KOKQSX-Sandals,sexy,fine heel,women's shoes,buckle,leather,high heel 6CM sandals,Thirty-eight,black B07GQVW33L ParentKMJBS-Summer Couple Sandals Fashion Beach Shoes Antiskid Clip Toe Casual Shoes.Coffee Forty-Three B07GR2XG2P Parent
KMJBS-Summer Couple Sandals Fashion Beach Shoes Antiskid Clip Toe Casual Shoes.Coffee Thirty-Eight B07GR3CDQG Parent , Wagsiyi Glitter sandals Summer Shoes Leather Women Sandals Bohemia Comfort Non-slip Soft Bottom Flat Women Slippers... B07GV9R6XK ParentWagsiyi Glitter sandals Summer Women Sandals Low-heeled Flat Shoes Beach Slippers With Flowers Bohemian Casual... B07GVBV73C Parent
Wagsiyi Glitter sandals Women Spring Summer Flat Sandals Women's Roman Shoes Beach Slippers Platform wedge sandals... B07GVBZXRV Parent , Glitter sandals Sandals Sweet Girl Boho Flowers Rhinestones Open Toe Walking Vacation Beach Shoes Platform wedge... B07GVC28BP ParentGlitter sandals Women's Flat Sandals Summer Clip Toe Slippers Thong Sandals Wedge Toe T-walking Holiday Shoes... B07GVCR1GS ParentZCW Casual Versatile Shoes，Flat Leather Flat Sandals Women,Colour Matching Girl Students Sandals B07H2YG17Y Parent
FLYRCX Leather hollow soft bottom comfortable breathable flat shoes sandals ladies work shoes B07GVFMCS6 Parent , ZCW Casual Versatile Shoes，Student Womens Wedge National Wind Casual Womens Shoes,Thick-Soled Sandals B07H2WFC35 Parent
Fuxitoggo Hollow out Sandals Women Hook Loop Strap Peep Toe Vintage Leather Shoes (Color : Brown, Size : UK 6.5) B07GYZVC9B Parent , HYW Shoes-Spring and Summer Rough with Women 'S Sandals High Heel Fish Head Shoes Rhinestones Solid Color Fashion... B07H5JDGLX Parent
LINAN Women's Chunky Heel Ankle Strap Sandals Casual High Heel Sandals With Thick Leather Shoes (Color : Blue,... B07H1FFVGH Parent , CYMIU Shallow Mouth Pointed Toe Women'S Singles Fine High Heels Fashion Shoes Dress Spring And Summer B07H72FZ38 ParentMamrar Women Pump Pointed Toe Net Yarn Sandals 11Cm Stiletto D'orsay X-Straps Dress Shoes Roma Shoes Eu Size 35-40 B07H2WC4QY Parent
WEIYIDQ High-Heeled Shoes Comfortable Slope Comfortable Soft Bottom Slope And Thick Bottom Ladies Sandals. B07H2F3CGB Parent , Yukun High heels Autumn Nude Color Side Waterproof Platform Pointed Stiletto Shoes Patent Leather 12Cm Super High... B07HFDC4QP Parent , CYMIU Women'S Singles Shoes Fine High Heels Chain Butterfly Pearl Party Prom Wedding Shoes B07H72RCKR Parent
CYMIU Square Head Flat Women'S Shoes Half Slippers Summer Fashion Sandals 2018 New Swan Silk Embroidery B07H72JJDN Parent , AIMENGA Shoes Large Size Women'S Shoes Autumn New Metal Buckle Baotou Half Drag Flat Sandals And Slippers Large... B07H98N13P Parent , Yukun High heels Silver Dress High Heels 10Cm Stiletto Pointed Fairy Shoes Princess Shallow Breath Temperament... B07HJ8DM6Y Parent , Fuxitoggo Hook Loop Strap Sandals Women White Wedge Heel Hollow Shoes for Summer (Color : White, Size : UK 2.5) B07H18WS62 Parent , Yiwuhu Vacation Shoes Beach Rivets Rhinestone Sandals Outdoor Word Cool Slippers Breathable (Color : White, Size... B07HCZFKK3 Parent , Women's Sandals Bohemian Sandals Flowers Rhinestones Anti-skid Black Beach Flat Shoes (Color : Gold, Size : 4.5... B07H7JQ41F Parent , CYMIU Classic Rhinestone Color Film Fine High-Heeled Sandals Open Toe Banquet Shoes Women'S Non-Slip Dress Shoes... B07H72RCKW Parent , Wagsiyi Glitter sandals Summer Sandals Sweet Girl Slippers Bohemia Flowers Flat Shoes Pink Sandals Platform wedge... B07GVD16ZX Parent
Yiwuhu Pu Anti-slip Wear Flat Bottom Bow Word Slippers Sandals Wild Lazy Shoes Breathable (Color : White, Size... B07HCZ9Y3N Parent , Yiwuhu Ms. Flat With Beach Shoes Rhinestone Toe Slippers Breathable (Color : Apricot, Size : 5 UK) B07HCZDR23 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.