2% Inflation Rate? “Not Anytime Soon”

2% Inflation Rate? Not Anytime Soon

March 15, 2023 | By Pence Financial Group

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Dryden Pence, Chief Investment Officer at Pence Capital, talks about difficulty the Federal Reserve will have targeting a 2% inflation rate and the adjustments they will likely need to make.


Chief Investment Officer | LPL Registered Principal


Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial”) Manager Select program. PCM’s Chief Investment Officer is Dryden Pence. Dryden Pence is a registered representative with and securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC. PCM is not affiliated with LPL Financial.

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 of services including personal investment advisory, third party managed advisory and brokerage services. PFG is an investment adviser registered with the State of California to provide financial planning services. The financial professionals associated with PFG are registered with and securities and investment advisory services offered through LPL Financial, member FINRA/SIPC and a registered investment adviser.

Pence Financial Group does not provide legal and/or tax advice or services. Please consult your legal and/or tax advisor regarding your specific situation. The financial consultants of Pence Financial Group are registered representatives with, and securities and advisory services offered through LPL Financial. A Registered Investment Advisor. Member FINRA/SIPC. LPL Financial, Pence Financial Group, and Pence Capital Management are separate entities. Wealth Management provided through 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.