Russell Investments Blog PEDRO MIRALLES Women’s 18576 Women’s Platform MIRALLES Sandals 30296 B077TXGLGG Parent b253064 - Connect
PEDRO MIRALLES Women’s 18576 Women’s Platform MIRALLES Sandals 30296 B077TXGLGG Parent b253064 -

PEDRO MIRALLES Women’s 18576 Women’s Platform MIRALLES Sandals 30296 B077TXGLGG Parent b253064 -

  • 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
Neosens Women’s S628 Restored Skin Carrot/Mulata Open Toe Sandals B076X73YTH ParentUnisa Women’s Marita_ev_ks Open Toe Sandals B076KSC9KB ParentArt Sandals 1252 Mojave VACHETA Leather B07BLWS4LM Parent , Mjus Women’s 809003-0101-0001 Ankle Strap Sandals B076JD8HF6 Parent , Neosens Women’s S980 Restored Skin Wood/Negreda Open Toe Sandals B076X5ZYDH ParentBuffalo Women’s 317-2934 Mirror Pu Ankle Strap Sandals B077PW9J3V Parent , Jonny`s Vegan Women’s Vegetale Open Toe Sandals B0773V48B2 Parent , Tosca Blu Women’s Mimosa Plateau B01N1MMVMV ParentGo Green, Berlin! Women’s Moabit Open Toe Sandals B0777KXKFD ParentMenbur Women’s Alberazzi Ankle Strap Sandals B0773WHFGP Parent , Royal RepubliQ Women’s Wayfarer Sandal - Nude Closed Toe B077ZCC6DY Parent , Petite Mendigote Women’s Nahia Suede Sling Back Sandals B078WHD6MZ Parent , Royal RepubliQ Women’s Wayfarer Mule - Blk Closed Toe Sandals B077ZKSX5J ParentEurope and America Women's Sandals Genuine Leather Plating Thick High Heels Elegant Women's Shoes B07DJB167S ParentLK BENNETT Women’s Tabitha Heeled Sandal B074JQJ6LL ParentPleaser Ado708/C/Sch, Women's Heels Sandals B0050CTWC0 ParentWomen's Shoes 2018 Summer New Full Leather Girls Sandals Casual Open-toe Thick Bottom Buckle With Ladies Flatform... B07CVYV3J5 Parent , Unisa Wafle_vp, Women’s Wedge Heel Platform Sandals B017A7X5JI Parent , Camper Women’s Oruga K200157 Flat Sandal B0746YG5YG Parent , LEXUS Beautiful Ankle Strap Sandal - Adora by B07959T14P ParentCASSIS COTE D'AZUR Women’s Frida Sandals B0787CN483 ParentGARDENIA COPENHAGEN Women’s Gillisi Twist Open Toe Sandals B076H6PP6F ParentFly London Women’s Mafi857fly Ankle Strap Sandals B079QKR533 ParentHÖGL Women’s 5-10 4412 Flatform Sandals B078C7JMT8 ParentTrotters Women's Mickey Wedge Pump B011EXGTP6 ParentHÖGL Women’s 3-10 7104 0200 Wedge Heels Sandals B01LYDEYL8 Parentara Marsala, Women’s Wedge Heel Ankle Strap Sandals B0171CAX0Q Parent , Onex Women's Kaelyn Wedge Sandal B015YLGA80 Parent , Stonefly Women’s Vanity III 11 Wedge Heels Sandals B01M32YOBH 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: , , , , Otz Shoes Women's Linen Canvas Espadrilles B01G9N5G4Q ParentNike Unisex SB Zoom Janoski Canvas CPSL Vivid Sky/Vivid Sky/Gold Dart Skate Shoe 9.5 Men US/11 Women US Parent B01MT6M73AMINITOO Women's Cross Strap White/Silver Leather Latin Salsa Ballroom Dance Shoes 6 UK Parent B074T9NKJBDYF Women's Shoes Solid Color Large Size Sharp High Heel Plush Metal,Apricot Color,40 B0796RNF5M Parent , Gentlemen/Ladies HKM Winterstiefeletten Greenland-- B007EU2SUO Parent Modern and elegant fashion Quality First Cost-effective , adidas Originals Women's Swift W Running-Shoes,GREY TWO/ICE PINK/WHITE,11 Medium US B01N4E1G2P ParentByste Women Solid Color Ruffles Round Toe Flat Heel Cross Tied Sandals Rome Shoes B07DPLX495 Parent , Qiusa Colorful Sandals Women Flat Bohemian Multi-color Beaded Rhinestone Beach Shoes (Color : Beige, Size : UK... B07GTNKT71 ParentCLARKS Women's Kensett Diana Ankle Bootie, Black Leather, 12 M US B01NBJYY11 ParentAWXJX women's flip flops slippers flat Non-slip Beach light Comfortable printing Pinch B07D4GS98V Parent , ShangYi Women's Shoes Faux Suede Wedge Heel Wedges/Peep Toe/Platform/Ankle Strap Bohemian Sandals Party & Evening... B01FZJFNNE Parent , Cipriata Cirpiata Bella Women's Twin Buckle Mid Calf Fashion Boots B0787YMJLC Parent , Nine West Women's Layitout Leather Boot B01EX1EXFO Parentyalanshop Tip Single Shoes Fine With Beaded Slotted For The High-Heel Shoes And Versatile Tip Satin, Pink 35 B07BVSPPJ5 Parent , Calaier Women's Capainting Court Shoes black Black B06XWLPPTQ Parent , Lorbac Browm Suede With Grey/silver Met B01KKFXBKK ParentWYYY Women's Shoes High Heels Glossy Fine With Shallow Mouth Pointed Casual Shoes 8.5 Cm ( Size : 39 ) B07B3PL543 ParentLYY.YY Fine Strap Rhinestone Sandals Evening Shoes Black Super High Heel Sexy Stiletto Shoes Heeled Sandals Open... B07FZ3ZZHY ParentBed STU Women's Diaz Fisherman Sandal B00MP1T8EG Parent , Carolbar Women's Elegant Fashion Bow High Heel Platform Court Shoes B07CKTH3F6 Parent , Odomolor Women's Solid Glitter High-Heels Pointed-Toe Pull-On Pumps-Shoes, Purple, 41 B07BBKCLWK Parent , H251 Orange Faux Suede Stiletto High Heel Concealed Platform Court Shoes Size UK 7 EU 40 B07D3XYQLV ParentSolid Gear sg8000346 Vapor Safety Boots S3 Size 46 Black B01LW4IGLY Parent , Jig Foo Sandals Open-toe Latin Salsa Tango Ballroom Dance Shoes for Women with 2.7" Heel B012YP9888 ParentHavaianas Womens Slim Animals Sandal Grey/Navy Blue Slim Animals Sandal Grey/Navy Blue B075PDTYYT Parent , Sanita Hedi Open Clog Black Size EU 39 - UK 5.5-6 B07H35SHZR Parent , Lauren Ralph Lauren Women’s Dillan Espadrille Wedge Sandal B0767VXZN4 Parent , DONG LU Summer High-Heeled Slope with Fruit Pattern Decorative Sandals Shoes B07G78P51Y ParentSupertrash sandal Guilty gold / black B00SRI989G ParentZPL Womens Sandals Stiletto Strappy High Heel Shoes PeepToe Ladies Ankle Strap Party Prom Evening Gold Silver B07D4JR7PK Parent ,
Subscribe to Russell Investments blog

PEDRO MIRALLES Women’s 18576 Women’s Platform MIRALLES Sandals 30296 B077TXGLGG Parent b253064 -

  • 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.