The Bid

BlackRock
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The Bid breaks down what’s happening in the world of investing and explores the forces changing the economy and finance. From stock market outlooks to geopolitics and technology, BlackRock speaks to thought leaders and industry experts from around the globe about the biggest trends moving markets.

  1. Retirement Realities: Your Questions Answered - Ask Me Anything with Jaime Magyera

    1D AGO

    Retirement Realities: Your Questions Answered - Ask Me Anything with Jaime Magyera

    Retirement planning is becoming more complex as careers grow less linear, lifespans extend, and financial decisions start earlier in life. From early-career savers to small business owners and those approaching retirement, people are asking how to build financial security while staying flexible in an unpredictable world. In this Ask Me Anything episode of The Bid, host Oscar Pulido is joined by Jaime Magyera, Head of BlackRock’s U.S. Wealth Advisory and Retirement Businesses, to answer listener-submitted questions on retirement realities. Jaime shares perspectives drawn from her work with individual savers, financial advisors, and small business owners across the country. The conversation reframes retirement as the freedom to choose what comes next, rather than a fixed end point. Jaime discusses the importance of starting early, maintaining discipline through market cycles, and building plans that can adapt as careers, families, and goals evolve. The episode also explores the role of professional advice, the challenges facing non-traditional career paths, and why preparation — not prediction — is central to long-term financial resilience. Key insights include: • Why retirement is best viewed as a transition, not a destination • How starting early and staying invested can shape long-term outcomes • Why flexible planning matters for non-linear careers and families • What advisors should consider when working with small business owners • How professional advice differs from social and digital guidance • Why preparedness and emergency savings support financial resilience Key moments in this episode: 00:00 Introduction to The Bid 00:50 Meet Jamie Magyera: Insights on Retirement Planning 01:48 Transitioning into Retirement: Key Considerations 04:05 Financial Planning for Younger Generations 06:41 Non-Traditional Retirement Timelines 09:56 Advisors and Small Business Owners: Planning for the Future 12:45 How To Build Long-Term Client Relationships 15:33 The Value of Professional Financial Advice 17:28 Conclusion and Key Takeaways 18:16 Closing Remarks and Up Next retirement planning, financial security, wealth planning, capital markets, long-term investing, Sources: BlackRock’s Read On Retirement Survey, September 2025 This content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to any company or investment strategy mentioned is for illustrative purposes only and not investment advice. In the UK and non-European Economic Area countries, this is authorized and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorized and regulated by the Netherlands Authority for the Financial Markets. For full disclosures, visit blackrock.com/corporate/compliance/bid-disclosures. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    19 min
  2. Inside Hedge Fund Strategies: How They Work and Why Investors Are Paying Attention

    JAN 30

    Inside Hedge Fund Strategies: How They Work and Why Investors Are Paying Attention

    Hedge fund strategies are gaining renewed attention as market volatility rises and traditional stock and bond diversification becomes less reliable. With inflation uncertainty, shifting monetary policy, and growing macro instability, investors are reassessing how different sources of return and risk management show up across capital markets. In this episode of The Bid, host Oscar Pulido speaks with Mike Pyle, Deputy Head of BlackRock’s Portfolio Management Group, about how hedge fund strategies work and why they are being re-examined in today’s environment. Mike explains what defines hedge fund strategies, how their flexibility seeks to allow managers to express views more precisely, and why they can play different roles within portfolios depending on investor objectives. They explore common misconceptions around hedge fund strategies, including the idea that they are inherently high risk or designed solely to outperform equities. Mike outlines how these strategies span a wide range of risk profiles and can be used for diversification due to their potentially lower correlation to traditional assets. The conversation also examines why macro volatility since 2021 has created a more favorable backdrop for hedge fund strategies, and how their ability to either navigate or reduce macro exposure is shaping investor interest. Key moments in this episode: 00:00 Introduction: Navigating Uncertainty in Today's Market 03:57 Debunking Myths About Hedge Funds 07:36 The Growing Interest in Hedge Funds Strategies 12:18 Hedge Funds vs. Other Alternatives 16:31 Evolution of the Hedge Fund Industry 18:28 Key Takeaways for Investors 19:41 Conclusion and Next Up Key insights include: • What hedge fund strategies are and how they differ from traditional investments • Why lower correlation, not market outperformance, is often the core objective • How higher volatility and macro uncertainty are reshaping portfolio construction • How hedge fund strategies compare with other alternatives like private markets and infrastructure • Why scale and multi-strategy platforms are changing the hedge fund landscape hedge fund strategies, capital markets, portfolio diversification, alternatives investing, market volatility, megaforces This content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to any company or investment strategy mentioned is for illustrative purposes only and not investment advice. In the UK and non-European Economic Area countries, this is authorized and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorized and regulated by the Netherlands Authority for the Financial Markets. For full disclosures, visit blackrock.com/corporate/compliance/bid-disclosures. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    21 min
  3. Macro and Geopolitical Outlook - Live From Davos

