According to online reports, Larry Fink, CEO of BlackRock, one of the world's largest asset management companies, said that we will face volatility in the next 90 days, and what the market needs is certainty. When there is this uncertainty, people hold more and more cash, and we have witnessed this. Europe currently has $12 trillion in funds in bank accounts, while the United States has $11 trillion in money market funds. Also, due to uncertainty and a perception that the United States may be overly optimistic: "We are seeing a slight shift in funding from the United States to other economies, especially Europe." He added that global investors are still overallocating to the United States, while most investors are still underallocating to Europe, but the current underallocation has decreased. "I think a key feature is that over time, they will see more and more money flowing into the region, including back into Asia, India and Japan."