Women's sandals, buckles, high heels, antique sandals, sandals, large sandals. B07FJN17ST Parent , Easemax Women's Basic Mid Chunky Heel Open Toe Ankle Strap Faux Suede Sandals B07FJN13GC Parent
FISACE Womens Cutout Chunky Stacked Heels Ankle Booties Zip up Heeled Sandals B07FJNLCHH Parent , Rongzhi Womens Platform High Heels Cross Ankle Strap Heeled Sandals Block Heels Party Dress Peep Toe B07FJP74SN Parent
Mo Joc Women Sandals with Chunky Heel and Pointed Toe B07FJP2ZZZ Parent , Mo Joc Women Sandals with Chunky Heel and Pointed Toe and Large B07FJP3V5B Parent , GIRLIE Elegant Bow Side Slingback Mule Sandal Low Heel Patent Leather B07FJMT83K Parent , Mo Joc Sandals with Bling Chunky Heel and 6-Colors Party Shoes with Large B07FJPQNN9 ParentWomen Fish Mouth Flat Belt Buckle Sandals Breathable Hollow Rhinestone Roman Sandals B07FL3QJYD Parent
huateng Women's Sandals Elegant Exquisite Platform Wedge Sandals Sexy Open Toe Sandals High Heels Bohemian Weave B07FJR25PD Parent , Sandals Summer Ladies Platform Mules Wedges Leisure Muffin Leather Soft High Heel Slippers,White,37 B07FJN3HQQ ParentLINYI Womens Ladies High Heel Pointed Toe Sandals Suede Stiletto Heels B07FJW47B6 Parent
Mo Joc Bling Sandals with Chunky Heel and Large B07FJP3114 Parent , Slippers Women's Summer Fashion Beach Slip Wedges Thick Sandals (Size : Feet length 230) B07FK8DL2G Parent , 1TO9 Womens Wedges Platform Metal Buckles Urethane Platforms Sandals MJS02551 B07FJR1N3H Parent , Ladies sandals, diamond, sandals, sexy high heels, sandals, fashionable hollow buttons, sandals. B07FKFSBJV ParentLINYI Women's New Chunky Heel Sandals Velvet High Heels Round Head Casual Chunky Heel B07FJNQXLR Parent
Ladies sandals, waterproof tables, sandals, fashionable sandals, sandals, high heels and sandals. B07FKGVZV8 Parent , Ladies sandals, sandals, sandals, fashion tips, sandals, sandals, ladies, high heels and sandals. B07FKBL117 Parent , Women's sandals, hollowed sandals, fashion toe, rough sandals, high heeled sandals. B07FKHQBYP Parent
Women's sandals are simple and rough with sandals, high heels and waterproof sandals. B07FKJWGVL Parent , Women's sandals, waterproof tables, sandals, fashionable fish mouths, sandals, sandals, sexy bride's sandals. B07FKK2SGY Parent
Ladies sandals sexy high heel sandals, ladies' hollow sandals B07FKGWSXD Parent , Women's sandals fashion sharp, rough sandals, sandals, high heels and sandals. B07FKK7M6S Parent
1TO9 Womens AssortedColor Wedges Platform Elastic Fabric Platforms Sandals MJS02950 B07FKZCMVN Parent , Ladies sandals waterproof table sandals sexy super high heel fish mouth sandals hollowed sandals B07FKKZMRJ Parent , Women's sandals, fringed women's sandals, sexy high heels and sandals. B07FKKZMR2 Parent
LINYI Womens Ladies High Heel Artificial PU Pattern Cross Straps Chunky Heel Sandals Dinner Party Wedding B07FKS9J9W Parent , Ladies sandals, zippers, sandals, sexy high heels, sandals, hollowed sandals. B07FKK2W9N 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.