Deutsche Bank is warning that if former President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could trigger a catastrophic financial meltdown—sending both the U.S. dollar and bond markets into freefall. The bank laid out this doomsday scenario in a research note ominously titled "What if?", suggesting such a move would destabilize confidence in the Fed’s independence and send shockwaves through global markets.

Editor’s Note: This isn’t just Wall Street alarmism—it’s a stark reminder of how fragile trust in institutions like the Fed really is. If a president starts meddling with central bank leadership for political reasons, markets could panic, borrowing costs might spike, and the dollar’s dominance could waver. For everyday folks, that could mean everything from higher mortgage rates to a weaker paycheck if the economy tanks. Deutsche Bank’s warning is basically saying: Don’t poke the bear.

China has been leaning heavily on subsidies to boost consumer spending, but experts are starting to question how sustainable this strategy really is. The article digs into whether these financial Band-Aids—like cash handouts and tax breaks—can keep working as economic pressures mount. It’s a high-stakes balancing act: prop up spending now, but risk bigger problems later if the economy doesn’t find more organic ways to grow.

Editor’s Note: This isn’t just about China’s wallet—it’s a global concern. If China’s consumer engine sputters, it could ripple through supply chains, trade, and markets worldwide. Plus, it raises a bigger question: Can any economy rely on subsidies forever, or is this just kicking the can down the road? Worth watching, especially if you’re into how policy meets real-world limits.

China's credit growth surged past expectations in June, thanks to a seasonal uptick in lending and a wave of government bond sales. It's a sign that policymakers might be stepping up efforts to juice the economy, but the question is whether this is just a temporary bump or the start of a sustained push.

Editor’s Note: Credit growth is like the economy's pulse—when it picks up, it usually means more money flowing into businesses and households. This could signal China's trying to combat sluggish growth, but seasonal factors make it tricky to tell if this is a real turnaround or just a blip. Investors and analysts will be watching closely to see if this momentum holds.

The Indian government doled out over Rs 10,000 crore in production-linked incentives (PLI) this fiscal year, with the lion’s share—about 70%—going to just two sectors: electronics (Rs 5,732 crore) and pharmaceuticals (Rs 2,328 crore). This underscores how heavily the government is betting on these industries to boost domestic manufacturing and economic growth.

Editor’s Note: PLI schemes are a big deal because they’re designed to turbocharge local production, reduce reliance on imports, and create jobs. The fact that electronics and pharma are getting most of the cash signals where India sees its strongest growth potential—think everything from smartphones to generic medicines. For investors and businesses, this is a clear roadmap of where the opportunities (and subsidies) lie.