kathy: no. krishna: yes. jonathan: final question. duce high-yield exposure to zero, get out, or stay in? michael: stay in. kathy: reduce, but stay in. krishna: stay in. jonathan: my special thanks to all of you. thank you. michael, kathy, and krishna. that does it for us this week as we kick off a brand-new year in 2018. a happy new year to you. we will see you next friday at 12:30 p.m. new york time. 5:30 p.m. in london. this was "bloomberg real yield." this is bloomberg. ♪ .. .. 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 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 "bloomberg etf iq." we focus on the risks and rewards offered by etf. ♪ scarlet: is the tide tur

kathy: i would agree with krishna. spreads her tight and creditons are high and quality keeps deteriorating. you add the tax bill onto it, which is not favorable for high-yield issuers. you do not have a great case there to be all in on high yields. histhan: i asked him about exposure to high yields and whether he had any, and whether he should advise others. bill hadsten at what to say on bloomberg radio and bloomberg tv. spreads are very, very narrow and they follow the stock market. correlation.a 1-4 if the stock market goes up 1%, spreads and the price of the cd ask goes up by a quarter of that. a hugen: there is difference between sitting here and saying 2018 is a year for coupon clipping, you will not get the capital returns you got over the past 20 years. -- i have anve to issue with what he was saying. high-yieldink spreads are very attractive, but whiching them to widen, is what you would have to have to have a short position, i don't think it is realistic. high-yield does ok, you could clip the coupon, but th

kathy: no. krishna: yes. nal question. -- wouldigh pressure you reduce high-yield exposure to zero, get out, or stay in? michael: stay in. kathy: reduce, but stay in. krishna: stay in. jonathan: my special thanks to all of you. thank you. that does it for us this week as we kick off a brand-new year in 2018. a happy new year to you. we will see you next friday at 12:30 p.m. new york time. this was "bloomberg real yield." this is bloomberg. ♪ ♪ scarlet: i'm scarlet fu. this is "bloomberg etf iq." we focus on the risks and rewards offered by etf. ♪ scarlet: is the tide turning for commodities, with oil back at $60 and the bloomberg commodity index trading in an 11 month high. what are the best etf's to play this recovery? we sit down with marc levine on why he soured on hedge funds and throughout almost all of his we

kathy: reduce but stay in. krishna: stay in. jonathan: thank you all. michael, kathy and krishna. it for us this week as we kick off a brand-new year in 2018. happy new year to you. we will see you next friday at 12:30 p.m. new york, 5:30 in london. this was "bloomberg real yield." this is bloomberg. ♪ 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 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. ♪ david: are there many who said, i want to be the leading cellist in the world? yo-yo: so in music there is no such thing as this is the greatest anything, because it is about learning forever. david: what about where you play? yo-yo: you don't have to be there. i don't have to be there. so if we are going to spend time together, let's make it count. >> wou

final thoughts with michael cloherty, kathy jones, and krishna memani. you got your focus on? kathy: your usual for the time a month. decent readings on both. the important thing about cpi is that on a year-over-year basis, it's slightly higher for technical reasons. we had a big dip early last year. looking year-over-year, it will actually outperform what most people's expectations are. jonathan: michael? .ichael: same coul w retail data -- we had so much momentum recently, but even a soft month, we still had impressive quarter. i think we will pay more attention to the inflation data. jonathan: at what point is that story of we got a tax cut i'm going to spend more money kick in? michael: i think it does. when you get tax cuts, it's coming out of recession and everyone's terrified and you don't spend the money. you get one at this point in your much more likely to spend. you will start to get withholding changes going forward so people don't start to see the cash immediately. it's really not until april of next year that people will see the big change i

kathy: no. krishna: yes. : the reduced yield exposure to zero -- would you reduce high-yield exposure to zero, get out, or stay in? michael: keep some in. kathy: reduce but stay in. krishna: stay in. jonathan: my special thanks to all of you. thank you michael, kathy and , krishna. that does it for us this week as we kick off a brand-new year in 2018. happy new year to you. we will see you next friday at 12:30 p.m. new york, 5:30 in london. this was "bloomberg real yield." this is bloomberg. ♪ is this a phone? or a little internet machine? it makes you wonder: shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of talk and text at no extra cost. so all you pay for is data. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com. scarlett: i'm scarlet fu. this is "bloomberg etf iq." here is where we focus on the assets,

kathy: no. krishna: yes. reduce high-yield exposure to zero, would you reduce high-yield exposure to zero, get out, or stay in? michael: stay in. kathy: reduce, but stay in. krishna: stay in. jonathan: my special thanks to all of you, thank you. that does it for us this week as we kick off a brand-new year and 2018. happy new year to you. we will see you next friday at 12:30 p.m. new york time. this was "bloomberg real yield." this is bloomberg. ♪ ♪ >> welcome to the best of bloomberg markets, middle east. i'm tracy alloway. across the we come antigovernment protests sweep across iran. inviting threats of sanctions from the u.s.. oil prices surged to three-year highs on fears of supply disruption as u.s. stockpiles fall. as the u.s. convex a turkish banker of helping evaders iran sanctions. relations between the two bank countries hit a new low. first, t