Russell Investments Blog Calvin B077J4RFMY Klein Parent Women’s Dionay Sandal B077J4RFMY Sandal Parent 47badf0 - Connect
Calvin B077J4RFMY Klein Parent Women’s Dionay Sandal B077J4RFMY Sandal Parent 47badf0 -

Calvin B077J4RFMY Klein Parent Women’s Dionay Sandal B077J4RFMY Sandal Parent 47badf0 -

  • 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
André Assous Women’s Verna Sandal B077KCNJTR ParentAndré Assous Women’s Carmela Espadrille Wedge Sandal B077KDJYQ5 ParentAndre Assous Womens Vivien Vivien B077KFC31N ParentJanet & Janet Women's Fashion Sandals Beige beige B077NK183G ParentGentlemen/Ladies Fergalicious Womens Shimmer B077KJT5X9 Parent New varieties are launched special function Elegant and stable packaging , Gentleman/Lady Tamaris Womens Lauriane 1-1-28387-20 B077NG5M6G Parent Reputation first Upper material Amoy , Kenneth Cole Reaction Women’s Just Braid Toe Ring and Ankle Straps Flat Sandal B077L2HX57 Parent , Giaro Women's Fashion Sandals Gold Gold B077P1DS7N Parent , Inuovo Sandalo Zeppa Borchie Col. Nero - 38 B077MLZ7QJ Parent , André Assous Vivien, Women’s Slide Sandal B077KBZ2MN ParentMen's/Women's Minnetonka Womens Savina B077NFHCMG Parent Elegant appearance Skilled manufacturing have fun , KAANAS Women’s Paraty Hologram Gladiator Flat Sandal B077JJVJPT ParentKenneth Cole Reaction Women’s Jel Ing Flat Thong Sandal With Comfort Footbed Flip-Flop B077L17FL1 ParentJANET & JANET Sandals Woman 7 UK/ 40 EU Beige Dark Leather B077NJQZ44 ParentAerosoles Women’s Lilac Plush Wedge Sandal B077MYDVJL ParentIGI Women’s Dsn 11712 Open Toe Sandals B077NPX2LN ParentGiaro Women's Fashion Sandals Silver Silver B077P2XYHY ParentGentle Souls Women’s Lucille Low Espadrille Wedge Sandal B077NV516Z Parent , Giaro Women's Fashion Sandals Pink skin-coloured B077P2XS1J Parent , Giaro Women's Fashion Sandals Black black B077P3QSX7 Parent , Mephisto Womens Harmony Cuba Black/Gold Dual Strap Sandals B077P4BH2J Parent , Giaro Women's Fashion Sandals Blue blue B077P35J4F Parent , Giaro Women's Fashion Sandals Pink Pink B077P43P7P ParentLiu Jo S16023 P0021 Sandals Women B077PNVY9L Parent , Chinese Laundry Kristin Cavallari Women’s Mikah Espadrille Wedge Sandal B077PBKL8V Parent , Privata Sandals and Slippers for Women, Colour Blue, Brand, Model Sandals and Slippers for Women CX210 Blue B077Q2L7MX ParentCressy Sandals and Slippers for Women, Colour Gold, Brand, Model Sandals and Slippers for Women 50100 Gold B077PYYCVF Parent , Men's/Women's Musella Women's Fashion Sandals B077QFLSLX Parent wholesale Lush design Seasonal promotionJONI Women Dress Sandals, Colour Silver, Brand, Model Women Dress Sandals 08186 Silver B077Q31L7D 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: , , , , Loud Look Womens Ladies Elastic Strap Hessian Espadrilles Platform Shoes Wedge Sandal Size 3-8 B07D3DRF5Y Parent , Man's/Woman's LS-Special Women's Athletic Sandals Parent B004LARGDE durability First batch of customers Different goodsUSB Charge Sneakers - SODIAL(R) USB Charge Seven Color Led Women Sneakers white 37 Parent B01EZGYG18Geox D Tahina B, Women’s Low-Top Sneakers Parent B0792TNL1PSaucony Women’s Hurricane Iso 2 Reflex Running Shoes, US Parent B018F2BUE4 , Wilson Women’s KAOS 2.0 W Tennis Shoes B07CY7DTMM ParentMartino Womens Marsha Leather Closed Toe Ankle Fashion Boots B00NETQ89G Parent , SYYAN Women's winter Europe and the United States leather matte zipper pump ankle boots B01N3KEUXQ Parent , CA SHOTT 14065 Women's Shoes Boots B018PNM9X4 Parent , CAF NOIR LC544 black boots women boots suede boots zip heel studs B0764DZ27L ParentYRU Ladies Shoes New - LASO - Black B07GDTXGSY Parent , AdeeSu Womens Round-Toe Backpacking Microfiber Boots B074ZQGB3W Parent , MUMA Court Shoe Spring Shoes Shallow Mouth Cat With Pointed Fine With Straps Wild Buckle Baotou High Heels (Color... B07CCKCCT8 Parent , Womens Extreme Sexy Shallow Platform Closed Stiletto High Heels Ladies Pointed To Shoes Club Wedding Strappy Pumps... B07CTLB4NL ParentLotus Women's Aspey Open-Toe Heels B073SYQ2HH ParentXue Qiqi The high-heel shoes women with bold black tip and versatile, with a fresh single shoe,40,8CM B07DNBQJ6Y ParentJessica Simpson Women's Cirrus Dress Pump B00NTUBTSA ParentMen's/Women's Renata Platform P/toe Court B01KHY3PB4 Parent Louis, elaborate Upper material General product , Women's Pointed Closed Toe High Heels Waterproof Platform Instep Buckle Stiletto Heel Shoes New Year Wedding Party Single Shoes (Heel Height: 12Cm) B07GR7HQ1R Parent , 1TO9 Girls Heighten Inside Elastic Band Color Matching Thick Bottom Heel Gray Soft Material Pumps-Shoes - 1 UK B06XRPDZR7 ParentKaty Perry Women’s The Kailee Oxford B073F27X46 ParentSemler HEIKE Lady H1265 Sandals/Outdoor Sandals B002ZG7GE0 Parent , Nina Original Women's Sereana Dress Sandal B01MAUM4HC Parent , HGDR Womens Sandals Pearl Beach Shoes Bohemian Thick Non-slip Casual Ladies Roman Sandals B07F2XQMKB ParentMARCO TOZZI Women’'s 28302 Sling Back Sandals B078C79MRT Parent , GRACE SHOES 13208 Wedge Sandals Women B07CTYYTDM Parent , DrBrinkmann 701220 Three-Strap Red Size EU 40 - UK 6.5 B07DQGZHZ1 ParentMelady Women Wedges Heels Sandals Extra Sizes B07FHYZ45J ParentZBeiBei Women's Evening Prom Platform Stiletto High Heels Court Shoes B015RKDUOK Parent , Femaroly Spring and Summer Women Sandals Thick and Pointed Toes High Heels Shoes B07G3L9DGB Parent ,
Subscribe to Russell Investments blog

Calvin B077J4RFMY Klein Parent Women’s Dionay Sandal B077J4RFMY Sandal Parent 47badf0 -

  • 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.