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 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 [...]