BlackRock Analyst: Encrypted money market charts “quite scary”


nnnIn the 2014 mid-year investment outlook, the chief investment analyst called for vigilance to encrypt the money market situation. Although there is no mention of encrypted money market analysis or the company’s forecast of its trend, but personally think that market trends are scary. But there is no evidence that the market will affect the overall financial market, but proved that the volatility of the market.n
nnTranslation: Annie_Xun
nThe world’s largest asset management group chief investment analyst called for vigilance of the status of encrypted money market.n
nAt the end of March, BlackRock, which managed more than $ 5 trillion in total assets, posted a 2017 mid-year investment outlook, said chief investment analyst Richard Turnill in the interview. Despite the mention of encrypted money market analysis or the company’s forecast of its trends, Turnill shared his current view of the market.n
nTurnill said the status of the encrypted money market, said, “I looked at the charts, for me quite scary.”n
nEncrypted money market in recent days, a significant decline since the end of May, the ether-based network of currency for the first time fell to less than 200 US dollars.n
nTurnill argues that the sale of encrypted money will not pose a risk to the overall financial market.n
nn”There is no evidence that the clearing of currency prices will affect the overall financial market, but for me, this is the market price volatility of the proof.”n

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