FOR PUBLIC DISTRIBUTION IN THE U.S., CANADA, LATIN AMERICA, ISRAEL, HONG KONG, SINGAPORE AND AUSTRALIA. FOR INSTITUTIONAL, PROFESSIONAL, QUALIFIED CLIENTS AND INVESTORS IN OTHER PERMITTED COUNTRIES An accelerated transformation We have argued the global economy is undergoing a profound transformation driven by mega forces, including geopolitical fragmentation and the future of finance. That is now being accelerated. BIIM0425U/M-4455400-1/26 BlackRock Global outlook Q2 2025 update April 2025 BlackRock Invest ...