Roughly 10% all around, those banks and the index.Wd40 wrote:This is going to absolutely smash Credit Suisse and UBS shares. Both have significant business outside Switzerland and report their earnings in CHF.
If 2014 was a year of Oil related turmoil. 2015 is going to be a year of currency related turmoils.
Expected from the ECB next week. However, watch them royale-ly eff it up.Primrose Hill wrote:QE QE
I like your positive spin. The Swiss just showed up the euro for precisely what it is, and I expect Berlin/Brussels would like to send their tanks down the road to Zurich, (a la Athens), just this time they have nil jurisdiction... bwahahaha!Wd40 wrote:What the Swiss bank did has helped the EU guys get what they wanted i.e. a weaker currency. ... So it looks like everyone is happy.
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