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2% Inflation Rate? “Not Anytime Soon”
Dryden Pence, Chief Investment Officer at Pence Capital, talks about the difficulty the Federal Reserve will have targeting a 2% inflation rate and the adjustments they will likely need to make.
Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial”) Manager Select program. PCM’s Chief Investment Officer is Dryden Pence. Dryden Pence is a registered representative with and securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC. PCM is not affiliated with LPL Financial.
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All performance referenced is historical and is no guarantee of future results. All indices referenced, if any, are unmanaged and may not be invested into directly.
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