Shelton Capital Management | Real Investment Insights
Shelton Capital Management (Shelton) is a boutique investment firm that helps investors pursue their financial goals through tailored investment solutions and human-centric customer service.
Founded in 1985, the company provides mutual funds, ETFs, ETF-Based Portfolios, and separately managed accounts to the clients of wealth managers, retirement plans, and individual investors.
As of January 31st, 2026, the firm manages more than $7 billion in assets across fixed income portfolios, U.S. equity and international equity strategies, ESG solutions, and equity income products leveraging our expertise in options. Over the decades, we’ve collected awards from established sources such as Morningstar, Lipper, Forbes Advisor, and Pension & Investments.
The company continues to add key employee talent and expand their institutional expertise.
Shelton is headquartered in Denver, Colorado with additional offices in San Francisco.
For more information, visit www.sheltoncap.com
Shelton Capital Management | Real Investment Insights
August Monthly Review and Outlook
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Beneath the Headlines: An Economy in Transition, Not in Trouble
Key Takeaways
» The July jobs report headline (-23,000 payrolls and a combined -103,000 in prior-month revisions) glanc-es over a more nuanced picture: layoffs remain his-torically low and job openings remain plentiful. This looks like a labor-supply problem, not a demand setback. Still, the situation bears watching closely.
» All four dimensions of our Recession Tracker are pos-itive for the first time in months as real personal income turned positive year-over-year in June. The aggregate risk level remains Green | Low Risk.
» Headline GDP (+1.5% in the second quarter) contin-ues to understate the underlying economic momen-tum. Real Final Sales to Private Domestic Purchas-ers, the cleaner read on core private demand, accel-erated to +3.9%, up from +1.7% in the first quarter, according to initial estimates.
» Late-July's Iran-driven volatility (the VIX Index rose +25% and oil jumped to $92/bbl) followed the same pattern we have seen repeatedly: a buying oppor-tunity rather than a trend change, and markets have since staged a V-shaped recovery.