ZQ@QXChristmas gift Our code is fine with the thigh boots belt buckle waterproof high heeled boots B077BZXPJ2 Parent , SHOESHAOGE Women'S Combat Boots Faux Leather Fall & Winter British Boots Chunky Heel Round Toe Booties/Ankle Boots White/Black / Burgundy B07HL6X6VX Parent , KUKI Women's Boots Autumn Wedges Ankle Boots Casual Suede Increased Large Size High Heel Women's Boots Fashion Boots Cotton Boots B07HFB8XHF ParentCafè Noir MFC207273370 E17.273 Taupe 40 Francesina in Laminated Goat B07H6KPJFP ParentKPHY-10Cm High Heel Shoes Autumn And Winter Pointy Heads Martin Boots Wild Women'S Boots.Thirty-Seven Gules B07GXVDWS5 ParentTop Shishang Classic leather retro platform Martin boots women's Chelsea boots and ankle boots B07HD1Z17L ParentSandalette-DEDE British boots with thick boots and short boots, Chelsea boots, women's flat bottomed rough boots and rusted suede boots. B07H7LJJDF Parent
7" thin heel crotch shoes black matt sexy fetish women thigh high boots B01JFL8IOO Parent , RcnryMedium tube boots, round head, flat, thin and thin leisure elastic boots. B07H7ZLKJ5 ParentXIE Women Pointed Rough Heel Side Zipper Mid Heel Short Boots Rivet Belt Buckle Hundred Take Low Boots Short Boots B07CDCN363 ParentKOKQSX-High Heels Boots Wine Glasses Pointed Elastic Boots Thin And Short Boots. B07GNL7ZG8 Parent
LIUShoe Q&Q Women's High Heel Boots Ladies Fine with Pointed Patent Leather Elasticity Knee Boots High Boots Brass Boots B07H6V74X1 Parent , AGECC Winter Cotton Boots Warm Boots Leisure Boots Martin Boots Women'S Cotton Boots. B07HHYJHTT ParentHCBYJ High heels Cotton leather PU ladies over the knee boots high heels women's shoes cover casual shoes autumn and winter boots B07GZRJH5Y Parent
Xianshu Platform Zip Ankle Boots Warm High Heel Shoes B076QBKXPK Parent , HBDLH Women's shoes/Flat Ankle Boots Women'S Shoes Tight Tip Flat Bottomed 2Cm Short Boots Women'S Boots Ma Dingxue B07H2QC77W Parent
KPHY-The British Style Has A Fine Heel With Martin Boots The Sharp Belt Buckle Small Heel Female Boots The Brief Commuter Of The Cat And The Boots B07875VHRC Parent , XDX Women'S Shoes - Autumn And Winter Fashion Thick With Women'S Ankle Boots/Warm Boots/Large Size Women'S Shoes 35-43 B07HMJ33J3 Parent
Array Womens Adele Suede Almond Toe Over Knee Fashion Boots B01KVZZB1G Parent , Women's Flat Heels Thick Bottom Martin Short Ankle Boots B07HCX1K94 Parent , BalaMasa Womens Zipper Ankle-High Studded Urethane Boots ABL10479 B078WBX7MN ParentFCXBQ Women's High Heel Knee Boots Waterproof Platform Round Head Cone Type With Boots Side Zipper Rivet Round Head High Boots B07GZNNBVZ Parent
Men's/Women's Laura Biagiotti - 5164 B07H7M4LCQ Parent Innovative design online shop General product , Bogs Women's Amanda 4-Eye Boot Dark Gray 8 B US B00U138KA8 Parent , NVXIE Women Short Boots Rough High Heel Pointed Toe Artificial PU Belt Buckle Black Green Brown Fall Winter Party Work B07FHYT19M Parent , Women's Round Head Belt Buckle High Heeled Leather Boots Comfort Stacked Chunky Heel Ankle Boots Commuter Booties (Heel Height: 8Cm) WHL.LL B07HP3T7GG Parent
XDGG Women'S Fashion New Ladies 35-43 Large Size Pointed High-Heeled Knee-Length Boots , apricot , 35 B078JVY9V1 Parent , Rain Boots Locomotive Rain Boots Ladies Outdoor High-top Flat Boots Hypoallergenic Rain Boots A+ (Color : Rubber Powder, Size : 36) B07H8T64DM Parent , Top Shishang Thick and round head strap women's Chelsea boots and ankle boots matte retro low heel Martin boots B07HC4M3N2 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.