Daily Market Report | 09/26/2023
Daily Market Report | 09/26/2023 US FINANCIAL MARKET S&P 500 Hits 3-Month Low as Economy Angst Climbs: Markets Wrap - Bloomberg, 9/26/2023 The S&P 500 slid to a three-month low Tuesday as consumer confidence in the economy waned and investors factored in a protracted period of high interest rates. A selloff in government bonds paused while the dollar climbed. The S&P 500 lost [...]
Daily Market Report | 09/25/2023
Daily Market Report | 09/25/2023 US FINANCIAL MARKET Bonds Fall, Dollar Rallies as Hawkish Fed Sinks In: Markets Wrap - Bloomberg, 9/25/2023 Government bonds fell while stocks steadied as traders speculated central banks will keep interest rates elevated to quell inflation. A gauge of dollar strength hit its highest level this year. The US Treasury 10-year yield climbed nearly 10 basis points to [...]
Daily Market Report | 09/22/2023
Daily Market Report | 09/22/2023 US FINANCIAL MARKET Stocks Rise at End of Bruising Week on Wall Street: Markets Wrap - Bloomberg, 9/22/2023 Stocks rebounded from nearly oversold levels as bond yields fell, with traders weighing a subdued reading on business activity and the latest Fedspeak for clues on the outlook for monetary policy. The S&P 500 halted a three-day slide, while still [...]
Daily Market Report | 09/21/2023
Daily Market Report | 09/21/2023 US FINANCIAL MARKET Wall Street Is Bracing for Fed’s ‘Hawkish Hold’: Markets Wrap - Bloomberg, 9/20/2023 Stocks, bonds and the dollar saw small moves, with traders betting the Federal Reserve will keep interest rates steady on Wednesday while hinting at the possibility of hiking again, if warranted. The S&P 500 edged higher. The Nasdaq 100 was little changed. [...]
Anti-Obesity Drug Market – $2.8 Billion Value to $75 Billion by 2030
Anti-Obesity Drug Market - $2.8 Billion Value to $75 Billion by 2030. Pence Wealth Management President Laila Pence discusses her outlook on the U.S. markets and economy highlighting AI, Construction, and Anti-Obesity drug market, which is expected to grow from a value of $2.8 Billion to $75 Billion by 2030. (Source: Bloomberg Daybreak: Australia) 09/19/2023 Disclosure: The opinions expressed are for general information purposes only [...]
Daily Market Report | 09/20/2023
Daily Market Report | 09/20/2023 US FINANCIAL MARKET Wall Street Is Bracing for Fed’s ‘Hawkish Hold’: Markets Wrap - Bloomberg, 9/20/2023 Stocks, bonds and the dollar saw small moves, with traders betting the Federal Reserve will keep interest rates steady on Wednesday while hinting at the possibility of hiking again, if warranted. The S&P 500 edged higher. The Nasdaq 100 was little changed. [...]
LAILA PENCE RECOGNIZED AS ONE OF BARRON’S 2023 TOP INDEPENDENT FINANCIAL ADVISORS
LAILA PENCE RECOGNIZED AS ONE OF BARRON'S 2023 TOP INDEPENDENT FINANCIAL ADVISORS We are excited to announce that Barron’s has included Laila Pence in the list of the 2023 Top 100 Independent Financial Advisors*. She is honored to receive this recognition from Barron’s – a publisher covering U.S. financial information, market developments and relevant statistics. This will be Laila’s 12th consecutive time to be included in the [...]
[Season 4 Ep.7] Pence Market Insights
[Season 4 Ep.7] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This information is not intended to be substitute for specific individualized tax advice. We [...]
Daily Market Report | 09/14/2023
Daily Market Report | 09/14/2023 US FINANCIAL MARKET Stocks Climb as Data Rekindle Bets on Soft Landing: Markets Wrap - Bloomberg, 9/14/2023 Stocks rose after strong economic reports revived speculation the Federal Reserve will be able to engineer a soft landing even if it keeps interest rates higher for longer. The euro fell on bets the European Central Bank will stay on hold [...]
Daily Market Report | 09/13/2023
Daily Market Report | 09/13/2023 US FINANCIAL MARKET Wall Street Says CPI Not a ‘Game Changer’ for Fed: Markets Wrap – Bloomberg, 9/13/2023 Stocks, bonds and the dollar saw small moves, with a mixed inflation report reinforcing speculation the Federal Reserve will pause its rate hikes — but refrain from calling the end of its tightening cycle. The S&P 500 was little changed. [...]
Daily Market Report | 09/12/2023
Daily Market Report | 09/12/2023 US FINANCIAL MARKET Tech Weighs on Stocks as Dollar Gains Before CPI: Markets Wrap - Bloomberg, 9/11/2023 Stocks retreated, while the dollar rebounded as investors geared up for a key inflation report that’s expected to bring more insights on the outlook for the Federal Reserve’s next steps. The S&P 500 fell 0.4%. The Nasdaq 100 fell 0.7%. The [...]
Daily Market Report | 09/11/2023
Daily Market Report | 09/11/2023 US FINANCIAL MARKET Stocks Grind Higher as Dollar Halts Hot Streak: Markets Wrap - Bloomberg, 9/11/2023 Stocks advanced ahead of economic readings that will help shape Wall Street’s views on how close the Federal Reserve is from wrapping up its tightening cycle. Bonds were relatively stable. The S&P 500 hovered near the 4,500 mark. The S&P 500 rose [...]
Daily Market Report | 09/08/2023
Daily Market Report | 09/08/2023 US FINANCIAL MARKET ‘Overloved’ Dollar Falls as Buyer Fatigue Kicks In: Markets Wrap - Bloomberg, 9/8/2023 The dollar lost traction, following a seemingly unstoppable rally that pushed currency toward a record streak of weekly gains on bets the Federal Reserve will keep rates elevated. Stocks and bonds edged higher. The Bloomberg Dollar Spot Index fell, while still on [...]
Daily Market Report | 09/07/2023
Daily Market Report | 09/07/2023 US FINANCIAL MARKET Nasdaq 100 Down 1% as Apple Leads Megacap Rout: Markets Wrap - Bloomberg, 9/7/2023 Stocks fell amid concern over how a Chinese ban on Apple’s iPhone could impact other segments of the American technology industry. Treasuries and the dollar were little changed, shrugging off the initial impact of jobless claims data that reinforced the case [...]
What Lies Ahead For The Magnificent 7 Stocks?
What Lies Ahead For The Magnificent 7 Stocks? Dryden Pence, Chief Investment Officer at Pence Capital, says the next 3 quarters can still be positive for the magnificent 7 stocks - Tesla (TSLA), Apple (AAPL), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), and Alphabet (GOOGL). (Source: Schwab Network) 09/01/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that [...]
Daily Market Report | 09/06/2023
Daily Market Report | 09/06/2023 US FINANCIAL MARKET Traders Boost Bets on November Fed-Hike After ISM: Markets Wrap - Bloomberg, 9/6/2023 Stocks fell, while Treasury yields rose after a stronger-than-estimated reading on the US services industry bolstered speculation the Federal Reserve will keep interest rates higher for longer. The S&P 500 extended its drop below 4,500, while the Nasdaq 100 was down about [...]
Daily Market Report | 09/05/2023
Daily Market Report | 09/05/2023 US FINANCIAL MARKET Dollar Hits Highest Since March as US Yields Climb: Markets Wrap – Bloomberg, 9/5/2023 The dollar hit the highest since March as Treasury yields rose and stocks fluctuated, with traders betting interest rates will remain elevated even if the Federal Reserve halts its tightening cycle this month. As the greenback advanced, options traders positioned for [...]
U.S Market Wrap: Will The Bullish A.I. Trend Keep Up?
U.S. Market Wrap: Will The Bullish A.I. Trend Keep Up? Laila Pence, President & Co-Founder, Pence Wealth Management shares her insights on market volatility and inflationary pressure expectations ahead of the Jackson Hole Economic Symposium, as well as bullishness in the AI space. Source: MoneyFM 98.3 08/24/2023 Disclosure: The opinions expressed are for general information purposes only and are not intended to provide [...]
Daily Market Report | 09/01/2023
Daily Market Report | 09/01/2023 US FINANCIAL MARKET Stocks Rise as Jobs Report Fuels Fed-Peak Wagers: Markets Wrap - Bloomberg, 9/1/2023 Stocks rose after jobs data fueled bets that the Federal Reserve will refrain from raising interest rates again this year to prevent an economic recession. The S&P 500 headed toward its best week since March. The S&P 500 rose 0.4%. The Nasdaq [...]
Daily Market Report | 08/31/2023
Daily Market Report | 08/31/2023 US FINANCIAL MARKET Stock Traders Hold Back on Big Bets Before Jobs: Markets Wrap - Bloomberg, 8/31/2023 Stocks, bonds and the dollar posted small moves after mixed economic data, with traders bracing for Friday’s jobs report for clues on the outlook for Federal Reserve policy. The S&P 500 rose for a fifth straight day, while still heading toward [...]
Daily Market Report | 08/30/2023
Daily Market Report | 08/30/2023 US FINANCIAL MARKET S&P 500 Tops 4,500, Yields Drop on Economic Data: Markets Wrap – Bloomberg, 8/30/2023 Stocks rose, while Treasury yields fell as another batch of economic data cemented bets the Federal Reserve is approaching the end of its interest-rate hikes. The S&P 500 topped 4,500. Visa and Mastercard climbed on plans to boost the fees that [...]
Daily Market Report | 08/29/2023
Daily Market Report | 08/29/2023 US FINANCIAL MARKET Stocks Up, Yields Down as Data Fuel Fed Skip Bets: Markets Wrap – Bloomberg, 8/29/2023 Wall Street traders pushed the stock market higher, while bond yields retreated after economic reports bolstered speculation the Federal Reserve will be able to pause its interest-rate hikes in September. The S&P 500 headed toward its longest winning streak in [...]
DISNEY LOOKS PROMISING, BUT WILL STRIKE DAMPEN PROGRESS?
