The AAII Pittsburgh Chapter presents...

"Europe, China and U.S. Politics?Why Do We Care?"

    Discussed by:

    Ronald H. Muhlenkamp CFA
    Founder and Portfolio Manager, Muhlenkamp & Co., Inc.

The financial markets are being driven by conditions in three global areas. In Europe, several countries face the unresolved problem of having insufficient capacity to pay for the welfare-state benefits they have promised their citizens. In China, due to credit restraints imposed several months ago, economic growth continues to slow. Finally, in the U.S., the economy is slowly recovering with businesses husbanding cash and banks gradually rebuilding their balance sheets through increased industrial and commercial lending. In this presentation, Ron Muhlenkamp will explore these three financial themes in detail and discuss their implications for investors.

Attend This Meeting and Learn...
The defining characteristics of the current investment environment
Those investment areas best avoided
Where to find investment opportunities

Tuesday, March 20, 2012 (Date Change)
6:30 ? 7:00 p.m.    Registration/Social
7:00 ? 9:00 p.m.    Program
Comfort Inn Pittsburgh East
699 Rodi Road
Pittsburgh, PA 15235
[ Map This Location ]
In Advance (by 3/15), Everyone, $10/person
At the Door space permitting, Everyone, $14/person
NEW! Register online at
No Refunds.

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  Special Interest Groups (SIGs)

SIG meetings do NOT require advance registration (some may request an RSVP). Most are free of charge. Contact the group leader if you need additional information to attend.

All SIG meetings are held at the Comfort Inn Pittsburgh East, except the Getting Started group, which meets at the Sewickley Library. See the chapter website at for upcoming dates and topics.

Brett Pechersky,
Start time: 6:30 p.m., Thursdays, February 23, March 22 and April 26, 2012

Rational Investing/VectorVest SIG
Herb Geissler,
Start time: 6:00 p.m., Corrected Date: Thursday, May 10, 2012

Getting Started SIG (held at Sewickley Library)
Larry Coudriet,
Dates to be announced.

Stock Selection SIG
Jim Emberg,
Start time: 6:30 p.m., Tuesday, February 14, 2012

Technical Analysis SIG
Buck Gray,
Start time: 7:00 p.m., Wednesdays, April 4 and July 11, 2012

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