#### Bug, feature request, or proposal: Bug #### What is the expected behavior? The placeholder should be placed above the input. #### What is the current behavior? When set value with { emitEvent: false }, the placeholder however, stays in the field, overlapping the value. See screenshot below:  #### What are the steps to reproduce? Plunker template: https://plnkr.co/edit/sJzdfPYWoENNXHcQcLwG?p=preview #### Which versions of Angular, Material, OS, TypeScript, browsers are affected? Angular 4.3.6 Angular Material 2.0.0-beta.10 Windows 10 Typescript 2.5.2