Disney Looks Promising, But Will Strike Dampen Progress? Pence Capital Management Chief Investment Officer Dryden Pence says, stock pricing is at the same level as 2020, and amusement park demand is there since “8-year-olds don’t really care about what’s going on with inflation”. Source: Fox Business Air Date: 08/23/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California [...]
CRUDE OIL DEMAND TO REMAIN HIGH
Crude Oil Demand to Remain High Pence Capital Management Chief Investment Officer Dryden Pence says oil demand will remain high even with supply constraints, which will be supportive of higher pricing. Source: Fox Business Air Date: 08/23/2023 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 [...]
EXXON MORE PROFITABLE THAN IT WAS IN 2021
Exxon More Profitable Than It Was in 2021 Pence Capital Management Chief Investment Officer Dryden Pence says he likes Exxon and that “at 3.7 million barrels a day, they are actually a larger producer of oil than Iran”. Source: Fox Business Air Date: 08/23/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio [...]
Daily Market Report | 08/28/2023
Daily Market Report | 08/28/2023 US FINANCIAL MARKET Stocks Start Data-Packed Week on a Positive Note: Markets Wrap - Bloomberg, 8/28/2023 Stocks advanced, while bond yields retreated at the start of a week jam-packed with economic data that will help shape the outlook for Federal Reserve policy. The S&P 500 rose 0.7%. The Nasdaq 100 rose 0.7%. The Dow Jones Industrial Average rose [...]
Daily Market Report | 08/25/2023
Daily Market Report | 08/25/2023 US FINANCIAL MARKET Stocks Fall as Powell Signals ‘Job Isn’t Done Yet’: Markets Wrap - Bloomberg, 8/25/2023 Stocks fell and bond yields rose after Jerome Powell signaled the Federal Reserve will keep policy tighter for longer to bring inflation back to its target, while saying it “will proceed carefully” on whether to raise interest rates again. The S&P [...]
Daily Market Report | 08/24/2023
Daily Market Report | 08/24/2023 US FINANCIAL MARKET Tech Rally Sputters as Yields Rise Before Powell: Markets Wrap - Bloomberg, 8/24/2023 A rally in big tech fizzled out as bond yields rose, with traders awaiting Jerome Powell’s speech on Friday for clues on the outlook for interest rates. The S&P 500 erased gains, while the Nasdaq 100 fell 1% — after rising about [...]
Daily Market Report | 08/23/2023
Daily Market Report | 08/23/2023 US FINANCIAL MARKET Stocks, Bonds Climb as Data Fuel Fed Pause Wagers: Markets Wrap - Bloomberg, 8/23/2023 Bonds climbed around the world as weak economic data in the US and Europe bolstered bets that major central banks will pause their interest-rate hikes to prevent a recession. The S&P 500 rose 0.9%. The Nasdaq 100 rose 1.5%. The Dow [...]
Daily Market Report | 08/22/2023
Daily Market Report | 08/22/2023 discretionary spend,” he said. “And that’s really for us the overall theme of how we see the second half of the year.” Dick’s Sporting Goods Blames Theft for Profit Woes - Wall Street Journal, 8/22/2023 Dick’s Sporting Goods shares plunged 20% Tuesday after the retailer posted weak earnings and said rising retail theft was sapping its profitability. The [...]
Daily Market Report | 08/21/2023
Daily Market Report | 08/21/2023 US FINANCIAL MARKET Stocks Almost Wipe Out Gains as Bond Yields Climb: Markets Wrap - Bloomberg, 8/21/2023 Stocks almost erased their gains as a renewed slide in Treasuries pushed 10-year yields to the highest level since 2007. The S&P 500 was little changed. The Nasdaq 100 rose 0.6%. The Dow Jones Industrial Average fell 0.4%. Traders also awaited [...]
Daily Market Report | 08/18/2023
Daily Market Report | 08/18/2023 US FINANCIAL MARKET Global Stocks Heading for Worst Week Since March: Markets Wrap - Bloomberg, 8/18/2023 Stocks slumped, putting a global benchmark on track for the biggest weekly loss since March, as worries about China and higher global interest rates sapped sentiment. The S&P 500 fell 0.7%. The Dow Jones Industrial Average fell 0.5%. The Nasdaq 100 slumped [...]
Daily Market Report | 08/17/2023
Daily Market Report | 08/17/2023 US FINANCIAL MARKET Tech Behemoths Drag on Stocks as Bonds Sell Off: Markets Wrap - Bloomberg, 8/17/2023 Tech heavyweights dragged on US benchmarks with stocks poised to extend a slump into a third day, a global bond market selloff intensified. The S&P 500 erased early gains, the equities gauge has closed below a closely-watched technical level twice this [...]
Daily Market Report | 08/15/2023
Daily Market Report | 08/15/2023 US FINANCIAL MARKET Banks Drag on S&P 500 as Rate Wagers Dwindle: Markets Wrap - Bloomberg, 8/15/2023 Stocks slumped as investor debate shifts toward how long the Federal Reserve will keep higher interest rates. US bonds gained as investors bought the dip. The S&P 500 fell 0.8% while the Nasdaq 100 slid 0.7% after US retail sales rose [...]
Daily Market Report | 08/14/2023
Daily Market Report | 08/14/2023 US FINANCIAL MARKET Stocks Weaken as China Contagion Risks Weighed: Markets Wrap - Bloomberg, 8/14/2023 Equity markets wobbled and US Treasury yields rose as investors weighed the potential for policy action by Chinese regulators to address mounting financial and property risks. Stocks were mixed in light trading as the tech-heavy Nasdaq 100 and favorites like Nvidia clung to [...]
Daily Market Report | 08/11/2023
Daily Market Report | 08/11/2023 US FINANCIAL MARKET Stocks Erase Losses After Consumer Sentiment Data: Markets Wrap - Bloomberg, 8/11/2023 Stocks erased losses after data showed an unexpected drop in inflation expectations, bolstering the outlook for a pause in Federal Reserve rate hikes next month. The S&P 500 was little changed, while still heading toward a second straight week of losses. The Nasdaq [...]
Are Technology Stocks Slipping? Is a Broader Market Rally Ahead?
Are Technology Stocks Slipping? Is a Broader Market Rally Ahead? “We’re beginning to see a shift out of some of those ones that have really led and transforming into what we believe is a broader market rally” says Dryden Pence, Chief Investment Officer at Pence Capital Management. Source: Reuters 08/08/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of [...]
Path of Inflation Could Create Challenges for Fed – Are They Targeting 2% or Tolerating 3%?
Path of Inflation Could Create Challenges for Fed - Are They Targeting 2% or Tolerating 3%? Inflation is continuing to fall but the pace of decline is slowing, and it could level off, said Pence Capital Management Chief Investment Officer Dryden Pence, adding that the Federal Reserve will face tough decisions as a result. Source: Reuters 08/08/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an [...]
Oil Stocks Look Promising
Oil Stocks Look Promising Pence Capital Management Chief Investment Officer Dryden Pence says he likes oil stocks as he believes crude prices are heading higher. Source: Reuters 08/08/2023 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 [...]
Daily Market Report | 08/10/2023
Daily Market Report | 08/10/2023 US FINANCIAL MARKET Stocks Rise as CPI Bolsters Bets on a Fed Skip: Markets Wrap - Bloomberg, 8/10/2023 Stocks rose after US inflation data reinforced speculation the Federal Reserve will pause its interest-rate hikes in September. The stock market advanced after a two-day slide, with all major groups in the S&P 500 pushing higher. The tech-heavy Nasdaq 100 [...]
Daily Market Report | 08/09/2023
Daily Market Report | 08/09/2023 US FINANCIAL MARKET Nasdaq 100 Drops 1% in Run-Up to Key CPI Report: Markets Wrap - Bloomberg, 8/9/2023 A slide in tech megacaps and higher energy prices weighed on stock trader sentiment ahead of key inflation data that will help shape up the outlook for the Federal Reserve’s next steps. The S&P 500 fell 0.4%. The Nasdaq 100 [...]
Daily Market Report | 08/08/2023
Daily Market Report | 08/08/2023 US FINANCIAL MARKET Stocks Drop as Bank, Economic Worries Lift Bonds: Markets Wrap - Bloomberg, 8/8/2023 Stocks fell around the world as traders rushed into bonds after a raft of news on China, Italy and the US fanned worries about the financial system and the global economy. The S&P 500 fell 1.1%. The Nasdaq 100 fell 1.4%. The [...]
Daily Market Report | 08/07/2023
Daily Market Report | 08/07/2023 US FINANCIAL MARKET Treasuries Kick Off Week With Losses After Fed speak: Market Wrap - Bloomberg, 8/7/2023 Treasuries started the week under pressure after remarks from a Federal Reserve official signaled interest rates could remain higher for longer to tame inflation pressures. Ten-year US yields resumed their advance, the dollar fluctuated and the S&P 500 rebounded from its [...]
Daily Market Report | 08/04/2023
Daily Market Report | 08/04/2023 US FINANCIAL MARKET Stocks Rise, Bond Yields Fall After Mixed Jobs: Markets Wrap - Bloomberg, 8/4/2023 Wall Street saw a reversal of the moves of the past few days, with stocks rising and bond yields falling after a mixed jobs report did little to alter bets on the outlook for Federal Reserve policy. The S&P 500 rose 0.4%. [...]
Daily Market Report | 08/03/2023
Daily Market Report | 08/03/2023 US FINANCIAL MARKET Treasury Rout Unnerves Traders as Stocks Retreat: Markets Wrap - Bloomberg, 8/3/2023 Treasuries deepened a selloff, driving the 10-year yield to a nine-month high, and equities slumped as investors grew increasingly worried about rising borrowing costs. The S&P 500 extended Wednesday’s losses and European stocks fell almost 1%. The S&P 500 fell 0.2%. The Nasdaq [...]
[Season 4 Ep.6] Pence Market Insights
[Season 4 Ep.6] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This information is not intended to be substitute for specific individualized tax advice. We [...]
