e.m.. nick: absolutely, safe haven. emerging u.s.-yield or market high-yield? e.m. or u.s.? e.m. jeffrey: em. nick: u.s. jonathan: janet yellen is gone, we have powell in the hot seat. kuroda gets another term. i wonder what happens to the ecb. will we get draghi 2.0? kathleen: no. nick: no. jeffrey: yen is vibrant. jonathan: there you go. jeff, kathleen and nick, great to have you with me. we will be here the same time next week. this is "real yield," bloomberg tv. ♪ ♪ yousef: welcome to the "best of bloomberg markets middle east." i am yousef gamal el din. here are some of the major stories driving headlines from the region this week. crude comeback, oil recovers ground following its worst week in more than a year. the iea says the global surplus has almost been cleared. as u.a.e. report earnings we hear exclusively from industry cfos. and the sky is no limit for air arabia as it beats on full-year income. the ceo lays out the carrier's ambitions for 2018 in our exclusive interview. hundreds of global political and

e.m.. nick: absolutely, safe haven. jonathan: u.s.-yield or emerging market high-yield? e.m. or u.s.? e.m. jeffrey: em. nick: u.s. jonathan: janet yellen is gone, we have powell in the hot seat. kuroda gets another term. i wonder what happens to the ecb. will we get draghi 2.0? kathleen: no. nick: no. jeffrey: yen is vibrant. jonathan: there you go. jeff, kathleen and nick, great to have you with me. we will be here the same time next week. this was "real yield," this is bloomberg tv. ♪ scarlet: i'm scarlet fu. this is "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 it is causing a shift in portfolios. ibm's watson is now stoc

e.m.. nick: absolutely, safe haven. jonathan: u.s.-yield or emerging market high-yield? e.m. or u.s.? e.m. jeffrey: em. nick: u.s. jonathan: janet yellen is gone, we have powell in the hot seat. kuroda gets another term. i wonder what happens to the ecb. will we get draghi 2.0? kathleen: no. nick: no. jeffrey: yen is vibrant. jonathan: there you go. jeff, kathleen and nick, great to have you with me. we will be here the same time next week. this was "real yield," this is bloomberg tv. ♪ retail. under pressure like never before. and its connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. scarlet: i'm scarlet fu. this is "etf iq." we focus on the assets, risks and rewards of exchange traded funds. ♪ scarlet: are we on the cusp of the whiteswife of -- of inflation

e.m.. nick: absolutely, safe haven. jonathan: u.s.-yield or emerging market high-yield? e.m. or u.s.? e.m. jeffrey: em. nick: u.s. jonathan: janet yellen is gone, we have powell in the hot seat. kuroda gets another term. i wonder what happens to the ecb. will we get draghi 2.0? kathleen: no. nick: no. jeffrey: yen is vibrant. jonathan: there you go. jeff, kathleen and nick, great to have you with me. we will be here the same time next week. this was "real yield," this is bloomberg tv. ♪ . we use our phones and computers the same way these days. so why do we pay to have a phone connected when we're already paying for internet? shouldn't it all just be one thing? that's why xfinity mobile comes with your internet. you can get 5 lines of talk and text included at no extra cost. so all you pay for is data. choose by the gig or unlimited. and now, get a $200 prepaid card when you buy an iphone. it's a new kind of network designed to save you money. call, visit, or go to xfnitymobile.com. ♪ david: when you told people you were going to raise a $100 billion fund, did they tell you you were c

u.s.-yield or emerging , market high-yield? which em or u.s.? one, kathleen: e.m. jeffrey: em.. jonathan: and to wrap things up, yellen, she is gone. we have got 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

u.s. high-yield or emerging-market high-yield? jeffrey: e.m.. kathleen: e.m. nick: u.s..an: yet -- yellen is we have powell in the hot seat. i wonder 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

u.s. debt or equities, the value is going down, relative. geoff: currencies play a huge role in e.m.have always talked about that in our research. it pushes money into riskier markets overseas, and it also leads to positive translation that you mentioned. our god is with this 10% correction in e.m., the work we published a couple of days ago shows currency played a small role, only contributing 50% of the decline in the markets, which is unusually low. currencies held up, and that you mentioned and has been important to em. it is doing a worse in the u.s. and collection -- correction. we are rallying as the dollar falls, which is good for emerging markets going forward. , you posted a return of 40% in one of your funds on an emerging markets that, what would -- bet, what drove those returns and what were the best performers, and how have you be calibrated your ideas based on what we have seen in relative value trade moving away from emerging markets? said: i think emerging markets went through a time of weakness for about five years until february 2016, when the chinese valuations we

or come to the u.s.? andrew: you will see both. if you look at the underlying balances, again, it looks pretty reasonable. you don't have the credit positions in e.minvestors, you will always have the flows to the u.s., official sector flows. overall pretty balanced. alix: what i was trying to get at is chinese and japanese investors, particularly japanese life insurance investors. will they be buying treasuries are there more attractive opportunities locally? andrew: four japanese investors, the hedge yield will be important. the fx is important. someone higher levels, yes, you would see higher flow. i am sure you have seen european flow into the u.s. one of the factors keeping u.s. rates at the long end of the curve slightly lower than they may otherwise be is flows from europe, more than from japan at the moment. outlook,ng about the risks to the bond market, in the event of a significant rise in investors, japanese could be a factor. don't forget, u.s. pension funds and life insurance as well. david: thank you very much. that is andrew balls. the first economic report of the trump presidency. we will speak with the author of that report, kevin