Stockpiling Cash as U.S. Economy Fears Grow: TIGER 21 Founder Quoted on Bloomberg

Author

TIGER 21

Published On

September 3, 2020

Published In

Investment

TIGER 21 Founder and Chairman  Michael Sonnenfeldt  was featured on Bloomberg by journalist Benjamin Stupples on how Members are investing during a pandemic. 

The following topics were covered: 

  • Cash holdings from Members at about one-fifth of assets to weather this storm 
  • U.S. stock prices keep rising amid Federal Reserve support and strength from tech companies 
  • The U.S. is among the worst-affected nations from the virus.  
  • Expectations for when the crisis will end  

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