Russell Investments Blog Mukluks Rainboots Women’s Muk LUKS Libby Rainboots Rain Mukluks Shoe, Brown, B01LM7Z572 7 M US B01LM7Z572 Parent baa0430 - Connect
Mukluks Rainboots Women’s Muk LUKS Libby Rainboots Rain Mukluks Shoe, Brown, B01LM7Z572 7 M US B01LM7Z572 Parent baa0430 -

Mukluks Rainboots Women’s Muk LUKS Libby Rainboots Rain Mukluks Shoe, Brown, B01LM7Z572 7 M US B01LM7Z572 Parent baa0430 -

  • This field is for validation purposes and should be left unchanged.
We only use your email address for blog updates. Privacy Policy
Market Week in Review
Download PDF | Print
| By
Download PDF | Print
Ellie Shoes Women's 253 Morgan Slouch Boot B00JEF1XBC Parent , White Knee High Adult Boots B00DGQM9V8 ParentEllie Shoes Women's 421-Groove Engineer Boot B00JEF9FLM ParentBlack Pirate Boots Deluxe for Women B00JEEUUXA ParentEllie Shoes Women's 103 Jasmin Boot B00MCAECBY Parent , Viking Slagbjørn II, Unisex Adults’ Rain Boots B00J5PFO0C ParentSale – Bockstiegel Womens Chelsea Wellies ETTE Black EU Size 36 37 38 39 40 41 B00SM538FY ParentDAV Women's Jackson Rain Shoe B00XAM7ANU ParentKamik Women's Jennifer Rain Boot, Charcoal/Coral, Varies B00V49JP52 ParentGentleman/Lady Women's shoes, boots, 773 B00T5NGPBG Parent Aesthetic appearance Upper material Known for its excellent qualityEllie Shoes Women's 420 Villain Boot B00W8BQY5Y ParentEllie Shoes Women's 420-Hero Boot B014J02CKC Parent , Muk LUKS Women's Annabell Rain Shoe B00XQOFNG8 Parent , Ellie Shoes Women's 300 Super Boot B00W8BFTK0 ParentEllie Shoes Women's 609-Raven-S Boot B017S42ITG Parent , Marc Shoes Women’s Helena Ankle Boots, Blue B01HK8OWMQ ParentShoe the Bear Women's Boots B01DSSWYUE ParentSam Edelman Women's Keigan Rain Shoe B01EWMAOC0 Parent , Annie Shoes Women's Noreen Wide Calf Riding Boot B01GKEBBVG ParentAngkorly Women's Fashion Shoes Boots Thigh Boot - Stiletto - Sexy - Rhinestone Stiletto high Heel 11.5 cm B01KGL8N3S Parent , Ellie Shoes Women's 106-Avenge Engineer Boot B01IRX3L1Q Parentmaca_kitzbühel Shoes - Boot 1900 - Brandy B01KYV9AR8 ParentAngkorly Women's Fashion Shoes Thigh Boot Boots - sexy - soft - knot - node Block high heel 8.5 CM B01KGMC9IW Parent , J Shoes Women's Kellen Ankle Boot B015J5G4KU ParentEllie Shoes Women's 511-Gwen Motorcycle Boot B01LBZ4EEU Parent , Mukluks Women’s Muk LUKS Karen Rainboots Rain Shoe, Black, 9 M US B01LML10ZE ParentMuk LUKS Women's Brown Libby Zig Zag Shoe Rain Boot B01LM80DU0 Parent , MACA Kitzbühel Shoes - Boot 1901 - nero B01LXCRTFR ParentMukluks Women’s Muk LUKS Anabelle Rainboots Rain Shoe B01LML1G9Y Parent
| By What’s behind the recent surge in oil prices?

On the latest edition of Market Week in Review, Rob Cittadini, director, Americas institutional, and Chief Investment Strategist Erik Ristuben discussed the recent rise in oil prices amidst political unrest in Saudi Arabia.

Oil prices on the upswing as turmoil engulfs Saudi Arabia

The recent events in Saudi Arabia helped fuel a steep increase in oil prices across the globe the week of Nov. 6, Ristuben said—with the cost of U.S. West Texas Intermediate crude rising to nearly $57 a barrel, up from roughly $49 a month earlier. “Whenever there’s a potential change in tenure or political tone in a country, that creates volatility,“ he explained, adding that geopolitical risks very rarely have a lasting impact on markets.

That said, in Ristuben’s opinion much of the uptick in oil prices is better attributed to the health of the global economy. As evidence, he cited the upward adjustments to the estimated gross domestic product (GDP) growth rate in both Europe and the U.S. “This is further proof that the global economy is expanding,” he said—“leading people to begin pricing in a higher demand for oil.”

U.S. tax reform debate continues

Switching to the U.S., Ristuben noted that financial markets have been jittery in recent days as both houses of Congress continue to hammer out details of proposed tax cut legislation. “This serves as a stark reminder of just how hard it is to get anything done in the U.S. at the federal level, no matter which party is in control,” he said. Tax reform in particular is extremely difficult, Ristuben explained, because the economic makeup of the states or regions represented by members of Congress can vary wildly from one to the next. “This means that when you change the rules, there will be clear winners and losers,” he said.

Ultimately, Ristuben and the team of Russell Investments strategists believe that a tax reform package will get passed, likely in early 2018—but that it probably won’t be as ambitious in scope as what was originally laid out.

