wetkiss Fashion PVC Shoes Woman Ankle Boots Transparent Patent Leather Boot Women Thick Heels Shoes B07H8FT8SW Parent
KOKQSX-Thick heel high heel 7CM short boots retro Ma Dingxue B07H8FVNPN Parent , KOKQSX-Autumn and winter boots super 11CM waterproof platform side zipper joker thin heel. B07H8FZXBZ ParentKOKQSX-Thick heel short boots medium heel 5CM Martin boots frosted leather boots. B07H8GCJHX Parent
KOKQSX-It will increase inside autumn and winter high heel 7CM Martin boots muffin bottom cotton and thick bottom. B07H8GK6Q4 Parent , Comfort Plus Women's Black Leather Volvic Zip Up Ankle Boots B07H8GKM54 Parent
KOKQSX-Autumn and winter tie Martin boots flat bottom short boots frosted flat heel leisure increased inside. B07H8H13TY Parent , Shiney Women's Autumn And Winter Super High Heel Thick Heel Over Knee Boots Stretch Slimming Boots B07H8H6ZXX Parent , KOKQSX-Fine heel short boots pointed head middle and 4CM deep mouth female Ma Dingxue. B07H8H7F4Q Parent , KOKQSX-Autumn and winter Martin boots frenulum middle tube thick bottom back zipper low heel 3CM B07H8HJ95W Parent , Shiney Women's Short Boots New Front Zipper Inner Mesh Stiletto Heels Boots Autumn Winter B07H8JBH3D Parent , Shiney Women'S Winter Thick Heel Over Knee Boots Plus Velvet B07H8JDQCQ ParentJushee Womens Jujudge 5 cm mid-Heel Ankle Zipper Suede Boots B07H8JL99C Parent
Ikrush Womens Shia Studded Thigh High Boots B07H8KNMB9 Parent , Claudia Ghizzani Women's Boots Knee High Tall Suede B07H8KW3JD Parent , SHANLY Ladies 7cm Chunky High Heeled Ankle Boots Faux Leather Martin Boot Round Toe Short Boots With Fleece Lined B07H925XM1 Parent , XIE Winter flat leather water flat with Ms. President leisure comfortable snow boots B07H8T6XMJ ParentWomens Ankle Boot Low Heel Platform Ladies Casual Faux Suede Boot B07H95CPL1 Parent
YR-R Ladies PU Leather Long Boots Heighten Over The Knee Boots For The Banquet Women's Boots Large Size 34-47 B07H9637KM Parent , XIE Winter new women's low-tube flat-heeled sleeve snow boots warm boots B07H8W8KVQ Parent , Womens Elegant PU Leather Ankle Boot Ladies Stretch Platform Mid Heel Martin Boot B07H953RRP Parent , SISHUINIANHUA Ms. rain boots/non-slip wear-resistant overshoes/rubber PVC water boots/ladies in the high boots... B07H8YVY1R ParentSHANLY Ladies Rivet Short Boot Vintage PU Leather Side Zip Ankle Boots Fashion Fleece Lined Martin Boot Black... B07H92ZFK7 Parent
SHANLY Women Side Zip Ankle Boots Chunky High Heels PU Leather Black Short Boot Vintage Warm Fleece Lined Martin... B07H92JYGG Parent , Ladies Suede Chelsea Boots Slip On Chunky High Heels Short Boot 10cm Heel Ankle Boot With Fleece Lined B07H92V3ZT Parent , Womens PU Leather Boots High Heel Party Block Heel Casual Ankle Boot B07H94Z19N Parent , YXLONG Boots Children's Autumn And Winter New Pointed Boots Women's Thick With Short Tube Ladies Single Boots... B07H93QMQ6 Parent
GONGYU Rain Boots Female Tube Martin Boots Short Tube Waterproof Shoes Non-Slip Fashion Rain Boots B07H96HVBF Parent , Ladies Flat Ankle Boot Low Heel Zip Womens Winter Casual Evening PU Leather Boots B07H94SKLW 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.