Russ Koesterich Quotes
Things have been very distorted by how warm the weather was in January. To some extent, we're trying to get a handle on how it impacted the economy. It helped retail spending and housing starts, but has hurt energy prices. 
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Distorted | Warm | Weather | January | Extent |
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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
We're just winding down the year, ending the year with these sort of small, middling gains, which to me makes sense because you've had opposing factors this year. On the one hand you've had good earnings and a robust economy, but on the other hand, you've been fighting the Fed. The two canceled each other out.
- Russ Koesterich
The economy is slowing, not to the point where anybody's really worried, but if corporate profits slow along with it, you're going to want to see the Fed finish up with rate hikes. But the Fed is going to err on the side of inflation. So the one catalyst that could move the markets out of this trading range doesn't seem to be there right now.
- Russ Koesterich