Steel City Capital was up 2.7% for the first quarter. Founder Michael Hacke said he was "disappointed" that the fund "didn't fully participate in the robust rebound experienced by all of the major U.S. indexes." However, he also said they identified a number of opportunities during the quarter and emphasized that he's focused on long-term investment horizons. He expects the positions they have bought recently will reward the fund "handsomely in the years to come."
Michelle Jones was a television news producer for eight years. She produced the morning news programs for the NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spent a short time at the CBS affiliate in Huntsville. She has experience as a writer and public relations expert for a wide variety of businesses.
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Quick Look
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Cheap Gas - Are oil prices too cheap for our own good?
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