Daily Market Report | 08/02/2023
Daily Market Report | 08/02/2023 US FINANCIAL MARKET Stocks Hit Session Lows With Nasdaq 100 Down 2%: Markets Wrap - Bloomberg, 8/2/2023 Stocks fell and bond yields rose, following a hot labor-market reading and as the Treasury boosted the size of its debt sales just a day after the US was downgraded by Fitch Ratings. The S&P 500 fell over 1% and was [...]
Daily Market Report | 08/01/2023
Daily Market Report | 08/01/2023 US FINANCIAL MARKET Stocks Pull Back From July Rally on Weak Earnings: Markets Wrap – Bloomberg, 8/1/2023 The stock rally that catapulted the S&P 500 to a 16-month high lost momentum after a flurry of companies reported disappointing earnings. Traders also waded through mixed data on jobs openings. The S&P 500 fell 0.3%. The Nasdaq 100 fell 0.3%. [...]
Exxon Mobil (XOM) Expects Record Oil Demand Through 2024
Stock Market Shrugs Off Recession Signals as Rally Builds Dryden Pence, Chief Investment Officer at Pence Capital, provides a forecast for the oil market, highlights XOM, and how it’s significantly more profitable than it was in 2021 in a similar pricing environment. (Source: Ameritrade Network) 07/28/2023 Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level [...]
Stock Market Shrugs Off Recession Signals As Rally Builds
Stock Market Shrugs Off Recession Signals as Rally Builds Dryden Pence, Chief Investment Officer at Pence Capital, says "There's an actual chance here the Fed could stick the landing". (Source: The Wall Street Journal) 07/25/2023 READ ARTICLE 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 [...]
Daily Market Report | 07/31/2023
Daily Market Report | 07/31/2023 US FINANCIAL MARKET Stock Traders Hold Back on Big Moves After Rally: Markets Wrap - Bloomberg, 7/31/2023 Wall Street traders refrained from making big moves at the start of a busy week for corporate earnings, with the stock market still on pace to notch its longest streak of monthly gains since August 2021. Investors have looked past concern [...]
Daily Market Report | 07/28/2023
Daily Market Report | 07/28/2023 US FINANCIAL MARKET Stock Market Today: Stocks Move Higher as Big Tech Climbs - Wall Street Journal, 7/28/2023 U.S. stock indexes rose Friday, lifted by tech shares, as blue-chip earnings and fresh inflation data rolled in. The Nasdaq Composite added more than 1.5%. The S&P 500 and Dow industrials also rose. The Dow on Thursday snapped a 13-day [...]
Daily Market Report | 07/27/2023
Daily Market Report | 07/27/2023 US FINANCIAL MARKET Nasdaq 100 Up 1% as GDP Fuels ‘Soft Landing’ Calls: Markets Wrap - Bloomberg, 7/27/2023 Stocks rose as data signaled the world’s largest economy remains strong despite the Federal Reserve’s aggressive tightening campaign, bolstering the case for a so-called soft landing. Major equity benchmarks gained as a report showed gross domestic product unexpectedly picked up [...]
Daily Market Report | 07/26/2023
Daily Market Report | 07/26/2023 US FINANCIAL MARKET Stocks Lose Steam Just a Few Hours Away From Fed: Markets Wrap - Bloomberg, 7/26/2023 Wall Street traders bracing for a Federal Reserve rate hike on Wednesday sent stocks lower on speculation Jerome Powell will signal another increase this year isn’t entirely off the cards. The S&P 500 fell 0.3%. The Nasdaq 100 fell 0.9%. [...]
Daily Market Report | 07/25/2023
Daily Market Report | 07/25/2023 US FINANCIAL MARKET US Stocks Muted, Bonds Under Pressure After Data: Markets Wrap - Bloomberg, 7/25/2023 US stock trading was muted as traders awaited earnings from technology megacaps and Wednesday’s Federal Reserve decision. The S&P 500 fluctuated, while the tech-heavy Nasdaq 100 outperformed as Microsoft and Alphabet were due to report their results. Shares in both companies rose [...]
Daily Market Report | 07/24/2023
Daily Market Report | 07/24/2023 US FINANCIAL MARKET Global Bonds Advance After Weak European Data: Markets Wrap - Bloomberg, 7/24/2023 Global bonds climbed and stocks posted small gains Monday, as sharp declines in manufacturing and services gauges across Europe fanned concerns about economic growth. Investors were wary of making big equity bets at the start of a week packed with major central bank [...]
Daily Market Report | 07/21/2023
Daily Market Report | 07/21/2023 US FINANCIAL MARKETTech Stocks Pare Rebound; Treasuries Rise: Markets Wrap – Bloomberg, 7/21/2023Technology shares eased back from a potential rebound on Friday while Treasuries rose and the yen weakened on speculation the Bank of Japan won’t make any changes to its yield curve control program.The S&P 500 and tech-heavy Nasdaq 100 were little changed after earlier gains attempting to claw back [...]
Pence Perspective: Inflation and Recession – So, What?
Pence Perspective: Inflation and Recession – So, What? Dryden Pence, Chief Investment Officer provides insights into the economic factors driving the recession conversation in the latest edition of “So, What?”. 07-18-2023 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 [...]
The Fed Can Stick the Landing
The Fed Can Stick The Landing Pence Wealth Management President Laila Pence discussed the federal reserve, increasing interest rates and inflation, market outlook, and talks U.S. investment strategies. (Source: Bloomberg Daybreak: Australia) 07/17/2023 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 [...]
Daily Market Report | 07/20/2023
Daily Market Report | 07/20/2023 US FINANCIAL MARKET Nasdaq 100 Slumps as Netflix Dulls Tech Shine: Markets Wrap - Bloomberg, 7/20/2023 US equities and Treasuries fell Thursday as investors digested a round of disappointing tech earnings and a spike in commodity prices including wheat. The tech-heavy Nasdaq 100 fell 0.6%, with Netflix set for its biggest intraday decline since December after missing sales [...]
Daily Market Report | 07/19/2023
Daily Market Report | 07/19/2023 US FINANCIAL MARKET US Stock Rally Plows Forward Amid Peak-Rate Bets: Markets Wrap - Bloomberg, 7/19/2023 US stocks and bonds followed those in Europe higher as investors cheered cooling inflation in the UK and were able to look past an earnings miss at Goldman Sachs. Second quarter profit at the Wall Street investment bank tumbled on real estate [...]
Daily Market Report | 07/18/2023
Daily Market Report | 07/18/2023 US FINANCIAL MARKET US Stocks Drift as Traders Lock in Fed Rate Bets: Markets Wrap - Bloomberg, 7/18/2023 US stocks drifted and bonds rallied as the latest batch of economic data came in below expectations and traders fully priced in a quarter-point hike in interest rates by the Federal Reserve next week. The S&P 500 was little changed [...]
Daily Market Report | 07/17/2023
Daily Market Report | 07/17/2023 US FINANCIAL MARKET US Stocks Drift as China Economic Recovery Slows: Markets Wrap - Bloomberg, 7/17/2023 US stocks and bonds drifted as more evidence pointed to a slowdown in China’s economy. Gross domestic product in China grew at a slower-than-expected pace of 6.3% in the second quarter, adding to risks for the global economy, reliant on Chinese spending. [...]
Daily Market Report | 07/14/2023
Daily Market Report | 07/14/2023 US FINANCIAL MARKET Treasuries Make U-Turn After Hot Economic Data: Markets Wrap - Bloomberg, 7/14/2023 Treasuries pared their weekly rally as data showed an increase in both consumer sentiment and short-term inflation expectations, helping fuel speculation that interest-rates will remain elevated. The two-year US yield, which is more sensitive to imminent Federal Reserve moves, climbed seven basis points [...]
Factors That Could Affect The Oil & Energy Market This Summer
Factors That Could Affect The Oil & Energy Market This Summer Dryden Pence, Chief Investment Officer at Pence Capital, discusses energy trends to watch, the role of China for oil and liquid natural gas, and how energy has the best earnings yield of any sector in the index. (Source: Ameritrade Network) 06/21/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the [...]
LAILA PENCE RECOGNIZED AS ONE OF BARRON’S 2023 TOP WOMEN FINANCIAL ADVISORS
LAILA PENCE RECOGNIZED AS ONE OF BARRON'S 2023 TOP WOMEN FINANCIAL ADVISORS We are excited to announce that Barron’s has included Laila Pence in the list of 2023 America’s Top Women Financial Advisors1 . She is honored to receive this recognition from Barron’s. Laila was included in this prestigious ranking every year since 2008. Our team would like to thank all our clients for their support. The [...]
[Season 4 Ep.5] Pence Market Insights
[Season 4 Ep.5] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This information is not intended to be substitute for specific individualized tax advice. We [...]
Two Companies That Need To Be Part of Everything In The Future Concerning AI
Two Companies That Need To Be Part of Everything In The Future Concerning AI Dryden Pence, Chief Investment Officer at Pence Capital, shares why TSMC and ASML are key players in the AI supply chain and why he’s looking at them to be performers in the market. (Source: Yahoo Finance) 06/12/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State [...]
Market Waking Up to Prospect of No U.S. Recession in 2023
Market Waking Up to Prospect of No U.S. Recession in 2023 Pence Wealth Management President Laila Pence discusses the possibility of the Feds skipping a rate hike at their next meeting, and the 3 sectors to watch: Tech, AI, Energy. (Source: Bloomberg Daybreak: Australia) 06/05/2023 The opinions expressed are for general information purposes only and are not intended to provide specific advice or recommendations for [...]
[Season 4 Ep.4] Pence Market Insights
[Season 4 Ep.4] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This information is not intended to be substitute for specific individualized tax advice. We [...]
A Rotating Recession and a High Likelihood of a pause in June
A Rotating Recession and a High Likelihood of a pause in June Pence Wealth Management President Laila Pence shares her analysis of the threat of an economic nightmare and recommendations on where investors can look to put their money. Source: MoneyFM 98.3 05/16/2023 Disclosure: The opinions expressed are for general information purposes only and are not intended to provide specific advice or [...]
Why Older Americans Aren’t Working
Why Older Americans Aren't Working Dryden Pence, Chief Investment Officer at Pence Capital, says that while younger workers and those age 40-55 have returned to the labor force, the 55+ population largely has not. Why? “Part of it is, they don’t have to.” Source: Reuters 05/16/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional [...]
