Swan Events: Tiger and Market Concerns

swan events: The move also marks Tiger 21's first cash-raising effort in three years, according to Market Watch. Here's where Tiger 21's allocation stands now Caption outside of wrapper for normal article images The ongoing tariff tiff with China tops their long list of market concerns, along with an unsustainable budget deficit and the failure to make progress with North Korean relations. The 750 members of Tiger 21, a coalition of investors with some 75 billion in assets, increased their cash holdings by 20% in the first quarter, bringing the group's total allocation to levels not seen since the start of 2013. A bigger cash pile will also come in handy, they say, in the face of any other black swan events that could rattle stocks. The group is backing away from hedge funds, but just slightly, while real estate, still the asset of choice, has steadily fallen out of favor, dropping from a peak of 33% in the second quarter of 2017 to the current 26% level. Tiger 21 President Michael Sonnenfeldt told Market Watch that members are also worried about continued government dysfunction, failing infrastructure, stock markets being priced to perfection' and rising economic inequality leading to greater polarization in America and elsewhere. (news.financializer.com). As reported in the news.