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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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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.