Fed May ‘Stick the Landing’ and Avoid Recession
Fed May 'Stick the Landing' and Avoid Recession Dryden Pence, Chief Investment Officer at Pence Capital, says that the U.S. Federal Reserve, with its aggressive rate-hike cycle, would actually "stick the landing" by bringing down inflation while avoiding an economic recession. Source: Reuters 05/16/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio [...]
What Lies Ahead as Consumer Spending Remains Firm
What Lies Ahead as Consumer Spending Remains Firm Dryden Pence, Chief Investment Officer at Pence Capital, joined Cheddar News to discuss the market session, and what the Federal Reserve might decide in its next meeting as inflation continues and consumer spending remains firm. Source: Cheddar News 05/16/2023 Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional [...]
Consumer Strength Makes Fed Job Tougher
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) 05/16/2023 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 [...]
Banking Turmoil hitting Regional Banks
Banking Turmoil hitting Regional Banks Pence Wealth Management President Laila Pence discusses the turmoil hitting regional banks, the actions the Federal Reserve might take with interest rates, and the value in international equities. (Source: Bloomberg Daybreak: Australia) 04/27/2023 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 [...]
Pence Perspective Newsletter – Q2 2023
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 [...]
Another 25-basis point rate hike ahead?
Another 25-basis point rate hike ahead? Dryden Pence, Chief Investment Officer at Pence Capital Management talks about the possibility of another rate increase, a mild recession, and the tough work the feds have ahead. Source: Reuters TV 04/12/2023 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 [...]
If U.S. has recession, will be ‘mild’ and ‘shallow’
If U.S. has recession, will be ‘mild’ and ‘shallow’ Pence Capital Management Chief Investment Officer Dryden Pence says the U.S. economy remains strong and any recession that occurs won’t last long and won’t be that deep. Source: Reuters TV 04/12/2023 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 [...]
Healthcare, Defense, Energy Stocks Look Appealing
Healthcare, Defense, Energy Stocks Look Appealing Pence Capital Management Chief Investment Officer Dryden Pence said healthcare, defense, and energy stocks worth investing during this uncertain time in the economy. (Source: Reuters TV) 04/12/2023 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 [...]
CNBC Street Signs: The Markets and What to Expect
CNBC Street Signs: The Markets and What to Expect (Source: CNBC Asia) 03/30/2023 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 [...]
LAILA PENCE RECOGNIZED IN FORBES AS A 2023 BEST-IN-STATE WEALTH ADVISOR
LAILA PENCE - FORBES 2023 BEST-IN-STATE WEALTH ADVISOR RANKED #1 IN SOUTHERN CALIFORNIA We are pleased to share with you that Laila Pence, President of Pence Wealth Management, has been named to Forbes’ 2023 Best-In-State Wealth Advisors list.1 This will be Laila’s 6th consecutive time to be ranked #1 in America’s Top Wealth Advisors Best-In-State (Southern California) since 2018. This national recognition is extremely exciting and humbling, and [...]
LAILA PENCE RANKED IN FORBES 2023 AMERICA’S TOP WEALTH ADVISORS
FORBES/SHOOK RECOGNIZES LAILA PENCE AS #5 OF 2023 AMERICA’S TOP WOMAN WEALTH ADVISORS IN THE NATION We are excited to announce that Forbes has ranked Laila Pence in the list of 2023 America’s Top Wealth Advisors1 . She is honored to receive this recognition from Forbes. Laila was included in this prestigious ranking every year since 2018. Our team would like to thank all our clients for their support. The [...]
“So, What?” with Dryden Pence – Episode 2
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 [...]
Bonds ‘Legitimate and Meaningful Alternative’ to Build Income
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 [...]
[Season 4 Ep.3] Pence Market Insights
[Season 4 Ep.3] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This information is not intended to be substitute for specific individualized tax advice. We [...]
Banks Will Survive
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 [...]
Lack of Consumer Confidence Can Hurt Regional Banks
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 [...]
BARRON’S RECOGNIZES LAILA PENCE AS ONE OF 2023 AMERICA’S TOP 1200 FINANCIAL ADVISORS
BARRON’S RECOGNIZES LAILA PENCE AS ONE OF 2023 AMERICA’S TOP 1200 FINANCIAL ADVISORS We are excited to announce that Barron’s has included Laila Pence in the list of 2023 America’s Top 1200 Financial Advisors1 . She is honored to receive this recognition from Barron’s. Laila was included in this prestigious ranking every year since 2014. Our team would like to thank all our clients for their support. The [...]
B.A.B.Y. Market (Bonds Are Back Y’all)
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 [...]
2% Inflation Rate? “Not Anytime Soon”
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 [...]
The 5 P’s Impacting The Market
As market volatility headlines the news, it's important to understand the key factors affecting the market and consumer behavior. Watch the latest episode of "So, What?" with Dryden Pence as he explains the 5 P's impact the market. Important Information Pence Financial Group, LLC (“PFG”) is a financial services practice within LPL Financial LLC (“LPL Financial”) comprised of multiple financial professionals that provide a series [...]
Fed Policy Lag and Consumer Spending
FED POLICY LAG AND CONSUMER SPENDING Dryden Pence, Chief Investment Officer at Pence Capital, discusses the lag effect to the rate changes the Feds made, which are beginning to work their way through the economy. (Source: Bloomberg TV) 02/20/2023 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 [...]
[Season 4 Ep.2] Pence Market Insights
[Season 4 Ep.2] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This information is not intended to be substitute for specific individualized tax advice. We [...]
Quarterly Outlook Report – Building America Portfolio Update
Quarterly Outlook Report - Building America Portfolio Update In a world of uncertainty, few things are as clear as an approved Federal Authorization. Because of this, the companies in Builders can look forward to potentially five years of solid revenue visibility. Congress has already approved nearly $1 trillion in spending for roads, bridges, and other spending related to infrastructure. There are relatively few companies that can do [...]
Recovery Activity Shifting the Narrative Around Asset Allocation
Recovery Activity Shifting the Narrative Around Asset Allocation Dryden Pence, Chief Investment Officer of Pence Capital Management talks Fed rate increases and the narrative changing from T.I.N.A (There is No Alternative) to B.A.B.Y (Bonds Are Back Y’all). Source: CNBC Air Date: February 6th, 2023 Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy [...]
LAILA PENCE RECOGNIZED BY FORBES AS A 2023 TOP WOMEN WEALTH ADVISOR
FORBES/SHOOK RECOGNIZES LAILA PENCE AS #5 OF 2023 AMERICA’S TOP WOMAN WEALTH ADVISORS IN THE NATION We are excited to announce that Forbes has included Laila Pence in the list of 2023 America’s Top Women Wealth Advisors. She is honored to receive the recognition from Forbes. This will be Laila’s 7th consecutive time to be included in the rankings of America’s Top Women Wealth Advisors since her first recognition in 20171. [...]
LAILA PENCE RECOGNIZED BY FORBES AS A 2023 TOP BEST-IN-STATE WOMEN WEALTH ADVISOR IN SOUTHERN CALIFORNIA
FORBES/SHOOK RECOGNIZES LAILA PENCE AS #1 OF 2023 AMERICA’S TOP WOMAN WEALTH ADVISORS BEST-IN-STATE (SOUTHERN CALIFORNIA) We are excited to announce that Forbes has ranked Laila Pence #1 in the list of 2023 America’s Top Women Wealth Advisors Best-In-State Southern California1. She is honored to receive both recognitions from Forbes. This will be Laila’s 2nd consecutive time to be included in the rankings of America’s Top Women Wealth Advisors Best-In-State [...]
[Season 4 Ep.1] Pence Market Insights
[Season 4 Ep.1] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This information is not intended to be substitute for specific individualized tax advice. We [...]
High Sensitivity to Earnings Miss
High Sensitivity to Earnings Miss Dryden Pence, Chief Investment Officer at Pence Capital, said he expects “volatility to the downside” for shares of companies that report fourth-quarter results that do not meet analyst estimates, adding that earnings misses will “probably not be forgiven” the way they may have been in the previous two quarters. Source: Reuters TV Pence Capital Management, LLC [...]
People are Significantly Underestimating China
People are Significantly Underestimating China Dryden Pence, Chief Investment Officer at Pence Capital, said the largest risk that markets are missing is China, citing data showing an extremely robust reopening that he said might be positive for global growth in the near-term, but likely a negative for U.S. inflation throughout 2023.Source: Reuters TV Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the [...]
Sentiment Moves the Market Forward
Sentiment Moves the Market Forward (Reuters TV) U.S. stocks ended mixed on Tuesday at the close of a rocky session marked by a raft of mixed earnings and a technical malfunction at the opening bell. This report was produced by Chris Dignam. Source: Reuters TV Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that [...]
Pence Perspective | Q4 2022
Market Commentary - Q4 2022 Announcement We have listened carefully to feedback regarding more timely information about the economy and markets and how you want to receive it. To that end we are making the following changes for 2023. Our widely popular monthly PODCAST will continue and we encourage you to sign up for those here. Register for Podcast We will also increase [...]
Year-End Planning & Sectors to Watch
Laila Pence, President of Pence Wealth Management, talks year-end planning, sectors to watch, and the market landscape in the new year. (Source: CNBC) 12/19/2022 Disclosure: Pence Wealth Management, Inc. (“PWM”) is a financial services practice within LPL Financial LLC (“LPL Financial”) comprised of multiple financial professionals that provide a series of services including personal investment advisory, third party managed advisory and brokerage services. PWM is [...]
[Season 3 Ep.15] Pence Market Insights
[Season 3 Ep.15] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This information is not intended to be substitute for specific individualized tax advice. We [...]
Profits at Risk in 2023 (12/08/2022)
Laila Pence, President of Pence Wealth Management, discusses how high labor costs and a slowing consumer demand could put profits at risk in 2023. Disclosure: Pence Wealth Management, Inc. (“PWM”) is a financial services practice within LPL Financial LLC (“LPL Financial”) comprised of multiple financial professionals that provide a series of services including personal investment advisory, third party managed advisory and brokerage services. PWM is [...]
