FacebookLinkedInTwitterYouTube

Pence Wealth

About Pence Wealth

This author has not yet filled in any details.
So far Pence Wealth has created 21 blog entries.

Daily Market Report | 06/07/2023

2023-06-07T10:52:22-07:00

Daily Market Report | June 7, 2023 US FINANCIAL MARKET Treasuries Slide after Surprise Canada Rate Hike: Markets Wrap - Bloomberg, 6/7/2023 US stocks drifted as a rally in technology stocks wavered, and US Treasuries fell after an unexpected increase in Canada’s interest rates. The S&P 500 was little changed after earlier gains in technology and commodity stocks. The Nasdaq 100 fell 0.7%. The Dow Jones Industrial Average was little changed. Crude oil futures in New York jumped 1.4%, driving energy producers higher. However, gains in the broader market were fleeting as traders briefly [...]

Daily Market Report | 06/07/20232023-06-07T10:52:22-07:00

Daily Market Report | 06/06/2023

2023-06-07T10:52:07-07:00

Daily Market Report | June 6, 2023 US FINANCIAL MARKET Stocks Drift as Tech Rally Takes Pause; Oil Falls: Markets Wrap - Bloomberg, 6/6/2023 US stocks drifted Tuesday as Apple Inc. extended losses, halting the recent rally in technology shares. The S&P 500 was little changed as Apple shed on concern the steep price of its much-anticipated mixed-reality headset will crimp shipments. The Nasdaq 100 fell 0.2%. The Dow Jones Industrial Average was little changed. The benchmark equities index is on the edge of a new bull market. However, the mood across global markets [...]

Daily Market Report | 06/06/20232023-06-07T10:52:07-07:00

Daily Market Report | 06/05/2023

2023-06-05T10:20:31-07:00

Daily Market Report | June 5, 2023 US FINANCIAL MARKET Stocks Drift After Services Data; Oil Pares Gain: Markets Wrap – Bloomberg, 6/5/2023 US stocks drifted and Treasury yields fell as a gauge of US services offered a less upbeat assessment of the US economy. The S&P 500 was little changed. The Nasdaq 100 rose 0.3%. The Dow Jones Industrial Average fell 0.2%. The Institute for Supply Management’s overall gauge of services unexpectedly fell to the lowest level of the year, helping to erase earlier gains in the benchmark equities index. A morning rally [...]

Daily Market Report | 06/05/20232023-06-05T10:20:31-07:00

Pence Perspective Newsletter – Q2 2023

2023-04-26T13:49:06-07:00

Bottom Line Up Front The combination of a historically accommodative Federal Reserve and a Federal Government with an incredible fiscal impulse has resulted in an economy that has proven immensely difficult to slow. At the beginning of this hiking cycle, few people – if any – thought the Federal Reserve would be able to push through 475 basis points of tightening in under a year and see little to no progress on slowing the economy. While we likely have not seen the full impact of tightening to date it’s becoming apparent that consumers used pandemic dislocations in policy [...]

Pence Perspective Newsletter – Q2 20232023-04-26T13:49:06-07:00

“So, What?” with Dryden Pence – Episode 2

2023-03-29T12:51:09-07:00

Dryden Pence takes a deeper look into interest rate hikes, the recent banking turmoil, and the resiliency of the U.S. economy. Episode 2 Important Information The opinions expressed are for general information purposes only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making any decision. 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. The opinions [...]

“So, What?” with Dryden Pence – Episode 22023-03-29T12:51:09-07:00

Bonds ‘Legitimate and Meaningful Alternative’ to Build Income

2023-03-29T12:47:57-07:00

Bonds ‘Legitimate and Meaningful Alternative’ to Build Income Dryden Pence, Chief Investment Officer at Pence Capital, talks about bonds, investor sentiment, interest rates, defense stocks, and the outlook for the economy. (Source:  Yahoo Finance) 03/23/2023 Disclosure: 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 [...]

Bonds ‘Legitimate and Meaningful Alternative’ to Build Income2023-03-29T12:47:57-07:00

Banks Will Survive

2023-03-23T13:52:53-07:00

Banks Will Survive Pence Wealth Management President Laila Pence discusses the current banking turmoil and the upcoming fed meeting and the possibility of another rate increase. (Source: Bloomberg Daybreak: Asia) 03/21/2023 Disclosure: The opinions expressed are for general information purposes only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making any decision. All performance referenced is historical and is no guarantee of future results. All indices referenced, if any, are unmanaged [...]

Banks Will Survive2023-03-23T13:52:53-07:00

Lack of Consumer Confidence Can Hurt Regional Banks

2023-03-23T13:51:10-07:00

Lack of Consumer Confidence can Hurt Regional Banks Pence Wealth Management President Laila Pence discusses why she thinks the recent bank sector turmoil will create an opportunity for larger banks in the US, as well as her expectations for the next Fed meeting. . (Source:  Bloomberg Daybreak: Australia) 03/20/2023 Disclosure: The opinions expressed are for general information purposes only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making any decision. All performance referenced is [...]

Lack of Consumer Confidence Can Hurt Regional Banks2023-03-23T13:51:10-07:00

B.A.B.Y. Market (Bonds Are Back Y’all)

2023-03-27T17:00:56-07:00

B.A.B.Y. Market (Bonds Are Back Y’all) Dryden Pence, Chief Investment Officer at Pence Capital, talks about the rates found in the current bond markets and defense sector opportunities due to the war in Ukraine. (Source:  Reuters) 03/14/2023 Disclosure: 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 [...]

B.A.B.Y. Market (Bonds Are Back Y’all)2023-03-27T17:00:56-07:00

2% Inflation Rate? “Not Anytime Soon”

2023-03-23T13:55:26-07:00

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. (Source:  Reuters) 03/14/2023 Disclosure: 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 [...]

2% Inflation Rate? “Not Anytime Soon”2023-03-23T13:55:26-07:00