Russell Investments Blog Geox Geox D nhta-29279 Koleos a, Women’s Koleos Wedge Heels Sandals B01MCXWXLV Parent 59b02e8 - Connect
Geox Geox D nhta-29279 Koleos a, Women’s Koleos Wedge Heels Sandals B01MCXWXLV Parent 59b02e8 -

Geox Geox D nhta-29279 Koleos a, Women’s Koleos Wedge Heels Sandals B01MCXWXLV Parent 59b02e8 -

  • 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
Propet Women's Mariko Slide Sandal B00MUAPU80 ParentAndre Assous Women's Reese-A Espadrille Sandal B00QUZYPTQ ParentBCBGeneration Women's Ari Dress Sandal B00P2653HC Parent , Man/Woman Matisse Honor, Women’s Honor B00SBNHNO4 Parent Elegant shape discount German OutletsChocolat Blu Women's Cortez Sandal B00R7SEQOY Parent , Kelsi Dagger Brooklyn Women's Belle Dress Sandal B00UOMP8EC Parent , Charles David Women's Ofilia Espadrille Sandal B00SYQVEC0 Parent , Obsession Rules Women's Maya Sandal B00UV9W11G Parent , Kelsi Dagger Brooklyn Women's Wen Wedge Sandal B00UOMUCK2 ParentMusse & Cloud Women's Leiza Heeled Sandal B017X6RITY ParentGentlemen/Ladies Schutz Women's Charlay Sandal B00UYZZNMQ Parent Reputation first Online German OutletsRebecca Minkoff Women's Camila Slide Sandal B0189AHRPS ParentMusse & Cloud Women's Naela Heeled Sandal B017X6ROA2 Parent , Lucky Brand Women’s Nova Dress Sandal, Peony, US B018S3C59O Parent , Rebecca Minkoff Women's Erin Flat Sandal B0189AIWCU ParentCorso Como Women’s Sandi Platform Sandal B019IC7JVI Parent , André Assous Women’s Vanessa-a Platform Sandal, Black, 38 M US B0195I4DX2 Parent , Charles by Charles David Women's Salve Platform Sandal B019IF7OJC Parent , Five Worlds by Cordani Women’s Poza Platform Sandal B019RG2T4M Parent , Splendid Women's Spl-Genevieve Wedge Sandal, US B019T8B96M ParentCole Haan Women’s Ayana Wedge Sandal B01A8HKG3U Parent , Cole Haan Women’s Tabby Dress Sandal B01A8HXLT6 Parent , Cole Haan Women's Cambon Wedge Platform Dress Sandal, Blk/Roccia B01A8HLOBS ParentKelsi Dagger Women’s Kary Heeled Sandal B01AI82308 Parent , Spring Step Women's Naila Wedge Sandal B01ABYJDW0 Parent , Joie Women’s Bailee Gladiator Sandal, Black B01AK0UGD0 ParentKelsi Dagger Women’s London Heeled Sandal, US B01AI837WQ Parent , G.H. Bass Women’s Macie Dress Sandal B01APXMIRY Parent , J Slides Women’s Amelia Platform Dress Sandal B01AO3ZJ8K 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: , , , , Nike WMNS Shox Gravity Womens Aq8554-105 Parent B07CHTK3V9 , MINITOO Women's Crystals Flared Heel Satin Red Latin Salsa Dance Shoes Wedding Sandals 2 M UK Parent B00Y41U5CYCHAQLIN Cute Chihuahua Dog Puzzle Prints Platform Shoes Women Casual Height Increasing Swing Wedges Parent B076F1J4VD , NIKE Air Max Thea Textile Women, Women’s Low-Top Sneakers Parent B001784V8Q , ZHZNVX Women's Shoes Knit/PU(Polyurethane) Summer Comfort Sneakers Flat Heel Round Toe Black/Brown / Red Parent B07H1G85VJadidas Women’s Cloudfoam All Court Gymnastics Shoes B077VXXQ5K ParentMan/Woman SPM Women's 15196864-2SO-4/4 Boots B01H28RJDS Parent bargain Elegant and sturdy packaging Various latest designs , Desigual Bottines Cris Valkiria Noir 17WSALF0 B075NL62CB Parent , Clarks Ladies Casual Ankle Boots Orinoco Art - Black Leather - UK Size 5E - EU Size 38 - US Size 7.5W B074N88RG4 Parent , Alma en Pena Womens Boots, Colour Black, Brand, Model Womens Boots I18360 Black B07HG88GXY ParentGabor Women's Comfort Fashion Boots, Brown B072LPJ77J Parent2018 Fashion Lady Over The Knee Boots Party Thigh high Boots Stiletto high Heels Wedding Shoes Woman B07GS69YH4 ParentVagabond Womens Kenova Mary Jane Ballerina Shoes Black B07DM3MFQF Parent , BalaMasa Ladies Chunky Heels Low-Cut Uppers Pointed-Toe Suede Pumps Shoes B0731D8RHD Parent , Nine West Women’s Jacquerie Suede Pump B071D4X261 Parent , J. Renee Women’s Gianna Pump B06XX6GH2X Parent , Kenneth Cole New York Women’s Mariana Pointy Toe Dress Pump B078DDZL5T Parent , HH Four Seasons Women (black. Red) button flanging short boots sanding rubber fine heel abrasion resistant non-slip... B075YGX8H2 Parent , Easemax Women's Sweet Tow Straps Square Toe Chunky Mid Heel Low Top Court Shoes B07D4GDV7D Parent , 1H204ZY1RHLS1 Pinko Sneakers Women Sequins Green B0162LLHRA ParentSandals Summer Sequined Cloth Upper Women's Shoes High Heels Fashion Thick Heel B07CKYL9VR ParentSummer female slippers fish mouth women sandals water diamonds open toe women sandals flat sandals women B072K4D6PC Parent , Calvin Klein Women's Natania Dress Sandal B01MQMIZH2 Parent , Yiwuhu Baotou Half Drag White Shoes Leather Flat No Heel Lazy Cowhide Slippers Breathable (Color : Black, Size... B07H855FPK ParentNine West Chandelier Pink Mid Heel Sandals B07DRM5ZFW ParentPleaser AMUSE-19 Blk Veggie Suede UK 7 (EU 40) B00MH2IVFA Parent , CROSS Red Microfibre High Heels Platform Peep Toe Sandals B0744N9YXS ParentDebut Womens Gold Glitter 'Dorinda' High Stiletto Heel Sandals B07CMFWZKB Parent , AllhqFashion Women's Soft Material Peep Toe High Heels Buckle Solid Sandals B01G87WVZK Parent , fereshte Men's Women's Crossdresser Drag Queen Slip On D'Orsay Stiletto High Heels Party Pumps Big Size B076P8LKGW Parent
Subscribe to Russell Investments blog

Geox Geox D nhta-29279 Koleos a, Women’s Koleos Wedge Heels Sandals B01MCXWXLV Parent 59b02e8 -

  • 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.