BlackRock CEO Fink: In the next 90 days, we will face volatility as funds begin to shift from the US to Europe.

One of the largest asset management companies in the world, BlackRock CEO Fink, stated that in the next 90 days we will face volatility, and what the market needs is certainty. When there is uncertainty, people tend to hold more and more cash, and we have already witnessed this. Currently, there are $12 trillion dollars in European bank accounts, and $11 trillion dollars in money market funds in the United States.