GENNIA Lebil Cabri Pink - Women Outlet, Made of Leather, Type of Heel Wedge Heel of 2 cm, Size 1-10 B07FSMP9QM Parent , GENNIA India Naxos Blue White - Women Sandals, Made of Leather, Type of Heel Block Heel of 6 cm, Size 1-10 B07FSMS8GN Parent , NVXIE Women's Ladies Party Handmade Diamante Evening Wedding Bridal Prom Strappy Mid Heel Sandals B07FSPCSF4 ParentAnchengKAO All-match High-heeled Hollow Buckle Strap Sandals Open Toe (Color : Blue, Size : 5.5 UK) B07FYGS7Z4 ParentAnchengKAO After The Sandals Shallow Mouth High Heels Female Pointed Bow (Color : Black, Size : 4 UK) B07FYH5QSJ Parent
JIANXIN sandals Female Flat Sandals Rhinestone floral ornament Pinch summer Comfort and leisure Blue and silver... B07FYZQ3Z9 Parent , JIANXIN Sandals Female Flat Sandals T-belt Pinch Summer Comfort And Leisure Black And Gray And Color 35-40 Yards... B07FZ2CJKH Parent
JIANXIN Sandals Female Flat Sandals Cross Suede Roman Bandages Black And Pink Summer Casual And Simple 35-39 Yards... B07FZ2D1FR Parent , JIANXIN Sandals Female Flat Sandals Delicate Suede Adjustable Word Buckle Black And Brown Summer Casual 35-38... B07FZ2KT53 Parent , JIANXIN Sandals Female Flat Slippers Suede Square Head Ring Metal Buckle Summer Casual And Comfortable One-piece... B07FZ2GGV8 Parent , JIANXIN Sandals Female Flat Sandals Yingrun Pearl Adjustable Buckle Casual And Comfortable Black And Brown One-button... B07FZ366J9 Parent
JIANXIN Sandals Female Flat Slippers Square Head Fine Drill Metal Ring Reinforcing Suture Casual Slipper Summer... B07FZ2PBZK Parent , JIANXIN Sandals Female Flat Slippers Square Head Design Two Ways To Wear Casual Slipper Summer Pink And White... B07FZ3CN54 Parent
JIANXIN Sandals Female Flat Slippers Square Head Bow Upper Massage Pad Casual Slipper Summer Yellow 35-39 Yards... B07FZ3KL24 Parent , JIANXIN Sandals Female Flat Sandals Black And Green Summer Folded Upper One-button Buckle Casual And Comfortable... B07FZ3NZ46 Parent , JIANXIN Sandals Female Flat Slippers Harajuku Style Folded Upper Waterproof Platform Casual Slipper Summer Black... B07FZ3QRFR Parent
JIANXIN Sandals Female Flat Slippers Color Mesh Summer Non-slip One-piece Sandals Fashion Casual 35-38 Yards (... B07FZ3R26F Parent , JIANXIN Sandals Female Flat Sandals Mark Stitches Bright Diamond Decoration Casual And Comfortable Black And White... B07FZ3T7RF Parent , JIANXIN Sandals Female Flat Slippers Square Metal Buckle Zipper Trim Slipper Black And White Summer 35-39 Yards... B07FZ3ZCFT Parent , JIANXIN Sandals Female Flat Slippers Plush Soft Bottom Casual Slipper Light And Comfortable 35-39 Yards (Color... B07FZ437NM Parent , JIANXIN Sandals Female Flat Slippers Sardinia Bow Tie Casual Slipper Comfortable Summer Black And Pink 35-39 Yards... B07FZ463QB Parent
JIANXIN Sandals Female Flat Slippers Simple And Fine Two Ways To Wear Solid Color Chain Casual Slipper Summer... B07FZ55YVY Parent , YMFIE European summer transparent fashion sexy temperament color diamond color matching print toe high heel sandals... B07FZ5D3CM Parent
YMFIE Summer fashion beaded stiletto sexy open toe high heel sandals ladies high heels B07FZ5VRJK Parent , YMFIE European style simple fashion black rhinestones open toe high heel sandals suede high heels B07FZ5X5MF ParentYMFIE Summer fashion simple studded open toe high heel sandals ladies sexy comfort party banquet high heels B07FZ6Q4WW Parent
Gentlemen/Ladies Pleaser ADORE-709-2G B07FZD1WXZ Parent Consumer first discount Rich on-time delivery , YMFIE European summer fashion temperament comfortable color diamond high heel sandals ladies sandals and slippers B07FZ6Q4X8 Parent , JIANXIN Female Summer Sandals Outerwear Fashion Outdoor Slipper Square Head Medium Thick Heel (Color : PINK, Size... B07FZW6LV4 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.