let disposeBag = DisposeBag()
let first = PublishSubject<String>()
let second = PublishSubject<String>()
Observable.combineLatest(first, second) { $0 + $1 }
.subscribe(onNext: { print($0) })
.disposed(by: disposeBag)
first.onNext("1")
second.onNext("A")
first.onNext("2")
second.onNext("B")
second.onNext("C")
second.onNext("D")
first.onNext("3")
first.onNext("4")