In its 2026 Midyear Global Outlook, BlackRock contends that resource constraints, geopolitical fragmentation and rising capital demands are reshaping markets and portfolio construction.
BlackRock Investment Institute’s 2026 Midyear Global Outlook, titled Scarcity vs. Abundance , argues that the global economy is increasingly defined by constraints on labour , energy, infrastructure, capital and materials, with these supply-side pressures influencing growth, inflation and asset pricing. BlackRock identifie d six major macroeconomic questions that investors must address BlackRock state d that while artificial intelligence (AI) has the potentia