. -- oneu think about the of them was emerging markets.thinking thinking about this relationship between the united states and china, the potential for trade wars and the idea you want to stay clear in a big way. that was a bad call. what happened? pierre-yves: growth is good for em. when you look at history, it's always good. it seems it is very conducive. growth is good. moderate inflation is good. commodities is in good shape in china is doing well. jonathan: that investors overestimate the impact of politics? pierre-yves: is something we need to care about in 2018. which it hasn't headwinds coming to em from politics. 40% of the country's will be going through political transition. second challenge will be the central bank normalization of the main central banks. jonathan: it was just treasury yields staying stubbornly low and the dollar was weakened and everyone ended up disappointed. it wasn't about em. it was about elsewhere. bob: there was some of each and those statements. emerging-market debt pieces all year long. it had the high

signaled oneu sticking point was canada's rollingce first progressive packs and the country's only wanted to launch formal talks if they were more confident a deal could be reached. trudeau canceled the joint media availability in beijing with each leader making a brief statement and taking no questions. u.k. prime minister theresa may says she is confident of a positive outcome when she meets with eu officials this week. may spoke at a joint news conference with jean-claude juncker today. clear, crucially, that we want to move forward together. on a couple of issues, some differences remain that require further negotiations and consultation. continue, but we will reconvene before the end of the week and i am also confident that we will conclude this positively. may spend after they failed to reach an agreement to move the next stage of brexit negotiations. whator sticking point is happens to the irish border when northern ireland leads the eu along with the u.k.. global news powered by more than 2700 journalists and analysts in over 100 countries -- 120 countries. i'm mark crumpton. this

signaled oneu sticking point was canada's rollingce first progressive packs and the country's only wantedhey were more confident a deal could be reached.