Put them together, you get paidweb. We look at one of the bestperforming china etfs this year. Whether you embrace or fear etfs, there is no getting around their influence. Of course, we want to bring in Eric Balchunas now to get a sense of where the money is coming and going. Eric you brought it up, it is deja vu all over again when it comes to etf flows. December flows going from 2 billion a day to 3 billion a day. Institutions have gotten back in the market because of tax reform. I can tell by the products they are using. A ton of flows. A lot of hot money excited. It is really dia that seals the deal. When we look at dias historical flows, the last time we saw flows like this was right after the election. Dia is the dow jones etf, which is largely forgotten. After trump won, we saw a lot of flows into the dow. Weve seen 1. 5 billion in december. Why do people like of the dow to play trumps agenda . Lets look at what the dow actually looks like. It is an odd index. It is price weigh
Sooner. In the letter i submitted the National Conference of mayors pointed out that the Clean Air Act required federallysupported transportation activities are consistent with state air quality Implementation Plans and the largest rail hub in the country. According to the center of Regulatory Solutions freight traffic is expected to increase by 80 by 2020. How does epa expect the financially troubled state to implement these standards when the agency has not and will not consider the full potential cost of implementation . If i could just point out, sir, that the Health Standard sets up a process where states develop plans over time and there is significant time to achieve this standard but the majority my time has expired and if you can respond in writing back to these. The vast majority of the counties will be in the amendment as a result of national standards. Thats an important thing to remember. This is not on the backs of the states. It is a partnership between the National Gove
Together for p5 1. And this also shows china wants to play a role though the United States is still the first fiddle. And china is the third one. The second one is the europeans. But we are learning. We are still in internship. To have a digression you have your American University in beirut for more than 100 years. And you have American University in cairo. We even dont have many confucius institutes there. So you can help us for that. The third one is there are emerging, new overlapping interests in cooperation. Like our cooperation against piracy piracy. Navigation safety security. And our cooperation on the chemical weapon issue of syria. Et cetera. So i still believe the United States is the most important factor. But you will change your ways of thinking and practicing. Thank you. You mentioned quartet versus p5 1. Brian spoke insightfully on the fact that the p5 1, if a deal is done, the first question becomes can it hold together in enforcing and supporting a deal . Then anothe
Security issue which has the Great Potential for souring the overall strategic discussion. I think it makes it hard. I think its essential for us to try to explore these ideas, but it becomes more of an academic or think tank exercise and less of a practical exercise if these sorts of perceptions create is much distrust. Last comments before i go out to the audience . Let me go out. We have a lot of hands and we have 10, 12 minutes. Im going to start with the gentleman way back on the left. Yes, you. Yes ill bill jones from executive intelligence review. Id like to just focus on this issue of the one road and one belt. Because it seems to me that the way the u. S. The attitude toward the one road, one belt will determine the course of human history. If it is willing to join this and to work in this, i think were going to have a flourishing of Economic Growth the likes which of we havent seen. We saw at the ufa conference nearly 50 of the World Population has said, we have to move in a
The misaligned lanes. Lets take a look at what they did. On the left hand side, we showed you all yesterday, which was the problem, and you can see the striping and how cars are going over. They had to do a big turn, and nobody could really maneuver that quickly or sharply, and stay in their lanes. So that was a danger and a hazard, and then on the right, you see how smooth it is now with the thick white line going almost absolutely straight, and trouble free. Commuters are able no navigate that easily this morning. Will tran is really the one who got the results yesterday, and saw the results this morning. Will feels pretty good to see it all fixed. Reporter it feels really good because obviously we dont want anybody getting into an accident. We complained about it for two hours straight, but it was exactly 24 hours ago that the lead architecture and i had him live on the kron4 news he said its in green with mark danon and the rest of us that it was too dangerous as you head into the