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"-- with the -- it was still waiting for this. Correction and equities you getting nervous. Whether that when markets like in the US -- Once that bout went up by 55%. A year since the -- in mind that case that. Mom may be me carry enormous but you you become Mac kind of interested in what's going next. So what do you think is gonna get. Next I think that that -- -- -- rockets are still going to be quite -- the next year about these enormous amount would agree that this banks have created. But probably we need to be more selective so many we are more cost was. That eleven of moderation which by US equities and we prefer other markets such as you have a plan that. Selected in the aftermath okay I'll come on to that and aside I'm fed liquidity. As as you said it seems very much of either. The of the story of the moment the only show in town feel like volatility taking a bit of a -- what. What shocks. Could knock us out of this this. It's comfortable zone we're in now for the fist shot that comes to mind. You -- monetary authority itself. Because I think the what happened this summer as a reminder that it choices that the defense has updated. On one side that you must be worried about the fact that -- economic recovery is happening but still quite fit in its infancy. On the other side. -- the effectively defend itself has pushed markets with quite high level. And these two things that Kendall would be tickled to have beaten us so taping of tapering he's I think he's going to be -- left. This means of social work when you think that's gonna take being the fourth quarter note next okay. -- How old frequent as use of the word deflation when you're talking about -- -- -- Not very frequent because I believe that that deflation. Technically speaking -- -- be something what that get things that you puppies that. I'm anemic growth so we -- we know we're never inflation. And even video inflation have done just as dangerous thing right away and you don't have to get to. It's deflationary. -- to be to reward. But that we have more keen on seeing that 82 on the positive sign which is that that. Golf -- and we can't but the directory is the right one which is. So you don't think that terrorism deflation psychology developing in Europe now -- is whether it's -- about him. There's any skip all of that is is beautifully shot ma psychology that could be negative. Which means that you cannot postpone US consumers that call for it you postpone spending that. And decisions that even in winning 150 doesn't need to be deflation and he's what I think the ECB. He's trying to fight and has the tools to fight more. I'd like -- you specifically about China from you confident we'll see this sort of market oriented reform that'll. Bulls' confidence and -- enough putting our money into into that market. For the next decade as a now we have a positive which. Naturally. We seeing that. Yes we we we CA is stronger for me because detonation to -- was it. Quite different that. Way of managing -- Not only the economy but also deported to -- outside the track counsel in the form of the gold -- -- and not talking of the economy cat at Wales. Life Russell Mora private sector or oriented economics it's -- -- -- that -- was stronger and determined. As you mentioned with took him there until processors because in China you mentioned pencil indicates that. But it again and deductions positive and blasted the Chinese equity market is she. What is the big for -- and then debate to a fourteen trade. Did begin. Twenty -- into the is that long. Imagine -- could -- with is that being selective way so Chinese the requirement. And the short. Am Japanese government -- Jim Donald Lamar Odom and thanks to witness -- should honor them out of pioneer investments. That is it for me plenty more from the Reuters summit on the -- -- --"^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.reuters.com/video/2013/11/18/reuters-summit-good-signs-from-china-pio?videoId=274579207&videoChannel=1>