Russell Investments Blog Diamond Thick B0747TP1Q2 Sandals Female nhta-30295 Summer Sandals B0747TP1Q2 Parent 4b5150b - Connect
Diamond Thick B0747TP1Q2 Sandals Female nhta-30295 Summer Sandals B0747TP1Q2 Parent 4b5150b -

Diamond Thick B0747TP1Q2 Sandals Female nhta-30295 Summer Sandals B0747TP1Q2 Parent 4b5150b -

  • 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
Gaudi V83-65872 Wedge Sandals Women B0749VNWQZ ParentDIESEL Women's Plaja Splish W Flip Flop B0749VXL8R Parent , Diesel Women’s A-Lohaa Sa-Maral W Slide Sandal B0749WP4L8 Parent , Blowfish Women’'s Barria Slide Sandal B074CMDZZB Parent , Camper Sandals Kids K800163-001 RED B074B1CQSB Parent , Men's/Women's Beacon Tammy Women's Pump B074CMJDMZ Parent Moderate price Optimal price Breathable shoesINC International Concepts Tylieep Women Leather Brown Over The Knee Boot B074F486F8 Parent , Soft Style Women's Patrese Sandal B074G3H7PH Parent , Hush Puppies Soft Style Women's Oralee Wedge Sandal B074FGPM2L ParentVery Volatile Women’s Milan Fisherman Sandal B074H1GKHS ParentBCBGeneration Carmen Lasercut Mule, Fatigue B074G5RD82 Parent , Very Volatile Women's Beaux Heeled Sandal B074H25M1B Parent , Very Volatile Women’s Jukebox Wedge Sandal B074H22HPK Parent , Gentleman/Lady Sbicca Women’s Logan Sandal B074HGNSY4 Parent New market Impeccable Fashion dynamic , Volatile Women’s Spindle Wedge Sandal B074H4BYGT ParentMan/Woman Sbicca Womens Almonte Almonte B074HJ3MJN Parent Elegant shape In short supply Valuable boutique , Sbicca Women’s Panorama Heeled Sandal B074HH3QQ8 Parent , LA AUTENTICA Bio Sandals – Slippers – Women – Suede - 40 EU/6.5 UK B074J8QPXS Parent , Bio Sandals – Slippers – Women - Suede - 41 B074J6X6G7 Parent , Loeffler Randall Women’s Iris (Ivory Stitched Fabric) Flat Sandal B074JMZSJJ Parent , Man/Woman LA AUTENTICA Women’s Ankle B074J98Z3Y Parent Practical and economical At a lower price Current shapeMysore Sandal Soap - 125gm by Pure Price (24 Soap) B074K8C1QB ParentNew Balance Women’s Traverse Leather Sandal, Black B074JQ26F9 ParentCLARKS Women's Lexi Marigold Q, Light Grey Snake Print, 8.5 Wide B074KGKH3Y ParentCLARKS Women's Lexi Marigold Q, Light Grey Snake Print, 6 Wide B074KHRV73 Parent , CLARKS Women's Lexi Marigold Q, Light Grey Snake Print, 8 Wide B074KHZRZX Parent , David Tate Bubbly Women's Sandal B074KHZ53S Parent , CLARKS Women's Lexi Marigold Q, Light Grey Snake Print, 8.5 XW B074KK8YSW ParentCLARKS Women's Lexi Marigold Q, Light Grey Snake Print, 8 XW B074KJ3ZG5 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: , , , , WXMDDN Women's Latin Dance shoes blue gold dance shoes 7cm outdoor dance shoes soft soles dance shoes Four Seasons Parent B078C88L5V , Kenneth Cole Women’'s Kam Low-Top Sneakers Parent B01LAK6RKKVolatile Women's CAS Wedge Sandal Parent B00X4C7KGIBalaMasa Womens Assorted Colors Running-Shoes Travel Urethane Walking Shoes APL10471 Parent B07G6Z3DV6Gabor Shoes Comfort, Women’s Low-Top Sneakers, Brown (Walnut Kristall), 3 UK (36 EU) Parent B01M7TL50D , Lotus White Hizon Velcro Trainers Relife 41 Parent B079NQ4D1K , Sperry Women's Crest Vibe Crepe Chambray Sneaker, Salmon, 6 Medium US Parent B072QZFBH6Tommy Hilfiger Women’s S1285uzie Hg 2a1 Low-Top Sneakers Parent B071J8SRRH , 'W & DX LightWeight Shoes Brightly Coloured Drawers Low Leisure Lovers of 10.5 B07BH39CM6 Parent , MEPHISTO ADELIE A127RX7 Womens Sandal B01E90QGEK Parent , Keen M San Antonio - 1018647 B0741HL1Q8 Parent , Dexter Women's SST The 9 Bowling Shoes, White/Purple, Size 11 B07BYJ5ZGN ParentMarco Tozzi Womens Leather Boots Brown Dark Brown B011HJ9TPE Parent , G.H. Bass Women’s Nadine Chukka Boot B06Y1PNC6C ParentClarks Adya Bella Suede Boots in Black B072N5CRJ8 Parent , Gabor 92.705 Womens Brown Leather Booties, 3.5 UK B07H9J5NK5 ParentGeox Donna Mendi Stivali P, Women’s Ankle Riding Boots B00IP8B6Y8 Parent , VulusValas Women Fashion Party Boots Zipper B07FVPXJLZ Parent , MisaKinsa Women Classical Autumn Winter Flat Shoes Mid High Western Boots B07GNCNQPY Parent , AdeeSu Womens Pumps-Shoes Closed-Toe Buckle Ankle-Wrap Kitten-Heel Cold Lining Nubuck Outdoor Huarache Urethane... B07DM5G9N1 Parent , SILVIA ROSSINI Women's Court Shoes B071NJBSKR ParentMan's/Woman's rieker 7468900/00 Womens Boot B00K72EO8U Parent Beautiful design Modern design Outstanding style , Onewus Court Shoes With 8-Colors and Plus Size Available Business Shoes With Kitten Heel B078VFJLFL Parent , Lazutom Women's Chinese Style Embroidery Vintage Casual Walking Cheongsam Party Dress Heels Shoes B07GJQPVKN ParentTAOFFEN Women's Office Kitten Heel Pumps Shoes B07C8R9ZGQ ParentAnchengKAO Women's Casual Fashion Sandals Word Buckle High Heels (Color : Beige, Size : 4.5 UK) B07FYGW3XG Parent , 1TO9 Womens Cold Lining Non-Marking Oversized Urethane Sandals MJS03272 B07FHYRKF2 ParentAIYOUMEI Women’s Fashion Sandals Red Size: 9 B07D56P5M5 ParentCOOLWAY Samba, Women’s Flat Platform B01N4NELLG ParentAimint Womens Fringed Solid Casual Urethane Slides Sandals EYR00356 B07H2SHRV3 Parent ,
Subscribe to Russell Investments blog

Diamond Thick B0747TP1Q2 Sandals Female nhta-30295 Summer Sandals B0747TP1Q2 Parent 4b5150b -

  • 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.