Market take

AI has the potential to reshape long-term growth, but getting there means navigating today's supply constraints. Wei Li, BlackRock's Global Chief Investment Strategist, unpacks the key themes of BlackRock's 2026 Midyear Outlook. General disclosure : This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to pu...

The U.S. dollar's safe-haven status remains intact. But a stronger dollar no longer automatically translates into broad emerging market weakness. Michel Dilmanian, Portfolio Strategist at the BlackRock Investment Institute, explains why the dollar is no longer the only story for emerging markets. General disclosure : This material is intended for information purposes only, and does not consti...

The twin pressures of vulnerable energy supply and rising power demand are making energy security a durable investment theme. Hugo Liebaert, Sustainable Investment and Research Analytics at the BlackRock Investment Institute, explains where opportunities are emerging around critical energy bottlenecks. General disclosure : This material is intended for information purposes only, and does not const...

Mega forces like AI are reshaping markets and economies, with multiple plausible outcomes ahead. Devan Nathwani, Portfolio Strategist at the BlackRock Investment Institute, explains why this evolving investment landscape necessitates a new portfolio approach built around exposures—not asset class labels. General disclosure : This material is intended for information purposes only, and does not con...

Surging AI investment and geopolitical risks are showing how mega forces are reshaping the investment landscape. Michel Dilmanian, Portfolio Strategist at the BlackRock Investment Institute, unpacks how these developments will shape the debate at BlackRock’s Midyear Investment Forum this week. General disclosure : This material is intended for information purposes only, and does not constitute inv...

Surging long-term bond yields underscore our view that traditional portfolio diversification is being challenged in today’s macro regime. Beata Harasim, Senior Investment Strategist at the BlackRock Investment Institute, explains why investors may need a Plan B built around broader sources of return. General disclosure : This material is intended for information purposes only, and does not constit...

Mega forces are reshaping portfolio opportunities over a strategic horizon of five years and beyond. Devan Nathwani, Portfolio Strategist at the BlackRock Investment Institute, explains how their latest manifestation is shifting where we take growth risk. General disclosure : This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an...

U.S. stocks are hitting record highs even as disruptions in the Strait of Hormuz weigh on global supply chains. Ehsan Khoman, Economist at the BlackRock Investment Institute, explains why we think markets are pricing in both an AI-driven earnings boost and the impact of those disruptions — not signaling a disconnect. General disclosure : This material is intended for information purposes only, and...

U.S. stocks are hitting record highs despite ongoing Middle East supply disruptions. Natalie Gill, Senior Portfolio Strategist at the BlackRock Investment Institute, explains what’s driving their outperformance and why it's keeping us risk-on . General disclosure : This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or so...

Inflation pressures predate the Middle East supply shock, leaving central banks constrained on policy. Nicholas Fawcett, Senior Economist at the BlackRock Investment Institute, explains why we expect yields to remain elevated and how this affects the role of long-term government bonds as portfolio diversifiers. General disclosure : This material is intended for information purposes only, and does...

AI is becoming an even more powerful mega force as investment accelerates beyond already historic levels. Natalie Gill, Senior Portfolio Strategist at the BlackRock Investment Institute, explains how these shifts are reinforcing the U.S. competitive edge. General disclosure : This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an...

U.S.-Iran negotiations collapsed for now, but we see talks as evidence of an economic incentive to end the conflict. Wei Li, BlackRock Global Chief Investment Strategist, unpacks the case for dialing up risk.  General disclosure : This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell...

CAPITAL AT RISK. INVESTMENTS CAN RISE OR FALL IN VALUE. FOR PUBLIC DISTRIBUTION IN THE U.S., CANADA, LATIN AMERICA, SELECT COUNTRIES IN EUROPE (SEE THE FULL DISCLAIMER), ISRAEL, SOUTH AFRICA, HONG KONG, SINGAPORE AND AUSTRALIA. FOR INSTITUTIONAL, PROFESSIONAL, AND QUALIFIED INVESTORS AND CLIENTS IN OTHER PERMITTED COUNTRIES. A stronger U.S. dollar and supply shocks are widening dispersion across e...

CAPITAL AT RISK. INVESTMENTS CAN RISE OR FALL IN VALUE. FOR PUBLIC DISTRIBUTION IN THE U.S., CANADA, LATIN AMERICA, SELECT COUNTRIES IN EUROPE (SEE THE FULL DISCLAIMER), ISRAEL, SOUTH AFRICA, HONG KONG, SINGAPORE AND AUSTRALIA. FOR INSTITUTIONAL, PROFESSIONAL, AND QUALIFIED INVESTORS AND CLIENTS IN OTHER PERMITTED COUNTRIES. The Middle East shock and rising AI-driven power demand are reinforcing e...

The escalating Mideast conflict has now caused energy markets to price in a prolonged disruption. Wei Li, Global Chief Investment Strategist at BlackRock, shares the changes we’re making to BlackRock's tactical investment views.  General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation...

The Mideast conflict has effectively closed the Strait of Hormuz, a key global energy chokepoint. Ehsan Khoman, Economist at the BlackRock Investment Institute, unpacks the implications for markets. General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities,...

The Middle East conflict is causing a supply chain shock. Natalie Gill, Portfolio Strategist at the BlackRock Investment Institute, explains how energy disruptions are driving regional market effects and adding to inflation risk. General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to pu...

Static strategic asset allocation no longer suffices in a world shaped by mega forces. Devan Nathwani, Portfolio Strategist at the BlackRock Investment Institute, explains why It’s crucial to revisit key calls and focus on underlying economic drivers.  General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an...

Markets are laser-focused on the AI buildout, but opportunities shaped by other mega forces abound. Roelof Salomons, Portfolio Strategist at the BlackRock Investment Institute, explains how fiscal expansion tied to geopolitical fragmentation in Japan and Europe is creating new return drivers. General disclosure: This material is intended for information purposes only, and does not constitute inves...

The recent software selloff shows the market is recognizing AI’s disruptive power. Natalie Gill, Portfolio Strategist at the BlackRock Investment Institute, unpacks why the hunt for winners and losers ultimately strengthens the case for AI’s massive buildout. General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or...

Emerging market stocks and bonds are off to a strong start to the year following a stellar 2025. Axel Christensen, Chief Investment Strategist for Latin America at the BlackRock Investment Institute, shares why we think returns can deliver again, though selectivity is key. General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a reco...

Latest mega cap tech earnings continue to show massive spending on AI, even amid market volatility and dispersion. Vivek Paul, Global Head of Portfolio Research at the BlackRock Investment Institute, shares why infrastructure stands out as a clear beneficiary beyond mega cap tech. General disclosure: This material is intended for information purposes only, and does not constitute investment advice...

DM government bond yields jumped last week on renewed U.S. tariff threats, then fell back as the U.S. stepped away from new tariffs on Europe. Michel Dilmanian, Portfolio strategist at the BlackRock Investment Institute, explains how immutable laws came into play again. General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recomme...

Fresh worries about Federal Reserve independence highlight how immutable economic laws can limit policy extremes. Nicholas Fawcett, Senior Economist at the BlackRock Investment Institute,   explains the implications for markets. General disclosure : This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation...

After three rare years of double-digit S&P 500 returns, the prospect of a fourth now hinges on Q4 earnings season. Wei Li, Global Chief Investment Strategist at BlackRock,   highlights three key themes to watch. General disclosure : This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase o...