Peek at Markets, Economy Before Election: TIGER 21 Founder Discusses Investment Outlook for the High-Net-Worth

Author

TIGER 21

Published On

October 29, 2020

Published In

Investment

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. 

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