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What investors want are strong balance sheets and positive cash flow. "These make up the moat for many companies—and AI technology is at the core of this," said Principal Chief Global Strategist Shah. "People are looking for a safe haven, in a sense." (Bloomberg TV)

Golden Ten Data reported on May 13 that "Fed mouthpiece" Nick Timiraos wrote that the U.S. House Financial Services Committee is reviewing a bill aimed at amending the Federal Reserve Act to remove the Fed's dual mandate and have it focus solely on price stability. The bill text is as follows: Section 2A of the Federal Reserve Act (12 U.S.C. 225a) is amended by striking "maximum employment, stable prices", and inserting "stable prices". Timiraos noted that it is worth considering whether, had this bill already become law, the Fed would still have chosen to cut rates last year.

BlockBeats News, May 13th, according to the Federal Reserve's annual survey, the majority of Americans will still be concerned about high prices in 2025, while anxiety about the job market is also on the rise. Against the backdrop of near-stagnant job growth last year, 42% of adults said "finding a job or keeping a job" caused varying degrees of concern, up from 37% in 2024. At the same time, about nine-tenths of respondents said they were concerned about rising prices. The survey was conducted in October last year, before the Iran War broke out, yet affordability issues in 2025 were already widespread, and are expected to become a key issue in the upcoming mid-term elections. (FXStreet)