Consumer Strength Makes Fed Job Tougher
Pence Capital Management Chief Investment Officer Dryden Pence talks about lag effects and how consumers have yet to see the increases the Feds made move through the market.
(Source: Bloomberg Radio)
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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