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Berger: Why things could get rockier for European equities
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The Dax has fallen more than 10% since its peak in April. Serge Berger, known as the Steady Trader, discusses what's behind the fall in European equities. As well as uncertainty over Greece he also looks at the volatility in European bonds and equities. He thinks things will only get rockier for equity investors.
Berger says he's still playing European equities on the short side but that he won't add to new short positions. He says he wants to buy on the dips as he hopes to see a bounce later this summer.