Russell Investments Blog ECCO Women’s Gora Multisport Outdoor Outdoor Gora Shoes, Camel/Camel B0163GKDJ2 B0163GKDJ2 Parent 9519138 - Connect
ECCO Women’s Gora Multisport Outdoor Outdoor Gora Shoes, Camel/Camel B0163GKDJ2 B0163GKDJ2 Parent 9519138 -

ECCO Women’s Gora Multisport Outdoor Outdoor Gora Shoes, Camel/Camel B0163GKDJ2 B0163GKDJ2 Parent 9519138 -

  • 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
NIKE Women’s Free Trainer 6 Fitness Shoes, Black B014GNBTJ2 Parent , Nike Women’s Classic Cortez Gymnastics Shoes B07D8F6GCN Parent , Under Armour Women’s Micro G Speed Swift Running Shoes B018F5BPY6 Parent , KEEN Women’s Terradora Mid Wp High Rise Hiking Shoes B01H8GIH5I Parent , Nike Women’s W Roshe Two Flyknit Running Shoes B01KHQQF2S ParentNike Women’s WMNS Air Span Ii Gymnastics Shoes B07G589V3M Parent , Viking Hunter High GTX, Unisex Adults’ Hunting Boots B00KEO9CJM ParentToggi Columbus, Unisex-Adults' Wellington Boot B006KZ8K9M ParentAltra TIMP Women's Trail Running Shoes - AW18 B01MU35BT3 ParentNew Balance Women’s Fresh Foam Cruz Fitness Shoes B01LY321O1 Parent , Saucony Women’s Kinvara 8 Running Shoes, US B01N9KCLGZ Parent , Under Armour Threadbourne Push TR Women's Training Shoes - AW17 B01NCLTPQF ParentMeindl Women’s Ohio Lady 2 GTX High Rise Hiking Shoes B00IRLP8XS Parent , Asics Fuze X Lyte 2 Women's Running Shoes B0761WVNTB Parent , Saucony Women’s Excursion Tr11 GTX Running Shoe B01N6JLH42 ParentNIKE Women’s WMNS Air Zoom Vomero 12 Running Shoes B01MZBYM01 Parent , NIKE Women’s W Air Vapormax Flyknit 2 Gymnastics Shoes B07F4M37LZ ParentNIKE Women’s Air Max 97 Gymnastics Shoes B07FGH4VZC Parent , Brooks Womens Ghost 10 Neutral High Cushion Running Shoe B07F28RJ3L ParentSaucony Women’s Kinvara 8 Running Shoes B01GIQNHTA Parent , Salomon X Ultra 2 GTX, Women's Low Rise Hiking Shoes B00TWVF2OW ParentNike Women’s W Air Max 97 Ul '17 Lx Gymnastics Shoes B078W831K4 Parent , Brooks Women’s Launch 4 Running Shoes, Blue B01GEZU50O ParentNike Women’s 818100-401 Trail Running Shoes B00GM6GHHQ Parent , Under Armour Ua Micro G Speed Swift, Women's Running Shoes B00ZVJAJOM Parent , adidas Lite Runner, Men's Running Shoes B0782Q8LWM Parent , adidas Supernova Sequence 7, Women's Running Shoes B00P9XSL1I ParentMerrell Womens Siren Sport Q2 WTPF Siren Sport Q2 WTPF B01HFR78RI ParentMammut Trovat Advanced High Women's Boots B01AV44UCI 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: , , , , JSport by Jambu Women's Clare Flat Parent B01MXF6NSNadidas Originals Women's Shoes | Tubular Invader Strap Fashion Sneakers, Raw Pink Raw Pink Still Breeze F, (9.5... Parent B01HNIR1D0Asics Gel-Lyte III 'Borealias Pack' Sneaker Black H6X0L 9090 Parent B01M2DD9HWNew Balance Women’s 500 Trainers Parent B07DFZHTNKWrangler Oxid Mid Zipper, Women’s Hi-Top Sneakers Parent B0113VJ1ZYConverse Auckland Racer Ox Can/Suede Pr, Unisex Adults’ Gymnastics Shoes Parent B016C5WFAE , Ariat Women's Heritage Western R Toe Western Cowboy Boot B000M10AYI Parent , Vionic Womens Fresh Joey Nubuck Trainers B072QQZ8QP Parent , Riou Women's Flat Sandals Summer Clip Toe Flip Flops Thongs Bohemian Style Beach Shoes with Wedge Strappy Gladiator... B07D9FMHM7 ParentCaprice 25363-35 Tan 3/4 Heeled Boot B015OLU16W Parent , Man's/Woman's Chinese Laundry womens Rashelle B072PT7P76 Parent Practical and economical delicate Caramel, gentle , ShangYi Women's Shoes Customized Materials Wedge Heel Wedges / Platform Sandals Party & Evening / Dress / Casual... B01FZJI9US ParentKeys 1156 Ankle Boots Women B01MREU66V ParentPikolinos Women’s Santander W4j_i17 Boots B06X9JXRKL Parent , Higher Heels Pleaser Pink Label Womens Oversize Court Shoes Dream-420 Cream Patent Big Size B073X5R8B2 ParentJIANXIN Sequins Flat Fisherman Shoes Women's Shoes Love Shoes Thick-soled Platform Shoes Shallow Mouth Sets Foot... B07G5L2MVD ParentFourever Funky Women's Synthetic Monique Platform Round Toe Pump B00BME1F2A ParentCOOLCEPT Girls Sweet Low Cone Heel Pumps Shoes With Bowknot B073STJVK5 ParentInitiale Women’s Oana Closed Toe Heels B01MRVKSDN ParentOdomolor Women's Buckle Round-Toe Kitten-Heels PU Solid Pumps-Shoes, Pink, 38 B07BBFTP57 Parent , Odomolor Women's Kitten-Heels Solid Buckle PU Round-Toe Pumps-Shoes, Black, 38 B07BBFV36B ParentAllhqfashion Women's PU Pointed Closed Toe Low-Heels Buckle Solid Pumps-Shoes B07CQRNLGG ParentZHUDJ Large Size Sandals_43 After The Mouth Of The Fish With Empty Sandals All-Match Occupation Ol B07CCMZY5N ParentWomen Shoes Stiletto Heel Party & Evening Club Platform Sandals Pumps Size 35 To 41 B07B6Q956T Parent , YLLHX Women's shoes Bridal Pregnant bride Bridesmaid High heel Dress Dinner Round head fairy sandals Single Princess... B07DT8CT7R ParentWomen's Shoes Leatherette Summer/Fall Club Shoes/Light Soles/Novelty Sandals Crude Heel Hollow-Out Ladies Casual... B07DFXB96N Parent , Semler A4231-071-001 Alice women Slipper B00N47A24U Parent , LaxBa Fashion Women'S Autumn And Winter Home Indoor And Outdoor Cotton Slippers Dark brown38 B077W9MQYP ParentJia Jia Bridal 20113A Satin High Heel Closed toe Prom Party Dance Wedding shoes Wommen Pumps B00FVUPP2C ParentRuanlei@Summer Sandals/Beach Sandals for Women/Flat Sandals/Sandals Pearls/Wedge Dress SandalsGround clip and... B07CVWWDKG Parent
Subscribe to Russell Investments blog

ECCO Women’s Gora Multisport Outdoor Outdoor Gora Shoes, Camel/Camel B0163GKDJ2 B0163GKDJ2 Parent 9519138 -

  • 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.