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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Digestion | Today | Mart | News | Issue |

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There are still some significant headwinds out there, but I have to say, the market has held up pretty well. But ... we're still stuck in the same trading range we've seen for months, and it'll take better news to break out of it. - 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

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