WEXFORD, Pa.-- (BUSINESS WIRE) -- Ron Muhlenkamp, President of Muhlenkamp & Company, Inc., and Portfolio Manager of the Muhlenkamp Fund, will host a free investment seminar on Thursday, November 5, at the Pittsburgh Marriott North in Cranberry. Mr. Muhlenkamp will present “What’s the New Normal? Economics, Rules, Markets.” His presentation will look at the hangover of this recession, including changes in consumer spending and the credit markets, along with the informal and formal rules that affect each, and how it all gets reflected in the markets.

Two sessions are planned. The afternoon event begins at 2:00 p.m. and the evening event begins at 7:00 p.m. Doors open one half-hour in advance; light refreshments will be served. The afternoon presentation is also available via live video webcast. To register, call 877.935.5520 extension 4, or visit www.muhlenkamp.com.

“In the fourth quarter of last year, the American public basically went from spending 100% of their income to spending 95%, which means that savings went from 0% to 5% in the one-quarter period. The question since then has been what’s the public going to continue to do,” says Mr. Muhlenkamp. “The 2001 recession never really hit the consuming public very much. In contrast, during the ’90 recession a third of the S&Ls in the country went bankrupt, along with about 1,200 banks. Coming out of that, the public shifted from spending money to saving and investing money. It gave you a different list of companies that you wanted to own.”

Mr. Muhlenkamp’s career spans 40 years devoted to the management of investment portfolios. He is a nationally recognized investment manager, frequent guest of the media, and author of Ron’s Road to Wealth: Insights for the Curious Investor, published by John Wiley & Sons.

Headquartered in Wexford, Pennsylvania, Muhlenkamp & Company, Inc., offers both private account management and the 100% no-load mutual fund, the Muhlenkamp Fund (MUHLX).

For more complete information about the Muhlenkamp Fund, including risks, fees and expenses, please call 877.935.5520 for a free prospectus. Please read it carefully before investing.

Mutual Fund investing involves risk. Principal loss is possible.

Quasar Distributors, LLC, Distributor