yalanshop Baotou Women Slippers, Bow Tie, Cool Slippers, Rivet Square And Suede. B07DWX66QJ Parent , Slipper Sandals Summer Fine With Muller A Bow And Sandals Daily Work (Size : EU36/UK4/CN36) B07DXTC7ZN Parent , Twinnits Slippers House of Chiropodists beig Color B07DX55HF1 Parent , Betterfelt Hand Felted Wool Slippers for Women - Rubber Sole - Size 6.5 - Blue - Fairtrade Classic Boot B07FC7N1K5 Parent
Man's/Woman's Vagabond Womens Slipper Silver B07DZ4796D Parent Diverse new design The highest quality material Cheap order , Gentlemen/Ladies Finn Comfort Women's Slippers B07F73L3X6 Parent durability First batch of customers Popular recommendationBetterfelt Felted Wool Slippers for Women and Men - Hide or Rubber Sole - Many Sizes - Fairtrade - Jester Boot... B07F1FNRSW Parent
Gentleman/Lady Florett Women's Slippers B07F8X8K1G Parent for you to choose New style German Outlets , AdeeSu Womens Oversized Cold Lining Studded Urethane Platforms Sandals SLC03842 B07F2WV6N6 Parent , LIUXUEPIN New Summer Outer Wear Flat Bottom Port Wind Leather Mid Heel Wil Fish Mouth Square Head Slippers (Color... B07F3YWM41 ParentLESCOLTON T006 Safe Use Razor Hair Removal Painless IPL Home Pulsed Light with LCD Display for Men & Women B07F3W2GGH Parent
Gentlemen/Ladies Donyyyy Slippers And Dragging B07FGVGD28 Parent Louis, elaborate special function Pick up at the boutique , AdeeSu Womens Cold Lining Huarache Non-Marking Urethane Sandals SLC03878 B07F3ZZMNP Parent , AdeeSu Womens Cold Lining Non-Marking Dress Urethane Sandals SLC03902 B07F6T7GHY Parent
AdeeSu Womens Non-Marking Huarache Dress Urethane Sandals SLC03901 B07F66S8FD Parent , yalanshop Fashion Beads Hair Ball Sequins Word Drag Rough Heel And Open-Toed Slippers Women B07F1YRP17 Parent , Rieker Womens Comfort Slipper Pink 4 UK 5 US B07F732KS9 Parent
AdeeSu Womens Waterproof Non-Marking Dress Urethane Sandals SLC03899 B07F643C24 Parent , YUBIN Slipper Female Wear Outside Clip Toe Net Red Sand Drag Fashion Wild Flat Cool Slippers Women (Size : 37) B07F8LDRJK Parent , Betterfelt Felted Wool Slippers for Women and Men - Hide or Rubber Sole - Many Sizes - Fairtrade - Lazy Slipper B07FC6KYWL ParentBetterfelt Felted Wool Slippers for Women - Hide Sole - Size 3.5 UK - Grey - Fairtrade - Lazy Slipper B07FC3VGLP ParentBetterfelt Hand Felted Wool Slippers for Women - Rubber Sole - Size 10 - Blue - Fairtrade Classic Boot B07FC5ZWGS Parent
Betterfelt Hand Felted Wool Slippers for Women - Rubber Sole - Size 8.5 - Blue - Fairtrade Classic Boot B07FC515LJ Parent , Betterfelt Hand Felted Wool Slippers for Women - Rubber Sole - Size 6 - Blue - Fairtrade Classic Boot B07FC6K29D Parent
YUBINtuoxie Slipper Female Wear Outside Fashion Female Slippers Comfortable Soft Bottom Non-slip Flat Sandals... B07FD9FD52 Parent , Betterfelt Hand Felted Wool Slippers for Women - Rubber Sole - Size 5 - Blue - Fairtrade Classic Boot B07FC6M57R Parent , Betterfelt Hand Felted Wool Slippers for Women - Rubber Sole - Size 9.5 - Blue - Fairtrade Classic Boot B07FC62FCM Parent , Betterfelt Hand Felted Wool Slippers for Women and Men - Hide Rubber Sole - Many Colors - Fairtrade Classic Boot B07FC8B9HW Parent
AdeeSu Womens Fringed Cold Lining Bridal Urethane Sandals SLC03857 B07FH7J56R Parent ,
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.