founded one of Singapore's fastest-growing crypto education communities. In this free session, he'll show you exactly how he spots the assets that move 8–10x before the mainstream catches on.

This is a free session — but seats are limited. The people who join early are the ones who position early.

CPF is one of the most powerful retirement tools Singaporeans have — but most people don't know how to maximise it. Watch as we break down the exact strategies to grow your CPF savings and build a stronger retirement foundation.

Leslie shows you exactly how to position before the parabolic run begins.