Avery Sheffield Joins CNBC’s Closing Bell to Discuss Her Outlook on the Fed, Markets
Avery Sheffield, Co-Founder, CIO and Senior Portfolio Manager at Rockefeller Asset Management’s VantageRock, joined CNBC’s Closing Bell to discuss the implications of potential changes in Federal Reserve leadership. While short-term market speculation may rise, Sheffield emphasized the importance of the Fed’s responsiveness to evolving economic data. She highlighted signs of economic softening, including weak labor metrics and a surge in corporate bankruptcies, suggesting possible rate cuts ahead. Despite growing investor optimism and risk appetite, she cautioned that markets may be vulnerable if expectations for Fed support are unmet. Sheffield recommends investors focus on valuation and look selectively for potential opportunities across defensive and cyclical sectors.
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