Fed May ‘Stick the Landing’ and Avoid Recession
Pence Wealth2023-06-08T11:34:35-07:00Fed 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 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 [...]