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Under 30 minutes until the end of a session. Go. It will extend until the end of qe 17. The caveat, the ecb can expand or extend if the outlook worsens, it can buy assets below the deposit rate if needed and abide bonds maturing between one and 30 years come a whole load of measures. Look at the move in the market come equities are rallying and we see the euro fall and bond yields are rising. Lets look at the other big stories. It is a month since the u. S. Election, the 2 trillion shock is what some could call it because since last november 8 a month ago today we have seen global stocks, the blue line is risearket capitalization by 2 trillion and the bond market, the Bloomberg Global aggregate market value, a tongue by 2r, but it has fallen trillion, one rising 2 trillion and one falling 2 trillion. You know why come all about the reflation train come a lovely chart and very simplistic. I want to show you about the differential in performance between the european stock market and the

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