Russ Koesterich Quotes

The market in general is not anywhere near the peaks it hit during the end of the bubble.

- Russ Koesterich

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Market | General | Peaks | Bubble |

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Core inflation (excluding volatile energy and food prices) has stayed relatively contained. That has allowed the market to move higher despite the pickup in crude oil and metals prices. - Russ Koesterich

I think, overall, we're seeing some friendly economic data that helped the market out. That said, there's not a lot of catalysts out there that could take us much higher, unless oil drops $5 a barrel or the Fed comes out with amazingly clear language in its take on the economy, and neither of those are likely. - Russ Koesterich

The consumer is losing the ability to defend his lifestyle, and that means eventually he'll have to cut back on spending. Whether this will really come to a head in 2006 or 2007 is up in the air, but it's coming. - Russ Koesterich