[Season 3 Ep.14] Pence Market Insights
[Season 3 Ep.14] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This information is not intended to be substitute for specific individualized tax advice. We [...]
[Season 3 Ep.13] Pence Market Insights
[Season 3 Ep.13] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This information is not intended to be substitute for specific [...]
Douglas Frazier Receives Director’s Club Award from LPL
Douglas Frazier receives Director's Club Award from LPL We are excited to announce that Douglas Frazier, an independent LPL Financial advisor at Pence Wealth Management in Newport Beach, announced his inclusion in LPL’s Director’s Club. With more than 19,000 LPL-affiliated advisors nationwide, LPL awards this distinction to select advisors based on their business success*. “I congratulate Douglas Frazier on behalf of LPL,” said Angela Xavier, LPL executive vice president, [...]
Laila Pence talks Outlooks and Earnings on Bloomberg Radio (10/25/2022)
Laila Pence talks Outlooks and Earnings on Bloomberg Radio: (10/25/2022) Laila Pence, President at Pence Wealth Management, discusses the latest on the markets. She spoke with host Doug Krizner and Paul Allen on Bloomberg Radio. (Source: Bloomberg) October 25, 2022 CLICK HERE TO LISTEN Pence Wealth Management, Inc. (“PWM”) is a financial services practice within LPL Financial LLC (“LPL Financial”) comprised of multiple financial professionals that provide [...]
Laila Pence gives a Market Update on Bloomberg TV (10/24/2022)
Laila Pence give a Market Update on Bloomberg TV Laila Pence, President of Pence Wealth Management, discusses her outlook for markets and investment strategy. She speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Australia". (Source: Bloomberg) 10/24/2022 Disclosure: Pence Wealth Management, Inc. (“PWM”) is a financial services practice within LPL Financial LLC (“LPL Financial”) comprised of multiple financial professionals that provide a series [...]
PENCE WEALTH MANAGEMENT RECOGNIZED IN FORBES 2022 TOP RIA FIRMS
Pence Wealth Management Recognized in Forbes 2022 Top RIA Firms Pence Wealth Management has been named one of Forbes’ 2022 Top 100 RIA Firms in the nation1. The inaugural Forbes/Shook Top RIA list, which was recently released, names 100 advisory firms with cumulative assets of $730 billion. Each of the listed firms is led by seasoned professionals who have several decades of experience, a demonstrated history of [...]
Dryden Pence on Bloomberg Radio (10/21/2022)
Dryden Pence on Bloomberg Radio (10/21/2022) Dryden Pence, Chief Investment Officer of Pence Wealth Management, discusses the latest on the markets. He spoke with host Paul Sweeney and Matt Miller. October 21, 2022 Click Here to Listen Disclosure: Pence Wealth Management, Inc. (“PWM”) is a financial services practice within LPL Financial LLC (“LPL Financial”) comprised of multiple financial professionals that provide a series of services [...]
LAILA PENCE RECOGNIZED AS ONE OF BARRON’S 2022 TOP INDEPENDENT FINANCIAL ADVISORS
LAILA PENCE RECOGNIZED AS ONE OF BARRON'S 2022 TOP INDEPENDENT FINANCIAL ADVISORS We are excited to announce that Barron’s has included Laila Pence in the list of the 2022 Top 100 Independent Financial Advisors*. She is honored to receive this recognition from Barron’s – a publisher covering U.S. financial information, market developments and relevant statistics. This will be Laila’s 11th consecutive time to be included in the [...]
[Season 3 Ep.12] Pence Market Insights
[Season 3 Ep.12] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This information is not intended to be substitute for specific [...]
[Season 3 Ep.11] Pence Market Insights
[Season 3 Ep.11] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This information is not intended to be substitute for specific [...]
LAILA PENCE RANKED #50 IN FORBES 2022 AMERICA’S TOP WEALTH ADVISORS
LAILA PENCE RANKED #50 IN FORBES 2022 AMERICA’S TOP WEALTH ADVISORS We are excited to announce that Forbes has ranked Laila Pence #50 in the list of 2022 America’s Top Wealth Advisors1 . She is honored to receive this recognition from Forbes. Laila was included in this prestigious ranking every year since 2018. Our team would like to thank all our clients for their support. The [...]
[Season 3 Ep.10] Pence Market Insights
[Season 3 Ep.10] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This information is not intended to be substitute for specific [...]
Laila Pence on Bloomberg Radio (07/19/2022)
Laila Pence on Bloomberg Radio (07/19/2022) Laila Pence, President at Pence Wealth Management, discusses her markets outlook. She spoke with hosts Doug Krizner and Paul Allen on "Bloomberg Daybreak Asia." July 19, 2022 Click Here to Listen Pence Wealth Management, Inc. (“PWM”) is a financial services practice within LPL Financial LLC (“LPL Financial”) comprised of multiple financial professionals that provide a series [...]
[Season 3 Ep.9] Pence Market Insights
[Season 3 Ep.9] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This information is not intended to be substitute for specific [...]
LAILA PENCE RECOGNIZED AS ONE OF BARRON’S 2022 TOP WOMEN FINANCIAL ADVISORS
LAILA PENCE RECOGNIZED AS ONE OF BARRON'S 2022 TOP WOMEN FINANCIAL ADVISORS We are excited to announce that Barron’s has included Laila Pence in the list of 2022 America’s Top Women Financial Advisors1 . She is honored to receive this recognition from Barron’s. Laila was included in this prestigious ranking every year since 2008. Our team would like to thank all our clients for their support. The [...]
[Season 3 Ep.8] Pence Market Insights
[Season 3 Ep.8] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as predicted and there [...]
[Season 3 Ep.7] Pence Market Insights
[Season 3 Ep.7] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as predicted and there [...]
[Season 3 Ep.6] Pence Market Insights
[Season 3 Ep.6] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as predicted and there [...]
[Season 3 Ep.5] Pence Market Insights
[Season 3 Ep.5] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as predicted and there [...]
LAILA PENCE RECOGNIZED IN FORBES AS A 2022 BEST-IN-STATE WEALTH ADVISOR
LAILA PENCE RECOGNIZED IN FORBES AS A 2022 BEST-IN-STATE WEALTH ADVISOR We are pleased to share with you that Laila Pence, President of Pence Wealth Management, have been named to Forbes’ 2022 Best-In-State Wealth Advisors list. This national recognition is extremely exciting and humbling, and it’s a reflection of the entire Pence Wealth Management teams’ effort and success over this past year. Laila would also like to [...]
Laila Pence on Bloomberg Radio (04/05/2022)
Laila Pence on Bloomberg Radio (04/05/2022) April 5, 2022 The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as [...]
Pence Wealth Management President on Markets
Pence Wealth Management President on Markets Pence Wealth Management, Inc. (“PWM”) is a financial services practice within LPL Financial LLC (“LPL Financial”) comprised of multiple financial professionals that provide a series of services including personal investment advisory, third party managed advisory and brokerage services. PWM is an investment adviser registered with the State of California to provide financial planning services. The financial professionals [...]
Industrial & Material Sectors On The Move: DE, VMC, LMT, RTX, LHX
Industrial & Material Sectors On The Move: DE, VMC, LMT, RTX, LHX 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. Any company names noted herein are for educational [...]
[Season 3 Ep.4] Pence Market Insights
[Season 3 Ep.4] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as predicted and there [...]
BARRON’S RECOGNIZES LAILA PENCE AS ONE OF 2022 AMERICA’S TOP 1200 FINANCIAL ADVISORS
BARRON’S RECOGNIZES LAILA PENCE AS ONE OF 2022 AMERICA’S TOP 1200 FINANCIAL ADVISORS We are excited to announce that Barron’s has included Laila Pence in the list of 2022 America’s Top 1200 Financial Advisors1 . She is honored to receive this recognition from Barron’s. Laila was included in this prestigious ranking every year since 2014. Our team would like to thank all our clients for their support. [...]
[Season 3 Ep.3] Pence Market Insights
[Season 3 Ep.3] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as predicted and there [...]
War Stories: What Top Financial Advisors Are Advising Clients About Ukraine
War Stories: What Top Financial Advisors Are Advising Clients About Ukraine Read Full Article Laila Pence is a registered representative with and securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC. Financial planning offered through Pence Wealth Management, a Registered Investment Advisor. Pence Wealth Management, Inc. (“PWM”) is a financial services practice within LPL Financial [...]
[Season 3 Ep.2] Pence Market Insights
[Season 3 Ep.2] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as predicted and there [...]
Market Impacts Of Russian Invasion Of Ukraine
Market Impacts Of Russian Invasion Of Ukraine 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. Any company names noted herein are for educational purposes only and [...]
U.S Stocks Tumble, Bonds Rally In Flights-To-Safety Bid
U.S Stocks Tumble, Bonds Rally In Flights-To-Safety Bid Pence Wealth Management, Inc. (“PWM”) is a financial services practice within LPL Financial LLC (“LPL Financial”) comprised of multiple financial professionals that provide a series of services including personal investment advisory, third party managed advisory and brokerage services. PWM is an investment adviser registered with the State of California to provide financial planning services. The [...]
Addressing a Potential Conflict in Ukraine
Addressing a Potential Conflict in Ukraine Markets have been moved in recent days on increasing tensions between the United States and Russia, with Western estimates of over 130,000 Russian troops positioned outside of Ukraine at time of writing. Bottom line is that we will get an answer on the Ukraine question soon. Temperatures in Kiev typically increase quite a bit in March, melting snow in continental [...]
FORBES/SHOOK RECOGNIZES LAILA PENCE AS #5 OF 2022 AMERICA’S TOP WOMAN WEALTH ADVISORS IN THE NATION AND #1 BEST-IN-STATE SOUTHERN CALIFORNIA
FORBES/SHOOK RECOGNIZES LAILA PENCE AS #5 OF 2022 AMERICA’S TOP WOMAN WEALTH ADVISORS IN THE NATION AND #1 BEST-IN-STATE SOUTHERN CALIFORNIA We are excited to announce that Forbes has included Laila Pence in the list of 2022 America’s Top Women Wealth Advisors for both National1 and Best-In-State Southern California2. She is honored to receive both recognitions from Forbes. This will be Laila’s 6th consecutive time to be included [...]
