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Russ Koesterich Quotes

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

Tags

Distorted | Warm | Weather | January | Extent |

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You have to ask yourself, if you sever the profitable part of a company from the part of the company that's less profitable, what do you have left? To me, this is an area that still has to develop, and I don't necessarily know if I would go forward with that. - 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

The market was a little oversold. I think this (the run-up) is mostly technical. I don't think you can read too much into it, since there weren't a lot of drivers. - Russ Koesterich

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