You're having a little bit of digestion today. The Wal-Martnews 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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This quote is just one of 9 total Russ Koesterich quotes in our collection. Russ Koesterich is known for saying '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?' as well as some of the following quotes.
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.
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.
People are waiting to see what kind of change in policy language is going to accompany that statement. The question is, if the Fed is approaching (a neutral stance), how will its policy change in 2006?
We're just winding down the year, ending the year with these sort of small, middling gains, which to me makes sense because you've had opposing factors this year. On the one hand you've had good earnings and a robust economy, but on the other hand, you've been fighting the Fed. The two canceled each other out.
This quote is just one of 9 total Russ Koesterich quotes in our collection. Russ Koesterich is known for saying '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?' as well as some of the following quotes.