European Stocks 'Vulnerable' Without Solid Iran Deal: Schroders
Bloomberg 2026-07-13 08:28:37
Context: European stocks are at risk due to the lack of a solid Iran deal, according to Remi Olu-Pitan, head of multi-asset growth and income at Schroders. Olu-Pitan shared his insights on the outlook for US earnings and European stocks in an interview with Bloomberg Television. He noted that Europe's economic performance is often closely tied to geopolitical developments.
Key Facts
- Remi Olu-Pitan, head of multi-asset growth and income at Schroders, expressed concerns that Europe's economic performance is vulnerable without a clear Iran deal, as Europe tends to benefit from a "peace trade".
- Olu-Pitan's comments were made during an interview with Bloomberg Television, where he also discussed the outlook for US earnings and European stocks.
- According to Olu-Pitan, the absence of a clear peace deal leaves Europe economically exposed, as the region's economic growth is often influenced by geopolitical developments.