Russ Koesterich Quotes
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. 
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Winding | Year | Sort | Small | Middling |
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Earnings are the most likely catalyst in the short term. The market is very concerned about inflation and the consumer rolling over because of higher prices. If the outlooks call for strong fourth-quarter sales, then you could see something good happen.
- 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