Russell Investments Blog BalaMasa Womens Solid Platform Platform Beaded Solid Urethane Pumps Shoes APL10682 29372 B07GSDWY4Y Parent 6b27894 - Connect
BalaMasa Womens Solid Platform Platform Beaded Solid Urethane Pumps Shoes APL10682 29372 B07GSDWY4Y Parent 6b27894 -

BalaMasa Womens Solid Platform Platform Beaded Solid Urethane Pumps Shoes APL10682 29372 B07GSDWY4Y Parent 6b27894 -

  • 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
BalaMasa Womens Solid Nubuck Ruffles Urethane Pumps Shoes APL10706 B07GT82X9M ParentBalaMasa Womens Studded Fringe Dress Urethane Pumps Shoes APL10712 B07GT84KKT ParentBalaMasa Womens Platform Nubuck Travel Urethane Pumps Shoes APL10707 B07GT8714M ParentBalaMasa Womens Dance-Ballroom Dress Travel Urethane Pumps Shoes APL10704 B07GT89811 Parent , Gabriella - Silver Glitter Barely There Stiletto Heel with Slight Platform B07GTBFX3C ParentGabriella - Rose Gold Glitter Barely There Stiletto Heel with Slight Platform B07GT8G13D Parent , 1TO9 Womens Stripes Casual Travel Urethane Pumps Shoes MMS06226 B07GTHS6V8 Parent , BalaMasa Womens Studded Beaded Casual Urethane Pumps Shoes APL10708 B07GT8T25Q ParentEmily Bridal Bridal Pumps Bow Trendy Satin Wedding Heels B07GTH5M9N ParentBalaMasa Womens Studded Dance-Ballroom Sequins Urethane Pumps Shoes APL10714 B07GTQJWCL ParentBalaMasa Womens Charms Toggle Frayed-Seams Urethane Pumps Shoes APL10713 B07GTQH9BZ Parent , BalaMasa Womens Bows Beaded Solid Urethane Pumps Shoes APL10716 B07GTR9PYR Parent , BalaMasa Womens Solid Nubuck Bows Dress Urethane Pumps Shoes APL10715 B07GTQSWTB ParentBalaMasa Womens Dance-Ballroom Solid Dress Urethane Pumps Shoes APL10720 B07GTRJFVL Parent , BalaMasa Womens Structured Nubuck Casual Urethane Pumps Shoes APL10717 B07GTRDGF8 ParentAdeeSu Womens Buckle Solid Outdoor Leather Pumps Shoes SDC05724 B07GTTK66D ParentAdeeSu Womens Assorted Colors Dance-Ballroom Bows Urethane Pumps Shoes SDC05708 B07GTSVG2K ParentAdeeSu Womens Dress Solid Structured Urethane Pumps Shoes SDC05737 B07GTVVRZX ParentAdeeSu Womens Solid Toggle Charms Urethane Pumps Shoes SDC05734 B07GTRQZCV ParentBalaMasa Womens Dance-Ballroom Bows Travel Urethane Pumps Shoes APL10737 B07GV6PS2G ParentBalaMasa Womens Charms Bows Solid Urethane Pumps Shoes APL10735 B07GV7Z9N4 Parent , BalaMasa Womens Studded Charms Casual Urethane Pumps Shoes APL10738 B07GV71W5Y Parent , BalaMasa Womens Solid Pumps-Shoes Structured Urethane Pumps Shoes APL10734 B07GV712N1 Parent1TO9 Womens Studded Travel Structured Urethane Pumps Shoes MMS06231 B07GV79GNR ParentBalaMasa Womens Solid Platform Structured Urethane Pumps Shoes APL10736 B07GV63ZBQ Parent , CuteFlats Women Synthetic Fur Court Shoes B07GV93H3F Parent , CuteFlats Women Synthetic Fur Fall Court Shoes B07GV9GSKX ParentCuteFlats Women Autumn Court Shoes B07GV9H922 Parent1TO9 Womens Toggle Structured Urethane Pumps Shoes MMS06233 B07GV73LPX 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 Chuck Taylor AS Speciality Parent B00W87AR0Q , Tretorn