Yahoo Finance

European equities still look "very cheap" compared to their US counterparts, but could still slide 5% to 6% from current levels due to the hit from tariffs, according to Wolf von Rotberg, strategist at Bank J Safra Sarasin. "It all depends, at the end of the day, on what we get from the political side and what we get from the macro data side, but I think the European economy is kind of moving back into a more difficult position," von Rotberg tells Bloomberg Television.