Russell Investments Blog Neosens 20927 Shoe Fantasy S924 Fantasy Ebony Marino Marino B074N3VZVV Parent 3733991 - Connect
Neosens 20927 Shoe Fantasy S924 Fantasy Ebony Marino Marino B074N3VZVV Parent 3733991 -

Neosens 20927 Shoe Fantasy S924 Fantasy Ebony Marino Marino B074N3VZVV Parent 3733991 -

  • 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
Kick Footwear Ladies Ankle Retro Combat Boot Women's Funky Leather Vintage Gothic Ankle Boots B079S1B3XZ ParentSmilun Lady's Oxford Shoes Fringe Classic Tassel Flats Round Toe B01LYQ1TTZ ParentClarks Pola Sophia Nubuck Shoes in Black B079MDKRVM Parent , Josef Seibel Women’s Neele 02 Derbys B0792HC36C ParentClarks Janey Mae, Women’s Loafers B00TDS70C6 Parent , Grafters Womens/Ladies 4 Blind Eyelet Hi-Shine Leather Cadet Shoes B00VUDGUKU ParentGabor Women’s Rollingsoft Derbys, Black B0728CF4PG ParentMan/Woman Gabor Women Casual Derbys B07625TQ1G Parent Packaging diversity discount Rich on-time delivery , Ladies Superb Quality Soft Leather Machine Washable Shoes Black UK 8 B00BPAZFMM Parent , Sperry Bahama, Women's Boat Shoes B0046QUJIM Parent , Gentleman/Lady Gabor Women’s Rollingsoft Derbys B07CBBSSDQ Parent elegant special function British temperament , Easy Spirit AP1 Sport Walking Shoe B0002QS67Q ParentMarco Tozzi Women’s 23705 Brogues B076SRKZ2S Parent , Clarks Women’s Hamble Oak Brogues B0758PKJKT Parent , Pikolinos Women Calabria W9k Brogues B01LARSBDO Parent , Clarks Women’s Witcombe Echo Oxford B06XCGY9JB ParentKick Footwear Women's Yellow Velvet Point Slipper Shoes Casual Mules Pointed Flat Slippers B072JRPRKW ParentCanvas Flat Shoes, Women Bowknot Decorated Memory Foam Soft Soled Breathable Comfort Casual Girl Shoes(38,Pink) B07GBPSGTY ParentCamper Shoe K200514-001 PEU CAMI Black B079RM5PBH ParentPoetic Licence by Irregular Choice Women’s Corporate Beauty Brogues B0758HFRDK ParentECCO Chase Ii, Women’s Low-Top Sneakers B00O8GD99Q ParentJosef Seibel Women’s SMU-Neele 02 Derbys B077GYGMCB ParentClarks Tri Trail, Women’s Low-Top Sneakers B073Q23ZCB ParentDr. Martens Joyce HRT Shoes Black B0721MDYS2 ParentDr. Martens Unisex Adults' 1461 Charcoal Antique Temperley Derbys, Black B012QDHDJO ParentHotter Women’s Tone EXF Oxfords B075GHP1NR Parent , Clarks Sillian Bella Womens Casual Shoes B01H0H70EY Parent , Josef Seibel Neele 02, Women's Derby B00DRWFJA4 Parent , Womens Skechers Go Walk Lite Shore Denim Lightweight Walking Trainers B072ND1RYZ 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: , , , , Angkorly Women's Fashion Shoes Sandals Mules - Platform - Fringe - Pom Pom - Rhinestone Wedge Platform 6.5 cm B01NAZ8CVL ParentLolittas Summer Beach Wedge Sandals for Women Ladies, Boho Bohemian Low Heel Waterproof Platform Open Peep Toe Wide Fit Slingback Outdoor Pantshoes Size 2-9 B07D65MDBS 5 UK|BeigePuma Women's Blaze Of Glory Decor White/Whisper White Ankle-High Fashion Sneaker - 6.5M Parent B01F7S5432MINITOO QJ6227 Women's Color Block Gold Satin Latin Salsa Dance Shoes 7.5 M UK Parent B015PHRL7WDYY Sandalias y zapatillas planas, sandalias de estudiante pellizco, zapatos de playa B07FB19RN3 Parent , WXMDDN Latin Dance Shoes Red Dance Shoes Female Adult Outdoor Dance Shoe 5.5cm Soft Bottom High-Heeled Dancing... Parent B078HKFCJMITTXTTI Ms. sandals female summer new thick-soled beach shoes pregnant women flat leisure students Korean version... Parent B07DVHFRRTZHZNVX Women's Comfort Shoes PU(Polyurethane) Spring & Fall Sneakers Flat Heel White/Blue / White/Silver / White... Parent B07H3MXRL2Lexus A003 Donna Mid Heel Slingback Sandal with flower trim and peep toe B00NIZ22U0 Parent , Asics Gel-Fortify, Women's Running Shoes, Silver (Silver 9140), 6 UK B01B66Q6M2 ParentKEEN Women's Hoodoo III Winter Boot B00RLSIVLY ParentMerrell Women's Outmost Mid Vent Waterproof Hiking Boot, Boulder, 8.5 M US B01NCLNS17 ParentMerrell Women’s Siren Edge Low Rise Hiking Shoes B015PK166G ParentDivine Madness 375B Taupe Leather Boots Beatles Woman Rhinestone B00TR06KEE Parent , Kitzen Womens Zipper Pointed Retro Sexy Over Knee Thigh High Heel Stretch Autumn Faux Leather Boots Shoes B07DGKGZ13 Parent , Lowa Women's 420546 0937 Boots Grey Grey B07DH76MC5 ParentEl Naturalista Women’s N5172 Lux Suede-Doble FAZ Kaki/Lichen Ankle Boots B07CHYBXNN ParentGentleman/Lady Rieker Z0120, Women’s Boots B00CJYA8C0 Parent Best-selling worldwide Known for its good quality Outstanding function , Bismaa Womens Ladies Sexy Thigh High Kinky Fetish Over The Knee Stiletto Heel Full Side Zip Boots Size UK 3-12 B07FM5X88M ParentSHU CRAZY Womens Ladies Faux Suede Zip Up Low Block Heel Chelsea Fashion Ankle Shoes Boots - Q78 B07H42V2LS Parent , DecoStain Women's Cow Suede Leather Nubuck Zip Low Heel Ankle Boots B077ZR9ZCS ParentEllie Shoes Women's 106-Avenge Engineer Boot B01IRX3L1Q ParentOffice Fetch Block Heel Sandals B01G7XPP0S ParentShow Story Elegant Floral Colock Platform High Heel Stiletto Dress Pumps,LF80839 B01GLCFKH8 ParentCarolbar Women's Concise Pointed Toe Court Shoes B073P2SV1R ParentOdomolor Women's Solid PU Kitten-Heels Pull-On Closed-Toe Pumps-Shoes, Black, 38 B07BBNCJPD Parent , AgooLar Women's Pu Kitten-Heels Pointed Closed Toe Solid Buckle Pumps-Shoes, GMDDB012212 B07HHR1HP8 ParentKUKI Women's fashion wear high-heeled high-heeled non-slip sandals B07CQTWCYB ParentBalaMasa Womens Quilted Applique Bridal Urethane Sandals ASL05307 B07FP77BDW Parent , AalarDom Women's Kitten-Heels PU Solid Buckle Open-Toe Sandals, TSDLH005981 B07H2Z5V82 Parent
Subscribe to Russell Investments blog

Neosens 20927 Shoe Fantasy S924 Fantasy Ebony Marino Marino B074N3VZVV Parent 3733991 -

  • 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.