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BLACKROCK INVESTMENT INSTITUTE

2025 Midyear Global Outlook: Getting a grip on uncertainty

U.S. policy shifts and elevated uncertainty mark the evolution of the new macro regime. Identifying the defining features of this environment is critical now. We have more certainty about near-term outcomes than long term – keeping us positive on risk assets and U.S. stocks. Mega forces like AI are the new driver of durable returns.

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Larry Fink on economic growth and prosperity

In his 2025 Chairman’s Letter to Investors, Larry Fink shares how our thinking on retirement can be reshaped and how expanding access to capital markets can help build a more prosperous future for more people.
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