Russell Investments Blog adidas Women’s Silver Pureboost Xpose Fitness nhta-30014 30014 Shoes, Silver B073M4M22G Parent 5fb266a - Connect
adidas Women’s Silver Pureboost Xpose Fitness nhta-30014 30014 Shoes, Silver B073M4M22G Parent 5fb266a -

adidas Women’s Silver Pureboost Xpose Fitness nhta-30014 30014 Shoes, Silver B073M4M22G Parent 5fb266a -

  • 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
adidas Galaxy 2, Women's Running Shoes B018V92MIO Parent , New Balance Fresh Foam Zante, Women's Running Shoes B00KQ32V44 ParentSalomon X-Tour Women's Trail Running Shoes B00D3QEOU0 ParentNIKE Women’s WMNS Lunarepic Flyknit Running Shoes B01HZPMYOW ParentSkechers Women’s Go Run Forza 2019 Multisport Outdoor Shoes B06XRLWW51 ParentNike Women’s 859522-100 Fitness Shoes B01M7P9RQ6 ParentConverse Women’s Chuck Taylor CTAS Hi Textile Fitness Shoes B073C7FBM8 ParentSalomon Women's Comet 3D Lady GTX Boot B008JFDG18 Parent , adidas Women’s Energy Boost Competition Running Shoes B072JG17JY ParentSalomon X Ultra Prime W, Women’s Nordic Walking Shoes B00KWK5KLW ParentSalomon Sense Propulse Women's Running Shoes B00PRNN30O ParentMizuno Wave Lighting Z3 Womens Volleyball Shoes, Women’s Volleyball Shoe B01LRC4MO4 Parentadidas Women’s Cf Daily Qt Mid W Fitness Shoes B072R3DFGV ParentPuma Women’s Descendant V4 Running Shoes B01DKK4KUM ParentSaucony Women’s Guide 9 Running Shoes B01E5XJ6AW ParentASICS T774N Women's Gel-Sonoma 3 Running Shoe, Black/Dark Grey - 6 B(M) US B077NFFSZ8 ParentRyka Women’s Devo Plus 2 Walking Shoe, Parent, US B01A62V9NI ParentSalomon, Women's X-Scream 3D Training Running Shoes B00ZLN822E ParentNike Women’s 849804-800 Fitness Shoes B01DL10U1S ParentNike Women’s Wmns Air Zoom Odyssey Running Shoes B019SPMYVA Parent , New Balance Women’s W530v2 Running Shoes B01LYXK7T9 Parent , Merrell All Out Blaze, Women’s Track & Field Shoes B00KZITD3W ParentNIKE Womens Air Max Thea Mesh Trainers B007QTBQI8 ParentNIKE Unisex Adults' Superfly 6 Academy Sg-Pro Footbal Shoes B07DCHXYYY ParentNike Women’s Flex Essential Tr Fitness Shoes, Black B0789TLKGB ParentNIKE Free Tr 5 Flyknit, Women’s Running Shoes B017JNKOHE Parent , ECCO Women O2 GTX-W Cross B0163GJ0DM Parent , Ariat Skyline Womens Slip-On Boot - Taupe B01L91OP9K Parentadidas Women’s I-5923 W Fitness Shoes B079L71KJG 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: , , , , Skechers Sport Women's Women's Gratis-No Limits Fashion Sneaker, Black Parent B014EY2CPSPUMA Women's Basket Heart Scallop Sneaker Winsome Orchid, 9 M US Parent B077ST6CTJ , Reebok Women’s Cn0971 Fitness Shoes Parent B077TWK682ZHZNVX Women's Shoes PU(Polyurethane) Fall Comfort Sneakers Flat Heel Closed Toe White/Black / Red Parent B07H1FN7GKZHZNVX Women's Shoes PU(Polyurethane) Spring/Fall Light Soles Athletic Shoes Walking Shoes Flat Heel Round Toe... Parent B07GZS6VB3FLYRCX Spring and autumn fashionfashionable personalityshallowly sexysingle shoessingle shoesfine heel and party... B0795ZTT49 Parent , Saucony Womens Kilkenny XC Mesh Athletic Running, Cross Training Shoes B00QHUVGO6 Parent , NIKE Lady Zoom Vomero + 4 Running Shoes B002DPLUUY Parent , NIKE Free TR III Ladies Training Shoes B00F1N0VWS ParentMen/Women Meindl 3897 032 B072BKZN1X Parent wholesale Fine art Outstanding styleNIKE W Roshe One Womens 844994-601 B076THLNPJ Parent , Fila Women's Luminous Hiking Boot B01077PACS Parent , Clarks - Womens Tamitha Key Low Boot, Size: 9.5 B(M) US, Color: Olive B0776CZL93 ParentTamaris Women’s 25056-21 Chelsea Boots B07DK2Z9DW ParentCOOLCEPT Women Simple Boots Zipper B077JWV6TG ParentBeiaMina Women Fashion Martin Boots Heels with Platform B07HFW4ZMR Parent , MARCO TOZZI premio Women’s 25440 Ankle Boots B01FWGTJBM ParentRain Boots LHA Spring and Summer Matte Rubber Boots Fashion Waterproof Rubber Boots Adult Slip Water Shoes in... B07FH875LF ParentWedding Bridal Shoes Women's Rhinestones Ankle Strap White Dress High Heel Platform Evening Spring Ladies Pumps... B07B4DRMSH Parent , CLLCR Women'S Shoes - Europe And America Autumn And Winter High-Heeled Short Tube/Martin Boots/Belt Buckle Pointed... B07HNZCQ4W ParentMINITOO GYMZ700 Womens Slip-on Ivory Satin Evening Party Prom Bridal Wedding Shoes Pumps Sandals Flatfs UK 3 B074S3C6K2 ParentOdomolor Women's Solid PU Low-Heels Round-Toe Pull-On Pumps-Shoes, Black, 37 B07BBNHCS9 Parent , GRACE SHOES 1120NNF Decolletè Women B01D2ZPEY6 ParentZHZNVX Women's Shoes PU Spring,Summer Ankle Strap/,Two-Piece Sandals Stiletto Heel Open Toe Buckle for Office,... B07D5GD263 ParentQIDI Sandals Summer Female Pink Open Toe Mid Heel Single Shoes (Size : EU39/UK6) B07CBTHD7J ParentClarks Myles Street Leather Trainers in Burgundy B07FB9CFWX Parent , YUCH Zipper High Heel Shoes After Cross Bandage of Female Cool Boots B07DLBP4QS Parent , UNIONBAY Women's Lindy Caged Laser Cutout Crystal Rhinestone Thong Flat Sandal (7 B(M) US, Black) B079YYVDFK Parent , JOJONUNU Women Open Toe Stiletto Sandals B07CVJG9Z8 ParentLadies' sandals, water drill, sandals, sandals, large yards of sandals,gules,Forty-two B07F6CFSTR Parent
Subscribe to Russell Investments blog

adidas Women’s Silver Pureboost Xpose Fitness nhta-30014 30014 Shoes, Silver B073M4M22G Parent 5fb266a -

  • 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.