Pence Perspective | Commentary Ep. 3
Pence Perspective | Commentary Ep 3 The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as predicted and there can [...]
[Season 3 Ep.1] Pence Market Insights
[Season 3 Ep.1] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as predicted and there [...]
From Egypt to the American Dream: How Laila Pence Defied All Odds
From Egypt to the American Dream: How Laila Pence Defied All Odds By Mona Abdou January 8, 2022 Read Full Article Laila Pence is a registered representative with and securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC. Financial planning offered through Pence Wealth Management, a Registered Investment Advisor. Pence Wealth Management, Inc. [...]
Pence Perspective | Commentary Ep. 2
Pence Perspective | Commentary Ep 2 The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as predicted and there [...]
Douglas Frazier RECOGNIZED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS
Douglas Frazier RECOGNIZED AS ONE OF LPL FINANCIAL'S TOP FINANCIAL ADVISORS Newport Beach, CA — November 18, 2021 – Douglas Frazier, an independent LPL Financial advisor at Pence Wealth Management in Newport Beach, today announced his inclusion in LPL’s Director’s Club. With more than 17,000 LPL-affiliated advisors nationwide, LPL awards this distinction to select advisors based on their business success*. “On behalf of LPL, I congratulate Douglas [...]
[Season 2 Ep.8] Pence Market Insights
[Season 2 Ep.8] Market Update Podcast Laila Pence: (00:00) Welcome everyone to today's podcast. Today is December 2nd, and this is season two, episode eight. We have, as usual, a lot to cover, especially with this new virus and the market volatility. So I'm going to get started. We have a full schedule. We're going to start by talking about the virus and what's going [...]
Pence Perspective | Q4 2021
Pence Perspective | Q4. 2021 Download Here Bottom Line Up Front A wave of stimulus, a wave of savings, and a wave of demand are about to collide with a wave of COVID-19, a wave of supply chain and labor disruptions and a wave of inflation. We will frequently hear about waves, surges, and many other analogies but the bottom-line is that a rising tide lifts [...]
The Flight To Quality Will Look Different This Time Around
The Flight To Quality Will Look Different This Time Around Read Full Article Dryden Pence serves as chief investment officer for Pence Capital Management and runs Pence Wealth Management. He has been a contributor to The Smarter Investor since 2019. Formally trained as an economist, Dryden received a bachelor’s degree in economics from Harvard University in 1982. That same year, [...]
OC LEADER BOARD: THE NEXT NORMAL IS ABNORMAL
OC LEADER BOARD: THE NEXT NORMAL IS ABNORMAL Read Full Article The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Laila Pence is a registered representative with and securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC. Financial planning offered [...]
Pence Perspective Commentary | OCT 2021
Pence Perspective Commentary | OCT. 2021 The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as predicted and there [...]
Can You Hold My Attention? The Derek Bruton Podcast
Can You Hold My Attention? The Derek Bruton Podcast It’s always fun to have an accomplished advisor on the show. It’s more fun and interesting to have an advisor who has defied the odds to reach success. But it’s most enjoyable to have that advisor on my show just as she was named one of the top 100 advisors in the country by Barron's! Laila [...]
Pence Wealth Management’s Laila Pence on the Future of Cultural and Gender Diversity
Pence Wealth Management’s Laila Pence on the Future of Cultural and Gender Diversity Read Full Article The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Laila Pence is a registered representative with and securities and advisory services offered through LPL Financial, a Registered Investment Advisor, [...]
[Season 2 Ep.7] Pence Market Insights
[Season 2 Ep.7] Market Update Podcast Laila Pence: (00:00) Well, hello, everyone. Welcome to our podcast. Today is Thursday, October 21, and we have a lot to cover today. We'll first cover inflation and then I'll cover the proposed tax law changes. We will talk about earnings, cover a market update and then some year-end tax planning. Then, we'll try to answer some of the [...]
Can you afford to quit your job?
Can you afford to quit your job? If you were looking to buy a new car in today’s market, Dryden Pence says ‘if you can wait, you should’. In Young Money by Lauren Young Dryden offers advice on the best model to buy when the time is right. October 19, 2021 Read Full Article Pence Wealth Management (“PWM”) [...]
Working Wardrobes hosts record-breaking Annual Gala
Working Wardrobes hosts record-breaking Annual Gala Read Full Article Laila Pence is a registered representative with and securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC. Financial planning offered through Pence Wealth Management, a Registered Investment Advisor. Pence Wealth Management (“PWM”) is a sophisticated financial services practice within LPL Financial, LLC (“LPL Financial”) comprised of [...]
Consumer Price Index Takeaways
Consumer Price Index Takeaways What should investors take away from the CPI report, and what is the latest on inflation data? Dryden Pence says that 3rd quarter earnings are going to be positive. The panel then weighs in on the sectors that are performing well and not so well in the current market conditions. Nicole Petallides 1: (00:00) Greg McBride is with us, Senior Vice [...]
Laila Pence on Bloomberg Daybreak Asia (10/11/2021)
Laila Pence on Bloomberg Daybreak Asia (10/11/2021) Laila Pence on Bloomberg Daybreak to discuss current events, market outlook and the market. Speaker 1: (00:00) Let's bring in Laila Pence, who is the president of Pence Wealth Management. It's great to have you with us. So, how do you characterize the price pressures that we're seeing? Laila Pence: (00:12) Well, you know, it's to be expected [...]
Laila Pence Luncheon Presentation (2021) | 24th Annual Pence Wealth Luncheon
Laila Pence Luncheon Presentation (2021) Laila Pence, CFP® discusses potential tax changes, planning strategies and how it could change your retirement plan for the next future. Dryden Pence (00:00): I get to introduce my wife, which is really kind of fun. And for gentlemen out there, you know, if you ever get the opportunity to introduce your wife then it's a very, it's a very [...]
Bill McManus Luncheon Presentation (2021) | 24th Annual Pence Wealth Luncheon
Bill McManus Luncheon Presentation (2021) Bill McManus, CIMA® (nationally recognized speaker) discusses the latest research from the MIT AgeLab on how Covid has changed our world, our lifestyle, how we work, how we live and retire. Laila Pence (00:00): Alright, I have the pleasure of introducing our next speaker, Bill McManus. You know, he, he was here a few years ago and he received such [...]
Dryden Pence Luncheon Presentation (2021) | 24th Annual Pence Wealth Luncheon
Dryden Pence Luncheon Presentation (2021) Dryden Pence discusses our market outlook and how changes in governmental policy and human behavior will affect interest rates, inflation and investment opportunities worldwide. Bill Boggs (00:01): I have the distinct privilege to introduce our next speaker, but first, just a quick introduction. My name is Bill Boggs. Previous to coming to Pence Wealth Management, I was a senior financial [...]
Investment Solutions Roundtable: Asset Manager Insights on Biden’s Build Back Better Plan
Investment Solutions Roundtable: Asset Manager Insights on Biden’s Build Back Better Plan Read Full Article 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 [...]
LAILA PENCE RECOGNIZED AS ONE OF BARRON’S 2021 TOP 100 INDEPENDENT FINANCIAL ADVISORS
LAILA PENCE RECOGNIZED AS ONE OF BARRON'S 2021 TOP 100 INDEPENDENT FINANCIAL ADVISORS We are excited to announce that Barron’s has included Laila Pence in the list of the 2021 Top 100 Independent Financial Advisors*. She is honored to receive this recognition from Barron’s – a publisher covering U.S. financial information, market developments and relevant statistics. This will be Laila’s 10th consecutive time to be included in [...]
Two e-commerce stores best for exposure before the holiday season
Two e-commerce stores best for exposure before the holiday season Dryden Pence, Pence Wealth Management Chief Investment Officer, says consumers should watch Amazon and Shopify to start their holiday shopping. September 20, 2021 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 [...]
Laila Pence in Forbes 2021 America’s Top Wealth Advisors
FORBES RECOGNIZES LAILA PENCE AS ONE OF AMERICA’S TOP WOMAN ADVISOR (2021) We are excited to announce that Forbes has included Laila Pence in the list of the 2021 Top Wealth Advisors*. She is honored to receive this recognition from Forbes – a publisher covering original content on finance, industry, investing and marketing topics. This will be Laila’s 6th consecutive time to be included in the rankings since her [...]
Opportunities In FAANG Stocks: Why Netflix (NFLX) Is The Riskiest FAANG Stock
Opportunities In FAANG Stocks: Why Netflix (NFLX) Is The Riskiest FAANG Stock Is this a good time to buy the dip on Amazon (AMZN)? Dryden Pence, Chief Investment Officer at Pence Capital Management, and Doug Astrop, Managing Partner at Exponential Investment Partners, discuss this, as well as opportunities in FAANG stocks. They also talk about regulatory risks for FAANG stocks and why Netflix (NFLX) is [...]
Pence Perspective | Q3 2021
Pence Perspective | Q3. 2021 Download Here Intro In today’s world it’s easy to get wrapped up in the 24-hour news cycle. Networks and news outlets are designed around viewership and the human brain is psychologically wired for a greater sensitivity to negative news. In 2014, Russian news site City Reporter decided to conduct a social experiment and only reported good news to its readers for [...]
Stocks rise, futures steady as China concerns ease: markets wrap
Stocks rise, futures steady as China concerns ease: markets wrap August 4, 2021 The delta strain is exacerbating concerns that the rebound from the pandemic is losing steam. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are [...]
As Recovery Optimism Takes Center Stage, Asian Markets are Mostly Up.
As Recovery Optimism Takes Center Stage, Asian Markets are Mostly Up. August 4, 2021 The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may [...]
With a Roth conversion, there’s a surprising trick to biting the tax bullet
With a Roth conversion, there’s a surprising trick to biting the tax bullet August 3, 2021 The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set [...]