    JAN 22

    Macro and Geopolitical Outlook - Live From Davos

    Global markets are entering 2026 amid heightened geopolitical uncertainty, structural shifts in the global order, and rapid technological change. Recorded live from the World Economic Forum in Davos, this episode of The Bid examines the macroeconomic and geopolitical forces shaping the year ahead. Host Oscar Pulido is joined by Philipp Hildebrand, Vice Chairman of BlackRock, and Tom Donilon, Vice Chairman of BlackRock and Chairman of the BlackRock Investment Institute. Drawing on conversations with political leaders, policymakers, and business executives in Davos, they reflect on an evolving geopolitical landscape and its implications for markets, governments, and global cooperation. The discussion explores how shifts in U.S. policy are reshaping alliances — particularly between the United States and Europe — and why this period may mark a broader transition away from the post–World War II global framework. Philipp outlines the pressures facing Europe, while Tom examines how national security considerations are increasingly shaping economic policy, trade, and global investment flows. Artificial intelligence emerges as a central theme, viewed both as an economic driver and a geopolitical force. The episode considers AI’s role in national security competition, the growing importance of data centers and energy infrastructure, and how concerns around sovereignty, critical minerals, and societal impact are elevating AI from a technological issue to a political one. Key insights ·      How current geopolitical developments are reshaping the global outlook entering 2026 ·      Why Davos remains a key forum for understanding policy and market sentiment ·      Where Europe’s macroeconomic challenges and opportunities are most pronounced ·      How AI is increasingly intersecting with geopolitics and national security ·      What recent U.S.–Europe tensions reveal about future global cooperation ·      How investors and policymakers are interpreting uncertainty in today’s environment Geopolitics, global macro outlook, Europe economy, World Economic Forum Davos, AI and geopolitics, global markets, policy uncertainty This content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to any company or investment strategy mentioned is for illustrative purposes only and not investment advice. In the UK and non-European Economic Area countries, this is authorized and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorized and regulated by the Netherlands Authority for the Financial Markets. For full disclosures, visit blackrock.com/corporate/compliance/bid-disclosures. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    36 min
  4. Stock Picker's Guide to 2026: How AI and Earnings Will Shape Stock Market Trends

    JAN 16

    Stock Picker's Guide to 2026: How AI and Earnings Will Shape Stock Market Trends

    AI investment, evolving earnings leadership, and shifting global dynamics are redefining stock market trends as investors enter 2026. Companies are deploying unprecedented capital toward data centers, compute, and productivity-enhancing technologies, while rate cuts and supply-chain realignment reshape the macro backdrop. These forces are changing how fundamentals, valuations, and sector growth patterns show up in equity markets. In this episode of The Bid, host Oscar Pulido speaks with Carrie King, Global CIO of BlackRock’s Fundamental Equities group, about the major drivers influencing the 2026 equity outlook. Carrie breaks down why high-level valuations may mask improved corporate quality, how AI-related investment is broadening beyond semiconductors, and why the gap between megacap earnings and the rest of the market may begin to narrow. They also explore how global monetary easing is benefiting emerging markets, why Japan’s structural reforms continue to support its equity story, and how diversification is becoming more challenging in a market shaped by a few powerful megaforces. Carrie explains what this means for sector positioning, volatility, and where long-term investors may find underappreciated opportunities. Key moments in this episode: 00:00 Introduction: Can Stocks Maintain Momentum in 2026? 03:29 AI's Dominance in the Market 09:34 Global Investment Trends and Opportunities 12:06 Earnings Growth and Sector Performance 15:36 Diversification Strategies for Investors 17:10 New Year's Resolutions for Investors 18:59 Conclusion and Upcoming Episodes Key insights include: ·      How AI-driven spending is reshaping earnings patterns and stock market trends ·      Why equity valuations may be better anchored than headlines suggest ·      Where the “other 493” may see accelerating earnings growth ·      How global rate cuts and supply-chain shifts are supporting EM and Japan ·      Why diversification requires new approaches in a megaforce-driven market ·      Which sectors—industrials, travel, and healthcare—may offer overlooked potential stock market trends, AI investing, megaforces, capital markets, equity markets, global investing, sector rotation Sources: Written Disclosures In Episode Description: This content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to any company or investment strategy mentioned is for illustrative purposes only and not investment advice. In the UK and non-European Economic Area countries, this is authorized and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorized and regulated by the Netherlands Authority for the Financial Markets. For full disclosures, visit blackrock.com/corporate/compliance/bid-disclosures. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    20 min