Women's Nyliteplus Sneaker, Vintage White/Neon Fuschia, 5 B(M) US Parent B074QW9J1BNIKE Unisex Adults' Mercurial Vapor X 12 Club Ic Ah7385 107 Football Boots Parent B07D7L6QDK , KPHY Women'S Shoes/Summer Casual Shoes Casual Shoes Flat Bottomed Breathable Women'S Shoes.white 40 Parent B07FNB56KC , Camper Women's 8432561401866 Trainers Red Burgundy 7 UK Parent B07G2PCR12Bart671Lu Women's Casual Sandal Slippers Football On Grasses Sandals Shower Slides Indoor Slip On Slides Sandals... B07DHF284S Parent , GAOLIXIA Womens Ladies Genuine Leather Loafers Peas Shoes Flat Buckle Fashion Shoes Work Casual Shoes B07DPMQJYS Parent , Mizuno Women’s Wave Prophecy 5 Running Shoes B01FZRDHVG ParentBovake Summer Women Sandals, | Plush Shoes Pointed Pumps Shoes | Beach Shoes Bohemia High Heels Ankle Shoes Flat... B0798PZKM4 ParentFCXBQ Women's High Heels/Cowboy Boots/Spring And Autumn/Thigh Boots/Waterproof Platform/Fine High Heel/Elastic... B07GRSTLW9 Parent , Calvin Klein Women’s Monika Leopard Pump B073H6K8FX Parent , Birkenstock Stowe, Women’s Biker Boots B06XRYPNM4 Parent , Dolce Vita Women's Landon Ankle Bootie B01H11D99Y ParentMelady Fashion Martin Booties Zipper B07G6NCGKM ParentBalaMasa Womens Kitten-Heel Zipper Solid Round-Toe Urethane Boots ABL09670 B0779G27WT ParentGRRONG Women's Real Cow Soft Leather Boots With Martin Boots B077D97823 ParentOffice Mamacita Closed Toe Espadrilles B07BDDMH86 ParentAimint Womens Square Heels Assorted Colors Pink Imitated Suede Pumps Shoes ERR00074-3.5 UK B07HFR7K57 ParentMINITOO Ladies MA04124 Round Toe Platform Multicolored Leather Sparkle Bride Wedding Evening Pumps 8 UK B01A8EA958 Parent , HCBYJ High heels Women's 5.5CM high heel wedding bridal shoes ladies high heels medium high heels ladies B07H3T8Y6W ParentAllhqfashion Women's No-Heel Solid Pull-On Soft Material Round Closed Toe Flats Shoes B06XR91F59 Parent , Odomolor Women's Low-Heels PU Solid Pull-On Round-Toe Pumps-Shoes, Black, 31 B07BBF4DZF Parent , Mr/Ms Birkenstock Unisex Arizona Sandals B000XW4UNS Parent Aesthetic appearance Excellent performance King of the crowd , Clarks Brooklyn Sky Gore-Tex Leather Boots in Black B07G4762NV Parent , Women's Ladies Mule Block Heels Bow Pointed Toe Sandals Size Slip-On Dorsay Summer Casual Flip Flop Shoes B07DLVDV1C ParentXIE Ladies Slope Heel Sandals Hemp Rope Straw Weaving Cross Straps Thick Bottom Leisure Roman High Heel Sandals B07BVQZRKF ParentDebut Womens Silver Glitter High Stiletto Heel Ankle Strap Sandals 8 B01G9HS4UK Parent , AllhqFashion Women's Buckle High-Heels PU Two-toned Peep Toe Sandals B01G87IUXW Parent , Ms. Summer New Sandals Clamp Toe Herringbone Flats Womens T-Straps Roman Shoes Large Size For Travel B07CLND8BF ParentJeffrey Campbell Virgo, Women’s High Heels B01MZBK6EV Parent ,
Subscribe to Russell Investments blog

BalaMasa Womens Solid Platform Platform Beaded Solid Urethane Pumps Shoes APL10682 29372 B07GSDWY4Y Parent 6b27894 -

  • 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.