Senate Votes to Confirm Kevin Warsh as Next Fed Chair | Bloomberg Businessweek Daily 5/13/2026
Speakers
Emily Graffeo
— Anchor, Bloomberg
Tim Baker
— Head of FX Research – Americas and Macro Strategist at Deutsche Bank
Ed Ludlow
— Co-Host, Bloomberg Technology
Lipi Sternheim
— CEO, REalloys
Summary
The Senate confirmed Kevin Warsh as next Fed Chair; Trump visited China with top tech CEOs including Nvidia's Jensen Huang. Ford surged on bullish energy storage call, while rare earth supply chain challenges were discussed. A Deutsche Bank strategist argued US exceptionalism is fading.
- Senate votes to confirm Kevin Warsh as Fed Chair.
- Trump meets Xi in Beijing with tech CEOs including Jensen Huang.
- NVIDIA CEO's presence boosts AI and semiconductor optimism.
- Ford shares surge 15% on Morgan Stanley bullish call on energy storage.
- Rare earths supply chain faces challenges; REalloys CEO discusses building North American capacity.
- Deutsche Bank strategist says US exceptionalism fading, dollar haven rally likely over.
Trade Ideas
Ford energy storage business undervalued by market
Ford's energy storage business, including its licensing agreement with CATL, is underappreciated by the market and could be worth $10 billion, approaching Tesla's energy business valuation. There is a high likelihood Ford signs another supply agreement with hyperscalers. This differentiates Ford from auto peers and has driven a significant stock rally.
Up Next
This Bloomberg Markets video, published May 13, 2026, features Emily Graffeo discussing F. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Emily Graffeo · Tickers: F