Stocks Rise Ahead of More Data; US Hits China with 100% Tariffs on Drones | Bloomberg Brief 08/14/26

Watch on YouTube ↗  |  August 14, 2026 at 13:22  |  42:59  |  Bloomberg Markets
Speakers
Stephanie Guild — Chief Investment Officer, Robinhood
Scarlet Fu — Anchor, Bloomberg Television
Guy Johnson — Anchor, Bloomberg
Winnie Hsu — Bloomberg Reporter (Asia Markets)
Justina Lee — Bloomberg Reporter
Matt Bloxham — Head of Research, The Block
Ross Matheson — Reporter, Bloomberg
Simon Hampton — Reporter, Bloomberg
Michael Hartnett — Chief Investment Strategist, Bank of America Global Research

Summary

US equity futures wavered near record highs ahead of retail sales and consumer sentiment data. The broadcast covered cooling inflation, the 30-year Treasury yield reaching a 25-year high, and rising competition for capital. It also covered US tariffs up to 100% on Chinese drones, planned economic pressure on Iran, OpenAI's revenue run rate, and Stephanie Guild's risk-on equity outlook with a warning on long-end Treasury yields.

  • US stocks hit fresh records as investors awaited retail sales and University of Michigan sentiment data.
  • The 30-year Treasury yield hit a 25-year high, driven by deficits and competition for capital.
  • The Trump administration announced 100% tariffs on imported Chinese drones and components.
  • Treasury Secretary Bessent signaled unprecedented economic isolation measures against Iran next week.
  • OpenAI is reportedly on track to generate more than $40 billion in annualized revenue.
  • Robinhood CIO Stephanie Guild expects markets to stay in a risk-on regime with faster recoveries but sees 10-year Treasury yields possibly exceeding 5%.
Ideas
Scarlet Fu Anchor, Bloomberg Television 12:34
Deficits push long-end yields higher
The 30-year Treasury yield hit a 25-year high because the US recorded its largest July deficit on record and relies on foreign inflows. Larger deficits relative to GDP push yields higher, and with rising demand for capital plus supply shocks investors need more compensation; bonds are less reliable insulation.
30-year Treasury bond HIGH
Guy Johnson Anchor, Bloomberg 23:35
Drone makers benefit from China tariffs
The Trump administration's 100% tariffs on imported drones and components are aimed at China and are boosting domestic drone makers because the levies make Chinese competitors less attractive and support American manufacturers.
ITA Unusual Machines MED
Stephanie Guild Chief Investment Officer, Robinhood 25:10
Stay invested through volatility; markets rally
She argues the recent leveraged hedge fund blowup was a clearing event similar to LTCM in 1998, not the start of a bear market. She believes markets can re-lever and push higher, with faster drawdown recoveries due to faster information flow and AI-driven capital, and therefore investors should stay invested through volatility rather than trying to time exits.
SPY HIGH
Stephanie Guild Chief Investment Officer, Robinhood 31:53
Ten-year yield may exceed five percent
She sees Treasury yields rising because of heavy debt supply and competition for capital, including government deficits and AI/tech capital demands. She specifically warns the 10-year Treasury yield could go beyond 5%, which could curtail valuations and cause a short-term equity reaction.
10-Year Treasury Note HIGH
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This Bloomberg Markets video, published August 14, 2026, features Scarlet Fu, Guy Johnson, Stephanie Guild discussing 30-year Treasury bond, ITA, Unusual Machines, SPY, 10-Year Treasury Note. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Scarlet Fu, Guy Johnson, Stephanie Guild  · Tickers: 30-year Treasury bond, ITA, Unusual Machines, SPY, 10-Year Treasury Note