Russ Koesterich Quotes

You're having a little bit of digestion today. The Wal-Mart news is going to an issue that is concerning investors in 2006, which is namely the health of the consumer. Is consumer spending, which has really driven the economy, going to hold up?

- Russ Koesterich

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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

You're having a little bit of digestion today. The Wal-Mart news is going to an issue that is concerning investors in 2006, which is namely the health of the consumer. Is consumer spending, which has really driven the economy, going to hold up? - Russ Koesterich

The selling you're seeing is nearly all on the tech side, and you're seeing resilience in other parts of the market. This tells me that people aren't panicking over Japan or anything else. - Russ Koesterich