Market Trends & Dynamics - S&P 500 is fluctuating around flat territory, attempting to break into the green [1] - Bitcoin is elevated, trading under $120,000, with anticipation for "Crypto Week" in Washington [2][29] - Lower is down about 1.5%, slightly impacting the S&P [2] Geopolitical & Economic Impact - Potential for 100% secondary tariffs on Russia if a deal to end the war in Ukraine isn't reached in 50 days [3][6] - Discussion of secondary tariffs on countries buying Russian oil and gas, like China and India [7] - Legislation proposed with a potential 500% secondary tariff on countries aiding Russia [8] Defense & Technology Spending - NATO countries have agreed to spend 5% of their GDP on defense [11][15] - Increased defense spending is driving growth for defense tech companies [15] - A private investment firm sees private defense tech companies achieving meaningful revenue scale and potentially going public [17] Electric Vehicle (EV) & Battery Industry - Panasonic's new $4 billion battery plant is expected to reach full production this year [33] - The battery industry faces potential headwinds for battery demand due to a new bill [40] - Despite potential demand pushback, new battery supply is expected to drive battery prices down [41][42]
Trump Threatens Russia with 100% Tariffs | Bloomberg Markets 7/14/2025
Bloomberg Television·2025-07-14 19:10