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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.
Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial”) Manager Select program. PCM’s Chief Investment Officer is Dryden Pence. Dryden Pence is also a registered representative and investment adviser representative of LPL Financial, member FINRA/SIPC and a registered investment adviser. PCM is not affiliated with LPL Financial.
The opinions expressed are for general information purposes only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making any decision.
All performance referenced is historical and is no guarantee of future results. All indices referenced, if any, are unmanaged and may not be invested into directly.
The opinions expressed in this material are those of PCM and do not necessarily reflect the views of LPL Financial. Third party comments made within this communication do not reflect the views of LPL Financial and have not been reviewed by LPL Financial as to accuracy or completeness.
All company names noted herein are for informational purposes only and not an indication of trading intent or a solicitation of their products or services.
Reuters, PCM and LPL Financial are separate entities.
Dryden Pence is a registered representative with and securities and advisory services offered though LPL Financial LLC (“LPL Financial”) member FINRA/SIPC and a registered investment adviser. Mr. Pence may offer financial planning services through Pence Wealth Management (“PWM”), a registered investment adviser. Pence Wealth Management and LPL Financial are separate entities. Mr. Pence is the Chief Investment Officer of Pence Capital Management, LLC and provides investment related consultancy services to Pence Wealth Management and Pence Financial Group.
The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
All Financial Consultants at Pence Wealth Management are Registered Representatives 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 and
separate entity from LPL Financial.
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