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In today's episode of The Daily Brief, we cover 3 major stories shaping the Indian economy and global markets: 1. Global Trade Slowdown: WTO Rings the Alarm Global merchandise trade is expected to shrink in 2025, as Trump-era tariffs and rising geopolitical tensions disrupt trade flows. The WTO warns of historic uncertainty and a possible split into economic blocs that could reshape the global economy. 2. Jerome Powell Flags Economic Risks Fed Chair Jerome Powell says the U.S. economy is stable but facing headwinds — from trade policy to fiscal strain. Growth is slowing, and sentiment is weakening, raising concerns about what lies ahead. 3. Indians and the Global Gold Rush As global investors turn to gold amid uncertainty, Indian households are also doubling down. With prices at record highs and central banks hoarding gold, this age-old asset is back in the spotlight — in India and beyond. Timestamps: 00:00 Intro 00:48 An era of shrinking trade? 10:19 Jerome Powell sees storm clouds gathering 20:39 Indians and the global gold rush 24:43 Tidbits Get smarter every day with our daily newsletter. Subscribe here: https://thedailybrief.zerodha.com/ Check out our latest newsletter "Aftermarket Report" here: https://aftermarketreport.substack.com/ Every day, each team member shares something they've learned, not limited to finance. It's our way of trying to be a little less dumb every day. Check it out here: https://onethingwelearned.today/ Listen to this episode on your preferred podcast platform: Spotify: https://open.spotify.com/show/2SJiLdv... Apple Podcasts: https://podcasts.apple.com/in/podcast... Watch this episode in Kannada on @marketsbyzerodhakannada : • A Warning sign from the World’s Trade Body... Disclaimer: Some image(s) may have been created using Al, no copyright infringement is intended. Note: This content is for informational purposes only. None of the stocks, brands or products mentioned are recommendations or endorsements.