  5. 12/19/2025

    Market take: The Diversification Mirage in Plain Sight

    This week, the focus is on diversification—and why it’s getting harder to achieve. Portfolio Strategist Natalie Gill explains how the “diversification mirage,” a key theme in BII’s 2026 outlook, is now showing up in real time. A small set of megaforces is increasingly dictating equity performance, meaning traditional attempts to diversify—whether toward equal-weighted indices or new regions—can amount to larger active positions than many investors realize. Natalie also breaks down how rising developed-market bond yields challenge the long-held assumption that long-term bonds reliably balance portfolios. Fiscal strains, shifting central bank stances, and policy divergence between the U.S. and other economies further complicate the diversification picture. As bond volatility rises and a small number of equity drivers dominate returns, investors may need to reconsider how and where true diversification can be found. The episode also highlights the growing disconnect between the Federal Reserve’s policy posture and the more hawkish tone across Australia, Canada, and Japan—where fiscal dynamics and reopening risks are influencing long-term rates. These divergences, paired with delayed U.S. labor data and inflation considerations, shape the macro backdrop as markets enter the new year. Key Insights ·      Diversification is increasingly difficult as a handful of megaforces drive global equity performance. ·      Traditional diversifiers—such as long-term government bonds—provide less balance amid rising yields. ·      Policy divergence between the U.S. and other major central banks is creating new cross-market risks. ·      Fiscal concerns are influencing yield curves, particularly in Japan and the UK. ·      Portfolios may require more deliberate, active decisions and alternative sources of return to achieve true diversification.   diversification, megaforces, capital markets, macro trends, bond yields, portfolio balance, market outlook This content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to any company or investment strategy mentioned is for illustrative purposes only and not investment advice. In the UK and non-European Economic Area countries, this is authorized and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorized and regulated by the Netherlands Authority for the Financial Markets. For full disclosures, visit blackrock.com/corporate/compliance/bid-disclosures. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    6 min

  6. 12/12/2025

    Market take: How a Softening Labor Market Shapes the Fed’s Next Move

    As The Bid takes a short break for the holidays, we’re introducing listeners to Market Take, the weekly macro podcast from the BlackRock Investment Institute. Market Take offers fast, digestible insights on what’s moving markets - and this week, the focus is squarely on the labor market. Senior Economist Nicholas Fawcett breaks down why softer U.S. labor data is reinforcing expectations for another potential Federal Reserve rate cut. With hiring and labor supply both cooling, policymakers are watching these trends closely as they navigate the balance between inflation control and economic resilience. Nicholas also explores how delayed jobs data complicates the Fed’s visibility into the economy, what markets are pricing in ahead of the December meeting, and how fiscal dynamics in the UK are shaping long-term bond views. Whether you’re tracking monetary policy, macro signals, or broader capital markets trends, this short episode offers a concise view of the forces shaping the economic backdrop. Key Insights ·      The U.S. labor market is softening, raising the likelihood of another Fed rate cut. ·      Payrolls show a “no hiring, no firing” pattern as labor demand and supply slow. ·      Delayed jobs data may create noise, but markets still expect a quarter-point cut. ·      Fiscal tightening in the UK influences gilt valuations and long-term yield dynamics. ·      Labor market trends, inflation, and rates continue to guide broader market sentiment labor market, inflation, interest rates, Federal Reserve, capital markets, macro trends, market commentary, economic outlook This content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to any company or investment strategy mentioned is for illustrative purposes only and not investment advice. In the UK and non-European Economic Area countries, this is authorized and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorized and regulated by the Netherlands Authority for the Financial Markets. For full disclosures, visit blackrock.com/corporate/compliance/bid-disclosures. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    6 min
  7. 2026 Outlook: Pushing Limits

