BLACKROCK 2026 GLOBAL OUTLOOK — KEY TAKEAWAYS
AI / Infrastructure-Linked
These align with the “micro is macro” AI capex theme:
– AI networks & incentives
/ $ASI – AI agents & automation
$AKT – Decentralized cloud compute
– GPU infrastructure narrative
According to BlockBeats, BlackRock’s newly released 2026 Global Outlook highlights how AI infrastructure investment is becoming a macroeconomic force, not just a tech trend.
Key themes from the report:
🔹 Micro is Macro
AI infrastructure is concentrated among a few major players, with projected capital expenditures of $5–8 trillion (2025–2030). These investments could support U.S. economic growth in 2026 at 3× the historical average, though uncertainty remains around future revenues and capital efficiency.
🔹 Leveraging Up
Heavy upfront AI spending combined with delayed returns is increasing system leverage. With government debt already elevated, BlackRock favors private credit and infrastructure financing, while staying tactically underweight long-term government bonds like U.S. Treasuries.