Swiss

Yeah, I would say it was a huge disappointment when we were hearing the conversation and the negotiation with Switzerland and the US. It seemed like they were in the right going in the right direction that Switzerland executive were expecting some good news to come out of the tariff and I think it really came in as a shock. Now the reality for the Swiss equity market is that a lot of negative news was already in the price and this is probably why the market reaction this morning is quite negative but not ov ...