Russ Koesterich Quotes

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

Tags

Earnings | Catalyst | Short | Term | Market |

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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

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

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