jeffrey: e.m. is doing well, too.s a history of risks, but they deal with their risks and washed out the debt. argentina is a great example. the gdp of argentina is a lot lower than the u.s. so yes, it has had some overtime over time persistent problems, but where it stands today is a much better position, and that stands for emerging markets. kathleen: i think it is an important time for investors to pay attention because you see the spreads on top of each other, but go back to the fundamentals, because where are there better fundamentals? when i hear fiscal looseness, that is bad for the u.s. if they are on top, i want to go with the asset class where there are better fundamentals. i think that is e.m. jonathan: let's talk about credit over europe, i am talked -- talking about sovereign credit. many people are looking at italy and's being -- and spain as if they are credits. we had a viewer sent a question on the bloomberg terminal, try to understand why the spread is it widening here. why isn't it? jeffrey: you hav

jeffrey: absolutely. kathleen: no safe haven in treasuries, look at e.m.. nick: absolutely, safe haven. kathleen: e.m. y: em. nick: u.s. jonathan: i wonder what happens to the ecb. kathleen: no. vibrant.yen is jonathan: there you go. jeff rosenberg, kathleen, n ick, it is great to have you with me. be here next week, this was bloomberg "real yield", this is bloomberg tv. ♪ ♪ ♪ show me the olympic winter games ♪ ♪ like i've never seen before. ♪ ♪ xfinity x1, yeah, i always know the scor♪. ♪ triple corks in 4k... lookin' so sick. ♪ ♪ stream live on every screen, every win, every trick. ♪ ♪ 2000 hours of coverage, get your mind blown. ♪ 50 olympic channels, yup, you're in the zone. ♪ ♪ and if there's something that you want to see, ♪ pick up that voice remote and just say "show me..." ♪ experience nbcuniversal's coverage of the olympic winter games like never before with xfinity. proud partner of team usa. retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcas

e.m. jeffrey: em. nick: u.s. jonathan: and to wrap things up, yellen, she is gone.ot powell in the hot seat. which means yellen 2.0. kuroda gets another term. i wonder what happens to the ecb. will we get draghi 2.0? kathleen: no. nick: no. jens videman. jonathan: there you go. jeff from blackrock kathleen and , nick from j.p. morgan asset management. great to have you with me. we will be here the same time next week. 5:30 in london. this was "real yield," this is bloomberg tv. ♪ scarlet: i'm scarlet fu. this is bloomberg "etf iq." where we focus on the assets, risks, and rewards of exchange traded funds. ♪ scarlet: are we on the cusp of seeing the whites of inflation's eyes? how the latest wage income and price data are causing a shift in investors' portfolios. ibm's watson is now stock picker, sort of. we talked to the team behind aieq. it's an actively managed etf that uses machine learning to choose a new stock every day. and this week there is an etf for that, we take you inside one that

jeffrey: e.m.. kathleen: e.m. nick: u.s.. gone.an: yet -- yellen is we have powell in the hot seat. er what happens to the ecb. will we get 2.0 after he goes? jeffrey: no. kathleen: no. nick: jens weidmann. jonathan: we will have a different bond market, that is sure. kathleen, nick from jpmorgan asset management. great to have you with me. we will be here this in time next friday at 12: 30 p.m. new york time. 5:30 in london. this was "bloomberg real yield." this is bloomberg tv. ♪ scarlet: this is "etf iq. " ♪ are we on the cusp of seeing inflation in, how the latest price data is causing a shift in portfolios. we talked to the team behind ai eq and actively managed etf and use machine learning for stocks every day. in this week there is an etf for that, we take you