BlackRock – 2025 Midyear Global Outlook

The main theme of the report is the analysis of the global economic and market situation amid heightened uncertainty and policy changes.

The report emphasizes that the world is undergoing a transformation driven by structural changes such as megaforces (e.g., artificial intelligence), which shape growth trajectories and serve as a sustainable driver of returns. Key themes include: investing in the current moment, highlighting greater confidence in the short term; managing risks in the absence of macroeconomic anchors; and finding anchors in megaforces.