Peek at Markets, Economy Before Election: Investment Outlook
TIGER 21 Founder and Chairman Michael Sonnenfeldt was interviewed by CNBC Editor Eric Rosenbaum on how the high-net-worth are investing ahead of the U.S. presidential election
The following topics were covered:
- Members’ “massive shift” to a record-high allocation of cash
- Concerns about the disconnect between Wall Street and Main Street
- Eighty percent of people are employed by smaller businesses and the importance of PPP — Paycheck Protection Program.
