still with us is dan kemp, cio emea, morningstar investment management. you have $217 billion of asset management, i am sure you own automotive related assets. i wonder what your take is on the global industry right now. we start to see the consolidation. is it late, and how important is it? dan: i think the important thing to say is that we are primarily asset allocators, multi-asset investors. i am not going to give you a view on individual auto manufacturers, that is for my equity research colleagues to weigh in on. as we think about the industry as a whole and the broader sectors in europe, as we were saying earlier, they are at the epicenter of concerns of global trade. it is an industry that faces clear challenges around sustainability and what is happening to concerns about carbon. there are long-term structural challenges, but more acutely we have seen this worry about autos and trade, and what is happening in the white house. if we see some of those concerns rumblings ofee the a solution to the trade war really coming to fruition, then potentiall

if you look at flows, for example, morningstar come up flows this year were mainly in bonds and cash substitute products. the flows and equity started in august, september. the rally that started at the beginning of the year was done with the year was done with very little money of investors. investors started pouring money into markets in september, october, now it is starting. there is a space for more money from investors. i think what investors have -- thed is that equities new bonds, especially with dividends. it is very difficult to avoid. [indiscernible] francine: what industries will benefit from -- i am not exactly sure how you would describe it, traded truce or something like that. it's been 20 months of a to protect between the u.s. and china -- tit-for-tat between the u.s. and china. fiona: the trade war is clearly not finished. a truce was declared yesterday but the trade war is not finished. depending on what happens in the election next year, it could start again. some of the important factors such as technology have not been solved yet. we would be careless if the mar

pete: it is your shot of the morningstar wars the rise of sky walker, it's winning at the box office, but a new study finds that winning fans hearts may actually be impossible. ed: researchers at the ohio state university interviewed fans of the sci-fi series before and after screening of the last jedi and found the only ones that liked the movie were those who felt it met their very high expectations. everyone else, even those with low expectations, either hated the film or didn't like it as much as others. >> the researchers say this shows any pre pre conception can ruin your experience, and i would say the force is strong with you two. ed: thank you. >> lisa: that's the only part i know from star wars. pete: the whole study and the takeaway was go to the theatre with an open mind? >> lisa: i would have. pete: you go anywhere, where there are superfans and you're never making people happy. someone leaves ticked off like j ar-jar binks? ed: every time we go out there are super fans waiting to see pete and i don't think they are disappointed. pete: that is not true. ed: in the meantim

image certainly not going to stop the weapons morningstar that we're you know that we're at now is that mexico like a hill the former chief of international operations at the u.s. drug enforcement administration thank you for joining us on al-jazeera like it's my pleasure thank you now about 3800000 people have voted in the fast round of croatia's presidential election for more let's go to mary in the monsey who is in our european forecast center. yeah that's right polls have closed in the past half hour in what is expected to be a tight race the incumbent kalinda of each is seeking a 2nd 5 year term as question prepares to take over the european union's or taking presidency for the 1st time that of the church is up against the leftist former prime minister zoran milankovitch and right wing singer shikar of iran alone is likely to be held as no can that is expected to win an outright majority let's cross to a bit of being who is in the creation capital zagreb i think the initial exit polls are showing that the leftist candidate not out of it ship is to be leading. that scar that as you