Russell Investments Blog JBU Jambu B01DE6G7RG Women's Whitney Boot Snow Boot B01DE6G7RG Jambu Parent ec829db - Connect
JBU Jambu B01DE6G7RG Women's Whitney Boot Snow Boot B01DE6G7RG Jambu Parent ec829db -

JBU Jambu B01DE6G7RG Women's Whitney Boot Snow Boot B01DE6G7RG Jambu Parent ec829db -

  • 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
Caprice 25409, Women’s Ankle Boots B01E188CR4 ParentLuichiny Women's Gone Bananas Ankle Bootie B01E183S8W Parent , Women’s Stiefelette Ankle Boots, Black B01E7ABBKG ParentIvanka Trump Women's Livi Over The Knee Boot B01E602DT0 ParentJANE KLAIN Women’s Bootie Ankle Boots B01E7EGVV6 ParentJANE KLAIN Stiefelette, Women’s Warm-Lined Short-Shaft Boots and Bootees B01E7EFXCO ParentReport Women's Slicker2 Rain Boot B01E85KL9C Parent , JANE KLAIN Women's Ankle Boots B01E7EGZ9E ParentJANE KLAIN Women’s Stiefel Ankle Boots B01EAK899Y Parent , Madden Girl Women's Dallyy Ankle Bootie B01E9T9M2Y ParentJANE KLAIN Women’s Bootie Combat Boots B01EAKBQSU Parent , JANE KLAIN Chelsea Boot, Women’s Warm-Lined Short-Shaft Boots and Bootees B01EAKAPMI Parent , Bruno Banani Bootie, Women's Ankle Boots, Brown (Braun), (EU) B01ECKVXBS Parent , Report Women's Liria Ankle Bootie B01F3JFFX4 ParentSpring Step Women's Yili Ankle Bootie B01EIR133S Parent , Sugar Women's Intuit Ankle Bootie B01EK6LAUS Parent , Sugar Women's Vine Ankle Bootie B01EK6LH7Y ParentGant Women’s Tara Ankle Boots B01ELTPKGE Parent , Sugar Women's Ruler Ankle Bootie B01EK6O5E6 ParentNine West Women's Ballico Pony Ankle Bootie B01EV9L00E ParentTommy Hilfiger Womens Ripley Almond Toe Ankle Fashion Boots B01ELFP50O Parent , Tommy Hilfiger Womens Ripley Leather Closed Toe Ankle Fashion Boots B01ELFNNA8 ParentCOOLWAY Babete, Women’s Warm-Lined Short-Shaft Boots and Bootees B01ERAGVFG Parent , Rieker Womens 50630-35 Boots Red B01EIJRIB2 Parent , Rampage Women's Justina Ankle Bootie B01ESGEC6E Parent , JANE KLAIN Women’s Stiefelette Ankle Boots B01EAKII3G Parent , French Connection Women's Claudia Ankle Bootie B01ETEQKZG ParentJJ Footwear Womens LAC Millville Wide 22.4 cm – 26 cm B01ENGVIKC Parent , Sam Edelman Women’s Cambell Ankle Boots, Black, 7.5 B01EVTT5T2 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: , , , , Converse Womens Chuck Taylor All Star Brea High Top Sneaker Parent B01MR2ZEX8 , Men's/Women's Rieker Women’s M3725 Trainers Parent B078N7YT2C Good world reputation Let our products go to the world Characteristics , IGI CO Shoes Woman Low Sneakers 1148600 Black Parent B079RWTF1QNIKE Air Max Fury Womens Running Shoes (8 B(M) US) Parent B071G24Q69 , Gentleman/Lady Via Women's 5001009 Trainers Parent B079DWW2PL Wear resistant high quality cheap priceAtlantic Stars Shoes Woman Low Sneakers Vega BD-35B White Parent B07C98NJ58Mizuno Wave Mujin Women's Trail Running Shoes - AW14 B00M8DQZ3I Parent , Hangar 9 Womens Boots, Colour Light Brown, Brand Hangar, Model Womens Boots Hangar 47221 Light Brown B07BK5JY2W Parent , GTVERNH-Girls Winter Snow Boots The Velvet Martin Boots Black Boots And Short Boots Winter. B078JK8T1W ParentXeibD Charm Shell Toe Barefoot Sandals Anklet Foot Chain for Women Girl B07GK3DS8B ParentOdomolor Women's Kitten-Heels Frosted Solid Pull-On Square-Toe Pumps-Shoes, Black, 43 B07BD2G8CV Parent , Aldo Women’s Mukai Ankle Strap Pumps B01MAUAWP7 ParentNine West Women’s Nwdempsey Platform Sandals B06XRYBHGX ParentULTIMATE COLLECTION Court Shoes Size 37.5 EU RRP £ 65.00 B0721D6VFG Parent , AllhqFashion Women's Pull-on Square Closed Toe Low-Heels PU Assorted Color Pumps-Shoes B01LAWKK0G Parent , 1TO9 Womens Buckle Bead High-Heels Gold Sequins Pumps-Shoes - 6 UK B06XVMVDW5 ParentOdomolor Women's Solid PU High-Heels Pointed-Toe Pull-On Pumps-Shoes, Gray, 35 B07BBH9Q4V ParentMan's/Woman's Benavente Women’s 110309 Ballroom B07F21LL1S Parent Various styles Low price a wide variety of goodsAgooLar Women's Pu Pointed-Toe Kitten-Heels Pull-On Pumps-Shoes, GMDDA009541 B07H89QPGL ParentGentlemen/Ladies Think! Women’s Chilli_282113 Brogues B0779GNK5V Parent Best-selling worldwide Elegant style Superb craftsmanshipClarks Women’s Funny Dream Derbys B07B8WN48B ParentHY Slope with Summer Sandals Women's Vintage Weaving High-Heeled Waterproof Platform Rhinestone Women's High-Heeled... B07DB6VNFM Parentnae Oxia - Women Vegan Flat Sandals | Made of Ecological, Breathable and Anti-Allergy Microfiber B07BZQGLPR Parent , SHOESHAOGE Summer Rough With Roman Sandals Woman Sue Leaky Toe Bandage Hollow One Word With High Heels Women'S... B0753LJ5H8 Parent , Vans Unisex Adults' Classic Slip-on Trainers, Red/Black, XXL B000NSMIZE Parent , Summer female sandals with high heels with women's shoes with women's sandals B072QCXC99 ParentShenhai Slippers female wedge heel platform flip leisure leather women's slippers, gold, 37 B07GXY9KRY 37|Gold , BalaMasa Girls Polka-Dots Buckle PU Sandals B01FTE1TE2 ParentTWGDH Sandals Chunky High Heels Ankle Strap Shoes Woman Summer Peep Toe Boot Sandal Cut-Outs Pumps Sandalias B07CZ421X4 Parent , JSHOE Women's Sandals Super Satin with Sparkling Glitter Dance Shoes Satin/Tango/Chacha/Samba/Modern/Jazz Shoes... B07DLWJY4C Parent ,
Subscribe to Russell Investments blog

JBU Jambu B01DE6G7RG Women's Whitney Boot Snow Boot B01DE6G7RG Jambu Parent ec829db -

  • 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.