We are the big losers 😞

📉 U.S. Stock Market Loses Over $1 Trillion in a Single Day — What’s Going On?

August 1st hit the U.S. economy like a storm. The stock market plunged, wiping out more than $1 trillion in value. The main reason? New U.S. tariffs — the highest in nearly 100 years, according to Yale’s Budget Lab.

That means: products will get more expensive, companies will struggle, and the average American household could lose around $2,400 this year. And that’s just the beginning…

🚨 But there’s more.
On the same day, President Trump fired the head of the Bureau of Labor Statistics, after new data showed a rise in unemployment and sharply revised job numbers for May and June.

Another red flag: Federal Reserve Board member Adriana Kugler suddenly resigned midday.
Analysts believe it’s tied to worsening job market data and internal pressure.

All signs point to one thing:
⚠️ The U.S. economy is walking on thin ice.
📉 Job security is shaky, household budgets are under pressure, and investors are nervous.

💡 If this turbulence continues, it could ripple far beyond the U.S. — hitting global markets and crypto as well.

Stay tuned — we’re heading into a volatile financial autumn.

#Economy #USMarketCrash #FinancialCrisis2025 #inflations #Recession2025