BlackRock – Global Outlook 4Q Update, Sep 2025
Summary
The main theme of the report concerns the global economic forecast for the fourth quarter of 2025.
Key takeaways include a successful 'pro-risk' strategy amid April's volatility when global equities rebounded from tariff-induced declines, and pressure on long-term government bonds in developed countries due to fiscal issues, leading to multi-year highs in yields in Japan, France, and the UK.
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