Global economy continues to shine—What could it mean for financial markets?

Transitioning to European economic news, Ristuben said that the continued surge in German industrial production was a high point for the week. The positive numbers are reflective of steady economic growth on a global scale, he said. “Overall, the latest data coming through has been consistently solid across the board—and markets have taken notice,” Ristuben stated.

He added that in his and other Russell Investments strategists’ viewpoint, this will likely translate into continued gains in the stock market—but that more volatility is also a possibility. “Negative pullbacks are common in equities—and we haven’t had one in a while,” Ristuben noted. “Don’t be surprised if one happens—and don’t be terrified either, because all things considered, I think the economy will continue to move forward.”

Watch the video or listen to the podcast. And subscribe.



Download PDF | Print Category: Markets insights Topics: , , , , PATRIZIA PEPE Women's 2V5803/AN84-Y298 Trainers Gold Nut Gold Parent B07DWFRSSH , Kickers Women’s Baie Ballet Flats, Blue/Orange Parent B01MQPKG34 , Skechers Bob Squad Electromagnetic Charcoal & Black Women's Trainer Parent B0784QVXXS , Holywin Womens British Vintage Classic Motorcycle Shoes Thick Heel Ankle Martin Boots Parent B07H5K8N51 , Fila Womens Orbit P Low Synthetic Sneakers Parent B0793T6HH7Raider Women's Rider Smoothie II Flip Flops-Black, Size 41.5 B00TUSBPI4 Parent , ZH Autumn and Winter Bar Interface Cotton Slippers Couples Home Slipper Slippers,A,39 Parent B078JVQKV6adidas Originals Women's PW Tennis HU Shoe ice Pink/Chalk White, 8 M US Parent B077X8YTJZ , Zormey Women'S Heels Spring Summer Creepers Patent Leather Dress Casual Wedge Heel Tassel B072NB54KH Parent , adidas Women's Supernova Riot 3 GTX Trail Running Shoes, UK 7.5 B003ZWWO4K Parent , AJUNR-Ladies New Fashion Shoes The Wind Is Fine With The Color Of Metal And Suede Boots A Stylish And Elegant... B0788H66NY ParentAmerican Rag Womens Coreene Closed Toe Ankle Fashion Boots, Black, Size 9.5 US/7.5 UK US B01LBH4UQU ParentHBDLH-Autumn And Winter Thick And Short Boots Round Head Short Tube 6Cm High Heel Martin Boots Waterproof Table... B07GK9WP6V Parent , SFSYDDY-Spring Shoes Thin And Pointed 10Cm High Heels Light Lacquer Cat And Shoes. B07GKX5SN4 ParentYKANG Large Size Stainless Steel Metal Stiletto 22CM Sexy Low To Help Women's High Heels,Red,16 B07HG27L6B Parent , DADAWEN Women's Slip-On Wedge Espadrilles Low Mid Heel Pumps Court Shoes B07F9WBBBB Parent , Odomolor Women's Low-Heels Microfibre Solid Pull-On Square-Toe Pumps-Shoes, Orange, 38 B07BBNTZD2 Parent , Seychelles Women’s Cruisin' Flat Sandal B07323JY8G ParentZCW Casual Versatile Shoes,Muffins Thick-Soled Sandals in the Summer, of Sequined Shoes,Casual Wedges Women'S... B07H2X6XRJ Parent , Cafè Noir MGH932010360 E17.1981 MULTIARGENTO 37 Sandalo MULTILISTINI B06XXRKG2B Parent , KPHY Women'S Shoes/Summer Beach Shoes Women Sandals Student Leisure Sports Bottomed Lovers Thirty-Nine Black B07G4DFCS8 ParentComfortiva Womens Formosa Leather Open Toe Casual Platform Sandals B01L0O8FKG Parent , SHOESHAOGE Coarse Heel Sandals With Heel Heels Roman Sandals Women'S Shoes B0753M39KG Parent , 11cm Stiletto Pump Open Toe Hollow Rhinestone Sandals Dress Shoes Women Simple Pure Color Zipper Party Shoes OL... B07D4DXFGJ ParentIvanka Trump Women’s Edline Heeled Sandal, Medium B01M1619PO Parent , Pepe Jeans Roxy Bass, Shoe Women. B07GBQBVTQ Parent , LCWORD Women's Slope Heel Ethnic Style Beaded Sandals Plus Size Comfortable,Black,UK8 B07DCNN44X Parent , Blue by Betsey Johnson Womens Shilo Satin Dress Sandals Purple 7 Medium (B,M) B077SFVVVX Parent1TO9 Womens Platform Wedges Printing Imitated Suede Sandals MJS03515 B07G46387T ParentHAOYUXIANG Thick bottom slope with clip feet cool slippers fashion outside wear pine cake bottom not slippery... B07CYYZ31Z Parent
Subscribe to Russell Investments blog

Mukluks Rainboots Women’s Muk LUKS Libby Rainboots Rain Mukluks Shoe, Brown, B01LM7Z572 7 M US B01LM7Z572 Parent baa0430 -

  • This field is for validation purposes and should be left unchanged.
We will only use your email address for blog updates.
Subscribe to Russell Investments blog

Receive blog posts to your inbox. Stay up to date and subscribe now.

  • This field is for validation purposes and should be left unchanged.