Portfolio Manager Jeff Rosenkranz Comments On CPI Report and Rate Hike
“Nothing in today’s FOMC interest rate increase and forward guidance should be surprising to anyone who has been paying attention as the 50 basis point rate increase was well-telegraphed, as were the increase in dot-plot forecasts for terminal rates up to 5.1%,” said Jeffrey Rosenkranz.
Read the full articles: Inflation Cools Slightly in November | Fed Raises Rates Half a Point to Wrap Up 2022
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Shelton Capital Management is a multi-strategy asset manager with fund administration and digital marketing expertise. With a determined focus on growth, Shelton is active in acquisitions and fund consolidations. Shelton Capital Management has expertise in mutual fund and separately managed account advisor mergers and has completed numerous transactions with the goal of improving the financial and economic performance of partner firms. Shelton manages over $3 billion of assets as of 9/30/22. For additional information, visit http://sheltoncap.com.
