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Welcome to bloomberg data rate europe. Daybreak europe. I am anna edwards. Matt i am met miller in berlin. Really exciting time following the d g20 two in Bodden Bodden badenbaden. And here onn berlin their daybreak show, good to have you on the program. Lets characterized we saw in u. S. Equity markets. Substantial loss of 1 coming through on the major u. S. Indices you do you say this is a questioning of the reflation trade, a questioning of the trump trade . It depends on a extent to which you think the trump trade was priced in. You saw indices to look at help here. De us through this is companies that have high tax bills and in the blue we have companies that typically benefit from share buybacks which might get a boost and he might see that repatriated. Neither of those categories are stocks have been doing all that well since the middle of january. Neither of those are what you might call trump trade have benefited in the mo ....