Pence Capital's Dryden Pence: Don't foresee a recession as the labor market remains largely healthy

Dryden Pence, Pence Capital Management CIO and Stephen Stanley, Santander, join 'Power Lunch' to discuss Powell, the Fed and markets. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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[@bonner-qv3mi]

Great video, The first $100,000 invested was amazing. But when you hit $300,000 it’s like smashing the glass ceiling! I cried.

[@WalterDorcas]

I completely agree with you! My first 100k took a long time and wasn't that special to be honest with you. Once I hit 300K that is the game changer in my opinion. At this point my money is basically making me a pretty good yearly salary. When I go to sleep at night I know my money is making decent money with the help of my FA

[@Johnmark-iq4gg]

Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.

[@bonner-qv3mi]

I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.

[@WalterDorcas]

"Nicole Anastasia Plumlee" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

[@bonner-qv3mi]

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

[@robschild.]

Labor market is super strong, super strong economy, my neighbor finally just got his 4th job last week and so now he can pay his rent in full and has enough left over to take his girlfriend to McDonalds once a month!!! Quick reminder, EPS of the S&P at the end of 2021 was higher than in May 2024, but sure, let's pretend earnings are doing great!

[@Computertrading]

2024 & 25 is not a recession year, 2026 is not promised

[@Youngmora1]

labor market is still strong, higher for longer until you lose your job