Russell Investments Blog Nine nhta-26506 West Women's Tuchscreen Sandal Leather Heeled Sandal B016E1RNI0 B016E1RNI0 Parent fda1536 - Connect
Nine nhta-26506 West Women's Tuchscreen Sandal Leather Heeled Sandal B016E1RNI0 B016E1RNI0 Parent fda1536 -

Nine nhta-26506 West Women's Tuchscreen Sandal Leather Heeled Sandal B016E1RNI0 B016E1RNI0 Parent fda1536 -

  • 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
Nine West Women’s Daithi Fabric Sandal B06XNMCZNT Parent , Nine West Women's Geld Suede Dress Sandal B06XS3VDX5 ParentNine West Women’s Lialo Synthetic Heeled Sandal B06XSB15FD Parent , Nine West Women's Mangalara Metallic Dress Sandal B06XT7DH3D ParentCalvin Klein Women's Mabel Slide Sandal B06Y63J9MR ParentNine West Women’s Taha Synthetic Heeled Sandal B072VM8M4W ParentNine West Women’s Parlanda Metallic Heeled Sandal B076FLBX6V ParentNine West Women’s Parlanda Leather Heeled Sandal B076FNM3WH ParentNine West Women’s Zebree Suede Heeled Sandal B076J18RQ9 Parent , Nine West Women’s Jorgapeach Leather Wedge Sandal B076HKWW6N ParentNine West Women's Ailamina Metallic Heeled Sandal B077W3BQBW ParentNine West Women’s Incheck Leather Heeled Sandal B076KV8QP9 ParentNine West Ailamina Suede, Women’s Heeled Sandal B077YL4VWY Parent , Nine West Women’s Exuberate Fabric Sandal B077YNPP3Z Parent , Nine West Women’s Mydebut Leather Heeled Sandal B077YNPP41 ParentNine West Women's Lynton Synthetic Heeled Sandal B07856WTWR ParentNine West Women’s Ailamina Leather Heeled Sandal B07856YF68 ParentNine West Women’s Exuberate Leather Sandal B0785P5D59 ParentGioseppo Sandals and Slippers for Women, Colour Pink, Brand, Model Sandals and Slippers for Women 44086G Pink B07BK3M97Z Parent , Betsey Johnson Women’s Sedona Heeled Sandal B07BMDH323 Parent , Solillas Womens Cream Lilia-Tribal Ankle Tie Sandals B07D37BMQ3 ParentSolillas Women's Original Menorcan Sandals Black Leather Studs 8 UK Women/41 EU B07F7T9LN4 Parent , Men/Women Birkenstock Arizona, Unisex-Child Sandals B00UJPA72C Parent elegant Selected materials Outstanding style , Women's Shoes PU Spring Summer New Sandals Chunky Heel Sandals Heteromorphic Heel Sandals Ladies High-heeled Sandals... B07CTDGVV8 ParentSkechers Women’s Vinyasa - Beach League T-Bar Sandals B077BXGDS9 Parent , Ancient Greek Style Leather H Sandals Roman Handmade Womens Slide Slip-on Shoes Gladiator Spartan Hermes Summer... B07CZNNXVS ParentBirkenstock Papillio by Mykonos, Women's Sandals B00KQEFRVW ParentHÖGL Women’s 3-10 7840 0100 Wedge Heels Sandals B01M1A9E3B ParentNeosens Women’s S505 Fantasy Floral Black Cortese Sandals Flat Platform B01N4AKCE6 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: , , , , Reebok Women’s Bs7348 Fitness Shoes Parent B071HGNTKN , Nomaquito Aqua and Multifunctional Shoes Parent B0747MJRPLD.A.T.E..... Women's Sneaker Hill Low Pong in Pelle Laminata Platino A Nido D'ape Parent B079CHDZYDadidas Originals Women's Shoes | Gazelle Sneakers, Vapour Pink/White/Metallic Gold, (9 M US) Parent B01N1SETFISkechers Unisex Kids' Twinkle Toes Shuffles Running Shoes B01J510QEO Parent , Ted Baker Women’s Suszie Flip-Flop B077GZSQZV ParentEl Naturalista Women’s N918 Pleasant Black/Angkor Chukka Boots B071S2CNKG Parent , Easemax Women's Trendy Faux Suede Pointed Toe Zip Up High Stiletto Heels Ankle High Boots B074V8L54X ParentHi-Tec Women's St Moritz Lite 200 I WP Snow Boot B00RM2LU1W ParentNero Giardini Women's Boots black black 2.5 B01M65KIIZ ParentRUGAI-UE High Heeled Sandals Fashionable Hollow Cross High Heels Sandals B072Q7ZDT2 Parent , SHOESHAOGE Spring Shallow Mouth Shoes Female Thick Heel With The Retro Square Head High With A Word Buckle Women'S... B0753M5HKZ ParentFeet First Fashion Rhea Womens High Slim Heels Zip Up Pointed Toe Ankle Boots Ladies Shoes Size B07GS5WGKW Parent , AdeeSu Womens Color Matching Thick Bottom Heel Solid Imitated Leather Boots B01NBBZRCZ Parent , Viking Waterproof Dryboots/Boots # 37 (UK4) B003OW2DZQ ParentCAFÈ Noir FC122 Boot Women B074JFZXLF ParentBoots, Women's Boots, Boots, Boots, Boots, Boots, Women's Boots , khaki , EUR34.5 B077K5Z76B Parent , VINSENIYA Red & White Stripe Peep Toe Sling Back Sandal B00FJ2QXAU Parent , Linzi Santorini - Black Nappa Studded Gladiator Block Heel B07B9KTRQB ParentChinese Laundry Womens Friday Fabric Open Toe Ankle Strap D-Orsay Pumps B00142IDTS Parent , Pleaser Allure-657 - sexy platform high heels sandals with rhinestones sizes 2-10 B00E8UU1DO Parent , Women's Boots Real Leather Retro Classic Elasticity Martin Boots Casual Chelsea Boots Work Shoes Ankle Boots B07H3M99PP ParentOdomolor Women's Low-Heels PU Solid Pull-On Round-Toe Pumps-Shoes, Black, 34 B07BBCSYSS Parent , Odomolor Women's Solid Frosted Low-Heels Pull-On Closed-Toe Pumps-Shoes, Black, 35 B07BBCSYVL Parent , Allhqfashion Women's Pull-On Low-Heels Patent Leather Closed-Toe Pumps-Shoes B07CTHRX7G ParentThe high-heel women shoes dew-toe sandals Foot Ring strap women's shoes satin fashion European and American 8cm... B07FZW75SW Parent , SHANGXIAN Australia sheep wool slippers, Indoor shoes at home in baotou, fur slippers 2 3 4 5 6 7 8 9 10 11 12... B0755J9KGK Parent , Beck Women’s Yvonne Open Back Slippers B078WW94M8 ParentINC International Concepts Womens Mariani Open Toe Casual Gladiator Sandals B071DRDYTG Parent , Allhqfashion Women's Pu Open-Toe High-Heels Buckle Solid Sandals, FBULD014939 B07GKZQFSN Parent ,
Subscribe to Russell Investments blog

Nine nhta-26506 West Women's Tuchscreen Sandal Leather Heeled Sandal B016E1RNI0 B016E1RNI0 Parent fda1536 -

  • 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.