Still Growth in Tech
Laila Pence: "Still Growth in Tech" Laila Pence, President of Pence Wealth Management says the larger more established tech names still have good growth prospects. She speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Australia". (Source: Bloomberg) Aug 3, 2021 The opinions voiced in this material are for general information only and are not intended to provide specific advice [...]
[Season 2 Ep.6] Pence Market Insights
[Season 2 Ep.6] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as predicted and there [...]
Honoring Advisors Who Serve(d): Fourth of July, 2021
Honoring Advisors Who Serve(d): Fourth of July, 2021 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. Any company names noted herein are for educational purposes only and not [...]
The Big Q: How Do You Break the Ice With New Clients?
The Big Q: How Do You Break the Ice With New Clients? It’s part of the Big Q, our regular feature where we ask advisors and wealth management executives for their best answers to challenging questions. This week’s topic: What’s your best icebreaker? Chip Munn, chief executive officer, Signature Wealth Strategies: I’m a big fan of not missing the lesson in things. So the question I’ve been [...]
[Season 2 Ep.5] Pence Market Insights
[Season 2 Ep.5] Market Update Podcast The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as predicted and there [...]
LAILA PENCE RECOGNIZED IN BARRON’S 2021 TOP WOMEN FINANCIAL ADVISORS
LAILA PENCE RECOGNIZED IN BARRON'S 2021 TOP WOMEN FINANCIAL ADVISORS We are excited to announce that Barron’s has included Laila Pence in the list of the 2021 Top Women Financial Advisors*. She is honored to receive this recognition from Barron’s – a publisher covering U.S. financial information, market developments and relevant statistics. This will be Laila’s 6th consecutive time to be included in the rankings since her [...]
Laila Pence in Barron’s 2021 Top Women Financial Advisors
Laila Pence in Barron’s 2021 Top Women Financial Advisors We are excited to announce that Barron’s has included Laila Pence in the list of the 2021 Top Women Financial Advisors*. She is honored to receive this recognition from Barron’s – a publisher covering U.S. financial information, market developments and relevant statistics. This will be Laila’s 6th consecutive time to be included in the rankings since her first [...]
Egypt to launch fundraiser Sept. 25 collecting donations from Egyptians in US, Canada in contribution to needy local communities
Egypt to launch fundraiser Sept. 25 collecting donations from Egyptians in US, Canada in contribution to needy local communities CAIRO – 27 June 2021: A fundraiser will be launched to collect donations from Egyptians in the U.S. and Canada on Sept. 25 as part of integrating Egyptians abroad in Egypt’s sustainable development 2030. The campaign, launched by Minister of Immigration Nabila Makram under the auspices of Prime [...]
Egypt to launch fundraising event in US, Canada on 25 September
Egypt to launch fundraising event in US, Canada on 25 September June 27, 2021 Minister of State for Emigration and Egyptian Expatriates’ Affairs, Nabila Makram, on Sunday met with a delegation from the Ministry of Planning and Economic Development and the “Decent Life” Initiative, to launch a fundraising event in the US and Canada on 25 September. Save Makram also received businesswoman Laila Pence, who made the [...]
Emigration min: Egyptian expats in US, Canada to extend donations to Decent Life initiative
Emigration min: Egyptian expats in US, Canada to extend donations to Decent Life initiative Emigration Minister Nabila Makram said an event will be launched on September 25 to collect donations from Egyptian expats in the US and Canada for the presidential initiatives of Decent Life and Survival Boats. In a statement on Sunday, the minister said the event will be organized under the auspices of Prime Minister [...]
Top US adviser participates in Egypt’s ‘Decent Life’ initiative
Stock Repurchases Are Increasing After A 2020 Slowdown – Here’s Why Experts Say Buybacks Will Accelerate In 2021 Minister of Emigration and Egyptian Expatriates Affairs Nabila Makram received Pence and her husband, businessman Dryden Pence, as well as Aya Omar, Chairperson of the Board of Trustees at the Decent Life Foundation. Laila Pence, who received the 2021 Forbes Top Women Wealth Advisors award in the US, has [...]
Emigration Ministry Seeks to Upgrade Areas Exporting Illegal Immigrants.
Stock Repurchases Are Increasing After A 2020 Slowdown – Here’s Why Experts Say Buybacks Will Accelerate In 2021 Minister Nabila Makram met on Monday with Laila Pence, one of the US’ 2021 Forbes Top Women Wealth Advisors and president of Pence Wealth Management, to discuss contributions of Egyptian expats to development programs at home. The Emigration Ministry is keen on upgrading areas that export illegal immigrants and [...]
Laila Pence in Egypt to discuss launching campaign for Egyptian expats’ donations to Haya Karima
Stock Repurchases Are Increasing After A 2020 Slowdown – Here’s Why Experts Say Buybacks Will Accelerate In 2021 The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All investing involves risk including loss of principal. No strategy ensures success or protects against loss. Pence Wealth Management (“PWM”) is [...]
Emigration minister prepares for launching donations campaign by Egyptians in US
Stock Repurchases Are Increasing After A 2020 Slowdown – Here’s Why Experts Say Buybacks Will Accelerate In 2021 Minister Nabila Makram met on Monday with Laila Pence, one of the US’ 2021 Forbes Top Women Wealth Advisors and president of Pence Wealth Management, to discuss contributions of Egyptian expats to development programs at home. Egypt’s Minister of Emigration and Expats Affairs Nabila Makram discussed on Monday with [...]
June 2021 | Pence Perspective
June 2021 | Pence Perspectie 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 [...]
2021 Memorial Day Message
2021 Pence Wealth Management - Memorial Day Message Happy Memorial Day! This Memorial Day I wish to share a personal note. The most emotionally difficult mission and yet greatest honor afforded me in my 30 year military career, was presiding over the Honor Guard at my father’s military funeral service at the National Cemetery in Fort Smith, Arkansas this past July. Eldon. D. Pence Jr. [...]
Underlying Equity Fundamentals & Overblown Inflation Fears
Underlying Equity Fundamentals & Overblown Inflation Fears "Companies are buying back stocks in 2021 at a record pace as underlying fundamentals for equities are rather strong," says Laila Pence. On inflation, she believes that it is experienced by everyday consumers. "Average inflation" leads us to think that the zero interest rate policy will be here for some time. May 24, 2021 Host: (00:00) Don't fight [...]
Stock Repurchases Are Increasing After A 2020 Slowdown – Here’s Why Experts Say Buybacks Will Accelerate In 2021
Stock Repurchases Are Increasing After A 2020 Slowdown – Here’s Why Experts Say Buybacks Will Accelerate In 2021 The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All investing involves risk including loss of principal. No strategy ensures success or protects against loss. Pence Wealth Management (“PWM”) is [...]
[Season 2 Ep.4] Pence Market Insights
[Season 2 Ep.4] Market Update Podcast Laila Pence: (00:00) Good afternoon, everyone. Today is May 20, and this is season two, episode four of our podcast. We have a full agenda this afternoon. We're going to cover the number one question I've been getting asked about, which is inflation fears and interest rates. Then, I'm going to cover the potential of a new recovery act [...]
Pence Perspective | Q2 2021
Pence Perspective | Q2. 2021 Download Here Intro The old adage “Don’t fight the Fed” has been incredibly accurate over the last year and we do not expect that to change soon. In our view, equities are still the best place to put money to work but we think investors should focus on owning quality companies, elevating their yield profile, and maintaining higher levels of cash [...]
Government Stimulus vs. Taxes
Government Stimulus vs. Taxes 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 [...]
[Season 2 Ep.3] Pence Market Insights
[Season 2 Ep.3] Market Update Podcast Laila Pence: (00:00) Good afternoon. This is Laila Pence. Today is Thursday, April 29th, and we are on season two, episode three of our podcasts. We have a lot to cover today. We're going to start by covering the market. Then I'm going to go into details about the proposed Biden tax plan. We're going to talk about some [...]
Pence Wealth Management Recognized in Barron’s 2021 Top 100 Wealth Management Teams
PENCE WEALTH MANAGEMENT RECOGNIZED IN BARRON'S 2021 TOP 100 PRIVATE WEALTH MANAGEMENT TEAMS Barron’s has included Pence Wealth Management in the list of the 2021 Top 100 Private Wealth Management Teams*. We are honored to receive this recognition from Barron’s – a publisher covering U.S. financial information, market developments and relevant statistics. This will be the firm’s second year to be included in the rankings after being [...]
Despite Huge Cash Piles, Facebook, Amazon, Google Are Unlikely To Pay Out Dividends Anytime Soon, Say Analysts
Despite Huge Cash Piles, Facebook, Amazon, Google Are Unlikely To Pay Out Dividends Anytime Soon, Say Analysts The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts [...]
Dryden Pence On How Biden’s Infrastructure Proposal Will Affect The Market
Dryden Pence On How Biden's Infrastructure Proposal Will Affect The Market Dryden Pence says Congress is in a position to continue to push another infrastructure spending bill which is very much needed. According to Dryden, 45,000 bridges in the US are considered structurally deficient, and on a per capita basis, failing to rebuild infrastructure cost every American family about $3,300 per year in lost jobs, [...]
CITYWEALTH 2021 WOMAN OF THE YEAR BUSINESS GROWTH (BOUTIQUE)
CITYWEALTH 2021 WOMAN OF THE YEAR BUSINESS GROWTH (BOUTIQUE) We are pleased to share with you that Laila Pence, President of Pence Wealth Management, have been honored with the 2021 Woman of the Year Business Growth (Boutique) Bronze Award by Citywealth Magazine. This recognition is extremely exciting and humbling, and it’s a reflection of the entire Pence Wealth Management teams’ effort and success over this past year. [...]
Laila Pence Talks Key Takeaways From Recent Market Highs
Laila Pence on TDA Network (04/08/2021) Laila Pence Talks Key Takeaways From Recent Market Highs Laila Pence says that the S&P 500 stands 82% above its March 23, 2020 low as the CBO expects the U.S. economy to be at pre-pandemic levels by middle of 2021. Also, she believes that the inflation debate is, at present, a little early. April 8, 2021 Host: (00:00) Welcome [...]
