BlackRock's "2026 Global Investment Outlook" Overview

In the "2026 Global Investment Outlook" released by BlackRock on December 2, a future landscape dominated by "superpowers" like artificial intelligence, with both opportunities and risks, is depicted. The table in the image below outlines its core viewpoints and specific asset allocation recommendations, which can help you quickly grasp the key points.

Investment Insights for Us

Based on this thought-provoking outlook from BlackRock, ordinary investors can consider the following directions:

• Embrace AI, but remain cautious: AI remains a core track, but it is not advisable to blindly chase high prices. Attention can be paid to broader areas related to AI infrastructure construction, such as energy, power grids, and industry.

• Reassess your "anchor": The traditional "60/40" stock-bond balance strategy is weakening. It is necessary to consider that the role of long-term U.S. Treasuries in hedging risks in the portfolio may decline and explore other potential hedging tools.

• Shift from "diversification" to "selection": Simply investing in broad-based indices may not capture future opportunities. The high concentration of the market means that there is greater space for active stock selection and thematic investments. Consider consciously investing in thematic funds, etc., in more certain structural opportunities such as AI and energy transition.

• Focus on global opportunities: In addition to U.S. stocks, it is advisable to moderately increase attention to Japanese stocks and emerging markets that benefit from supply chain restructuring (such as India and Southeast Asian countries).