    12/05/2025

    2026 Outlook: Pushing Limits

    AI-driven investment, rising leverage and shifting market dynamics are reshaping the 2026 stock market outlook. As companies accelerate spending on data centers, chips and digital infrastructure, micro-level decisions are increasingly influencing the capital markets and broader economy. In this episode of The Bid, host Oscar Pulido speaks with Jean Boivin, Head of the BlackRock Investment Institute, about the major forces shaping the 2026 markets and investing landscape. Jean breaks down how AI-related capital expenditure is transforming growth patterns, why governments and companies may need to leverage up to finance large-scale projects, and how these trends interact with today’s policy and market environment. They also explore the diversification mirage — the idea that in an economy driven by a few powerful megaforces, some strategies that appear diversified may actually be concentrated calls. Jean shares how this affects views on regional equity markets, fixed income trends and the evolving structure of global investing. 🔗 Check out this Spotify playlist for more on the AI growth story: https://open.spotify.com/playlist/1rt6kLl0fzg9D7puEkAupq Key moments in this episode: 00:00 Introducing AI's Unprecedented Growth in 2025 and Beyond 01:11 Introduction to the 2026 Global Outlook 02:04 Three Big Market Themes for 2026 03:33 AI's Dominance and Economic Impact 05:39 Is AI in a Bubble? 09:44 Leveraging Up: Financing the AI Boom 12:30 Diversification Mirage in the AI Era 15:06 Future of Finance: Private Credit and Digital Innovation 17:30 Investment Opportunities Beyond AI 19:28 Conclusion and Final Thoughts 🔗 Watch and Subscribe to The Bid on YouTube: https://1blk.co/48iHOs4  🔗 Follow Us on LinkedIn: https://1blk.co/3v09q6Q  🔗 Follow Us on Twitter (or X): https://1blk.co/3NuiIOW  🔗 Learn More About BlackRock: https://1blk.co/41uwhDS  Sources: BlackRock Investment Institute 2026 Global Outlook 2026 market outlook, AI investing, AI Buildout, AI infrastructure, Capital markets, Megaforces, Stock market trends, Private credit, Global macro outlook, diversification strategies This content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to any company or investment strategy mentioned is for illustrative purposes only and not investment advice. In the UK and non-European Economic Area countries, this is authorized and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorized and regulated by the Netherlands Authority for the Financial Markets. For full disclosures, visit blackrock.com/corporate/compliance/bid-disclosures. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    21 min
  8. Europe’s Economic Comeback: What It Will Take for a Broad Resurgence

    11/21/2025

    Europe’s Economic Comeback: What It Will Take for a Broad Resurgence

    Europe’s macro outlook is shifting. After years of fiscal restraint and fragmented policy, the region is entering a new chapter one centered on pro-growth fiscal policy, energy security, and capital-market reform. For investors, this transformation signals the potential for renewed momentum in European equities and fixed income. In this episode of The Bid, host Oscar Pulido speaks with Helen Jewell, Chief Investment Officer for EMEA Fundamental Equities, and Roelof Salomons, Chief Investment Strategist for Northern Europe at the BlackRock Investment Institute, about how Europe’s evolving macro and investing environment is creating new opportunities across sectors. They explore how fiscal flexibility is enabling investment in productivity and innovation, how energy transition and AI demand are reshaping infrastructure and power markets, and why European banks, defense companies, and energy-efficiency leaders have emerged as standouts. The conversation also looks at the valuation gap between Europe and the U.S., the implications of potential ECB rate cuts, and what reforms could drive a broader, more durable resurgence. Key Takeaways: ·      Europe’s shift toward fiscal flexibility marks its first explicitly pro-growth stance in over a decade. ·      The intersection of energy transition and AI is driving infrastructure and power investment. ·      Banks, defense, and efficiency-focused industrials remain strong performers. ·      Europe still trades at a discount to the U.S., offering selective opportunity. ·      Integration of capital markets could unlock long-term competitiveness. Key moments in this episode: 00:00 Introduction: Europe's Economic Challenges and Optimism 01:10 Meet the Experts: Helen Jewell and Roelof Salomons 02:17 Historical Context: Europe's Economic Journey 03:51 Current Barriers and Progress in Europe 05:40 Sector Focus: Defense, Banks, and Energy 08:49 Fiscal Policy and Unified European Growth 10:33 Energy and AI: The Long-Term Investment Landscape 14:30 Valuation and Market Opportunities in Europe 17:17 Conclusion: Path to a Broad Resurgence in Europe 19:21 Closing Remarks and Future Outlook Europe investing; Europe macro; European equities; investing in Europe; capital-markets union; energy transition Europe; European fiscal policy; European banks; AI power demand; ECB rate cuts; BlackRock Investment Institute; European defense; valuation gap; competitiveness in Europe Sources: “What’s needed for an investment renaissance in Europe?”, BlackRock Investment Institute, October 2025; NATO, August 2025; BlackRock Fundamental Equities analysis, September 2025; “Entering The Age of Electricity”, IEA Electricity Demand 2025; This content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to any company or investment strategy mentioned is for illustrative purposes only and not investment advice. In the UK and Non-EEA countries, this is authorized and regulated by the FCA. In the EEA, it is authorized and regulated by the AFM. For full disclosures, visit blackrock.com/corporate/compliance/bid-disclosures. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    20 min
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The Bid breaks down what’s happening in the world of investing and explores the forces changing the economy and finance. From stock market outlooks to geopolitics and technology, BlackRock speaks to thought leaders and industry experts from around the globe about the biggest trends moving markets.

Information

  • Creator
    BlackRock
  • Years Active
    2018 - 2026
  • Episodes
    250
  • Rating
    Clean
  • Copyright
    © 2025 BlackRock, Inc. All Rights Reserved. BLACKROCK is a registered trademark of BlackRock, Inc. All other trademarks are those of their respective owners.
  • Show Website
    The Bid

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