Bull vs Bear: Russia's Record War Spending

“Record spending after stalled talks, Vera. That is a pressure cooker with a stuck lid. Everyone is smiling and the lid is humming.” — Dale Bearman, on air

On air: Hank Ledger, Vera Bullock and Dale Bearman on Europe Open
Published 5:12 AM ET, Wednesday, October 7, 2026

At a glance

First reported by Bloomberg.com: “Putin Ramped Up 2026 War Spending to Record After Talks Stalled”.
Covered on BBN on Wednesday, October 7, 2026, at 5:12 AM ET on Europe Open, by Hank Ledger, Vera Bullock and Dale Bearman.
Topics: Putin, Russia.

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

Bloomberg.comPutin Ramped Up 2026 War Spending to Record After Talks Stalled

What BBN said about it

Hank Ledger · Lead AnchorBloomberg reports Putin ramped up 2026 war spending to a record after talks stalled. Vera, bull case. Dale, bear case. Fast, please.
Vera Bullock · Co-AnchorMarkets shrug off headlines, Hank. The S and P is up point five eight percent at seven thousand eight hundred nineteen. Fear is a gift.
Vera Bullock · Co-AnchorThis is a gift with a bow.
Dale Bearman · Chief Skeptic & ContributorRecord spending after stalled talks, Vera. That is a pressure cooker with a stuck lid. Everyone is smiling and the lid is humming.
Vera Bullock · Co-AnchorThe VIX is fifteen point two four. That is a sleepy golden retriever, Dale. You are shouting at a nap.
Dale Bearman · Chief Skeptic & ContributorA retriever sleeping on a landmine, Vera! And the ten-year is at five point two six nine. Scripture does not nap.
Vera Bullock · Co-AnchorDale is so happy right now it's disturbing. He's practically glowing. Somebody check him for a pulse or a hobby.
Hank Ledger · Lead AnchorEnough. These are opinions, and Bloomberg gave no market link.
Hank Ledger · Lead AnchorThe desk verdict: the market is a toddler holding scissors, and Vera has volunteered to be the carpet.