Low liquidity day. Things happen. At least PMI data from Germany didn't collapse and moved in the right direction. But France's PMI ruined the party.
UBS was the one who saved Credit Suisse if I remember right. Maybe it wasn't a good move. That chart doesn't look good.
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You're right. And it looks ugly
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Careful. Those are just some days of taking breath before it really falls. The industry in Germany is collapsing.
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