AAP Podcast #45 – The CEO Take on Inflation, Economy, Housing and Chips

On this edition of the AAP Podcast, Chris Versace is joined by Dr. Jack Truong, former CEO of building products company James Hardie Industries (JHX), the North American CEO of appliance company Electrolux and a top C-Suite executive with 3M (MMM). We cover an array of topics with Jack sharing his insights on inflation, debt levels for the US and consumers, and why he sees a soft landing for the US economy. 

The conversation continues with why he is bullish on infrastructure spending for nonresidential construction and the reshoring of chip capacity. Jack also explains why appliances in our kitchens could be fodder for cyber-attacks, something that prompted the Biden administration to introduce a cybersecurity labeling program. From there we dig deep into the housing market, one that Jack views the new construction segment as having considerable legs ahead of it. We close out the conversation with Jack sharing his view on what to look for in a management team and some questions investors should ask them.