Life In A Box – Wealth Vision Mobile App
Life In A Box - Wealth Vision Mobile App Our clients engage with their financial plan and their portfolios in many ways – online account access, mobile access, and our WealthVision secure custom website for each client to capture their financial plan, important documents, and enable seamless encrypted file sharing with the PWM team. Securities and Advisory Services offered through [...]
[Season 2 Ep.2] Pence Market Insights
[Season 2 Ep.2] Market Update Podcast Laila Pence: (00:00) Good afternoon, everyone. This is Laila Pence. Welcome to season two, episode two of our podcast. We have a full agenda to cover today. We're going to start by covering the economy and do a little virus update. Then I'm going to go into significant details about some of the tax law changes. Then we're going [...]
The Tale of Two Halves: Government Stimulus vs. Pent Up Consumer Demand
The Tale of Two Halves – Government Stimulus vs. Pent Up Consumer Demand 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 [...]
FORBES RECOGNIZES LAILA PENCE AS A TOP WOMAN WEALTH ADVISOR
FORBES RECOGNIZES LAILA PENCE AS A TOP WOMAN WEALTH ADVISOR [Newport Beach, CA] — [March, 25, 2021] – Laila Pence a financial advisor at Pence Wealth Management in Newport Beach, CA has been named one of the 2021 Top Women Wealth Advisors in the nation, according to a list recently published by Forbes. The Forbes special report highlights top-performing women wealth management professionals across the nation and [...]
Dryden Pence on FOX Business 3/19/2021
Dryden Pence on FOX Business 3/19/2021 March 19, 2021 Liz Claman: It is 5 minutes before we hear the closing bell. Ending the week, the Dow right now, barreling towards its first down week in 3. The S&P looks to snap a 2-week winning streak and Nasdaq, after yesterday's rout, facing its 4th down week over the past 5. Now, what happens, right? We just [...]
LAILA PENCE RECOGNIZED IN BARRON’S 2021 TOP 1200 FINANCIAL ADVISORS
LAILA PENCE RECOGNIZED IN BARRON'S 2021 TOP 1200 FINANCIAL ADVISORS [Newport Beach, CA] — [March 19, 2021] – Laila Pence an independent LPL Financial advisor in Newport Beach has been recognized as one of the 2021 Top 1,200 Financial Advisors in America, as ranked by Barron’s. The Barron’s special report highlights outstanding financial advisors from all 50 states, plus the District of Columbia, based on factors including [...]
Dryden Pence’s Outlook For Defense Sector
Dryden Pence's Outlook For Defense Sector Dryden Pence, Chief Investment Officer of Pence Capital Management, looks to the defense sector and says it has reasonable valuations and dividend yields. He says that defense spending as a share of GDP is near historical lows and the U.S. defense budget is 21% higher that 4 years ago. March 3, 2021 Dryden Pence, Chief Investment Officer at Pence [...]
[Season 2 Ep.1] Pence Market Insights
[Season 2 Ep.1] Market Update Podcast [Ep #17] Market Update and the Coronavirus (Transcription) Laila: Good afternoon, everyone! Glad you could join us. We have a lot to cover on this volatile day. This is episode one from season two of these podcasts, and we want to cover a lot. Of course, we're going to start by covering today's markets — what happened today and [...]
Pence Perspective | Q1. 2021
Pence Perspective | Q1. 2021 Download Here Intro 2020 was a historic year. A once in a century pandemic, the fastest bear market in history, and the largest year-over-year drop in economic output since just after World War II. This was coupled with the quickest recovery from a bear market in history and a year that saw two successive records for household wealth despite the damage. [...]
Laila Pence Examines Consumer Savings In 2020
Laila Pence on TDA Network (02/19/2021) Laila Pence Examines Consumer Savings In 2020 Laila Pence weighs in on interest rates, treasury yields, liquidity, and sectors to watch in 2021. February 19, 2021 Do you think that there is going to be a detriment to equities moving forward? Or do you just think this momentum we see in equities won't stop just because of higher interest [...]
LAILA PENCE RECOGNIZED IN FORBES AS A 2021 BEST-IN-STATE WEALTH ADVISOR
LAILA PENCE RECOGNIZED IN FORBES AS A 2021 BEST-IN-STATE WEALTH ADVISOR Newport Beach, CA — February 11, 2021 – Laila Pence, President of Pence Wealth Management, was recently ranked No. 1 in Southern California in the 2021 Best-In-State Wealth Advisors list published by Forbes. According to Forbes, the annual list spotlights the nation’s top-performing advisors, evaluated based on a methodology developed by SHOOK Research. Advisors are also [...]
Dryden Pence on TDA Network (02/11/2021)
Dryden Pence on TDA Network (02/11/2021) Dryden Pence And Brett Sifling's Expectations For Walt Disney (DIS) Earnings Dryden Pence and Brett Sifling say that with Disney's Investor Day presentation, it became a growth company that is now expected to have a larger base of subscribers than Netflix in just 5 years. February 11, 2021 What can we expect for subscriber growth at Disney? We are [...]
Dryden Pence on Reuters TV (02/08/2021)
Dryden Pence on Reuters TV (02/08/2021) Bet on e-commerce stocks: advisor Pence Wealth Management chief investment officer Dryden Pence tells Reuters' Fred Katayama consumers' new online shopping habits won't fade after the health crisis ends. Pence names some e-commerce stocks that he sees as poised for further growth. February 8, 2021 We're seeing record high after record high. I know the way that you see [...]
Laila Pence: Mega-Savings Plus Stimulus Spells Opportunity
LAILA PENCE: Barron's Q&A Article February 5, 2021 By Steve Garmhausen Read Full Article The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All investing involves risk including loss of principal. No strategy ensures success or protects against loss. Actual investment returns may be materially different than the returns [...]
Laila Pence on Bloomberg Radio (02/02/2021)
Laila Pence on Bloomberg Radio (02/02/2021) Laila Pence, President of Pence Wealth Management, discusses her market outlook with Rishaad Salamat and Doug Krizner on Bloomberg Daybreak Asia. February 2, 2021 Today, our guest is Laila Pence, President of Pence Wealth Management, on the line from Newport Beach, California. Thanks for being with us! I was struck today by a note from a strategist at Bank [...]
Laila Pence on Bloomberg Daybreak Asia (02/02/2021)
Laila Pence on Bloomberg Daybreak Asia (02/02/2021) Let’s talk a little bit about the biggest market moves today. Retail trading fever. With some of the favorite stocks losing ground. But, our next guest thinks at least GME is a reasonable business. Let’s discuss this with Pence Wealth Management President Laila Pence. Layla, always great having you with us. So, are we finding some fundamentals driving these [...]
[Ep #17] Market Update Podcast
[Ep #17] Market Update Podcast [Ep #17] Market Update and the Coronavirus (Transcription) Laila: Welcome, Happy New Year. We have a full, full agenda today. I hope you like our new system for signing up to listen to this. We have the highest number of people listening today. So, we’re very excited about that. We have a lot to cover, so let’s get with it. I’m [...]
E-Commerce Companies Still Have Room to Grow
E-Commerce Companies Still Have Room to Grow With online shopping still a small percentage of total retail spending, the e-commerce boom continues to have legs. 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 [...]
Dryden Pence Talks Online Holiday Sales Growth in 2020 (01/11/2021)
Dryden Pence Talks Online Holiday Sales Growth in 2020 What's your outlook for 2021? I think it's a constructive one. There will be some volatility early in the year, but as we get to the point where everyone has either had COVID or has obtained a vaccine, we're confident the economy will continue to grow. Most expectations have a GDP growth rate north of 3%. [...]
Laila Pence on ‘The American Dream’ with Scott Griffin
Laila Pence on 'The American Dream' with Scott Griffin This is an episode not to miss! Laila Pence was on The American Dream with Scott Griffin and shared incredible insights on locating various sources of funding from places you may have never imagined. She will be introducing Securities Backed Lines of Credit - wait until you learn about this! Securities Backed Line of [...]
The 10 Most-Googled Questions About 401(k) Plans, Answered By Financial Experts
The 10 Most-Googled Questions About 401(k) Plans, Answered By Financial Experts "What you contribute is great, but over time, what you EARN on that money is more powerful." Since COVID forced us all to take a long, hard look at the ways we can build a more secure future, the topic of retirement has garnered a little extra buzz. Maybe you're in your twenties realizing that your [...]
Dryden on Fox Business Network
Dryden on Fox Business Network (11/30/2020) Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC. Fox Corporation, Pence Wealth Management and LPL Financial are separate entities. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. [...]
Headwinds Facing The Economy Post-Election
Dryden Pence On Headwinds Facing The Economy Post-Election November 9, 2020 - Dryden Pence On Headwinds Facing The Economy Post-Election The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. [...]
Pence Perspective | Q4. 2020
Pence Perspective | Q4. 2020 Download Here Bottom Line Up Front: At the beginning of the year, there was a broad consensus on Wall Street that a Biden presidency was the largest looming risk to equity markets and existing valuations. Over the last month the market has taken a decidedly different tone. As former-Vice President Joe Biden’s general ballot lead has expanded - now [...]
Laila Pence Ranked in Working Mother and SHOOK Research’s 2020 Top Wealth Advisor Moms
Laila Pence Ranked in Working Mother and SHOOK Research’s 2020 Top Wealth Advisor Moms Greetings, We are thrilled to announce that Laila Pence, President of Pence Wealth Management, was included in the ranks of Working Mother’s annual list of Top Wealth Advisor Moms. She is ranked #3 and this is her 4th consecutive year in this ranking. For four years, Working Mother has partnered with SHOOK Research [...]
Laila Pence – Barron’s 2020 Top 100 Independent Financial Advisors
Laila Pence – Barron’s 2020 Top 100 Independent Financial Advisors Greetings, We are excited to announce that Laila Pence, President of Pence Wealth Management, has been ranked on the Barron’s[1] list of Top 100 Independent Financial Advisors for the 4th consecutive year. She is ranked #46 nationwide. We encourage you to forward or share this article to celebrate Laila’s valued recognition. Laila and the rest of the [...]