Russ Koesterich Quotes

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

Tags

Core | Inflation | Excluding | Volatile | Energy |

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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

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. - Russ Koesterich

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