Finance

RBC BlueBay’s Dowding Sees Recession Risk for Europe on Iran War

Europe faces recession if the Strait of Hormuz crisis isn’t resolved within a month, according to Mark Dowding, chief investment officer for fixed income of RBC Bluebay Asset Management.

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Bloomberg
April 27, 2026·1 min read
RBC BlueBay’s Dowding Sees Recession Risk for Europe on Iran War

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Europe faces recession if the Strait of Hormuz crisis isn’t resolved within a month, according to Mark Dowding, chief investment officer for fixed income of RBC Bluebay Asset Management.

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RBC BlueBay’s Dowding Sees Recession Risk for Europe on Iran War

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