Stockpiling Cash as U.S. Economy Fears Grow | Bloomberg



Published On

September 3, 2020

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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