Today on the program, we speak to long-time portfolio manager Steve DuFour who manages the U.S. Focused Stock Fund. Steve shares his perspectives the current inflationary environment, the earnings cycle, and what the upcoming presidential race could mean for the US economy. Steve explains how the U.S. Focused Stock Fund is a concentrated fund comprised of 36 stocks. His niche is finding companies with strong relative earnings. For him, he spends time looking at companies with good balance sheets and good earnings. He’s not necessarily latching onto current trending themes. For him, he meets with company leaders, looks at company earnings as a whole, and from there discovers what themes are driving the company’s success. Steve also touches on the impact of AI, why he invests in healthcare, utilities, and REITS.

Recorded on July 17, 2024.

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