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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?
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Russ Koesterich
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The market in general is not anywhere near the peaks it hit during the end of the bubble.
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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.
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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.
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Russ Koesterich
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