Russell Investments Blog TAOFFEN Heel Women Fashion Low Heel Closed Toe Summer Shoes Summer 30200 B07FJMQW2N Parent 12a6db8 - Connect
TAOFFEN Heel Women Fashion Low Heel Closed Toe Summer Shoes Summer 30200 B07FJMQW2N Parent 12a6db8 -

TAOFFEN Heel Women Fashion Low Heel Closed Toe Summer Shoes Summer 30200 B07FJMQW2N Parent 12a6db8 -

  • 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
VulusValas Women Fashion Flat Court Shoes B07FJPZ5J2 ParentRAZAMAZA Women Fashion Chunky Pumps Slip On B07FJQ2NK9 ParentMelady Women Comfort Flat Pumps Elastic Strap B07FJQ68ML Parent , Melady Daughter Shoes Ballets Flat B07FJQQRV6 ParentMelady Women Sweet Kitten Heels Pumps B07FJQST51 Parent , VulusValas Women Fashion Block High Heel Court Shoes B07FJQZ285 ParentMelady Women Fashion Pumps Shoes High Top B07FJQZ5PS ParentVulusValas Women Retro Court Shoes B07FJR2DC2 ParentMelady Women Classic Block Low Heels Pumps B07FJRSBQT Parent , Melady Women Block Heels Pumps B07FJRSBQW Parent , VIMISAOI Women's Vintage Bowtie Back Zipper High Heels Platform Court Shoes Mary Janes Shoes B07FJSM432 Parent , Artfaerie Women's Cross Strap High Heels Court Shoes Platform Pumps Work Shoes B07FJW947H ParentCoolcept Women Fashion High Heel Pump Shoes B07FJWN9K2 ParentArtfaerie Women's Chunky Heels Court Shoes Pointed Toe Block Heel Sweet Bows Pumps B07FJWWTV1 Parent , RAZAMAZA Women High Heel Party Pumps B07FJX1M2S ParentYours Clothing Wide Fit Women's Sporty Metallic Pumps In Eee Fit, Wide Fit B07FK5PVNB ParentMiyoopark Women's Ankle Strap Sparkling Pointed Toe Wedding Evening Shoes B07FKJGN21 Parent , Artfaerie Women's Mid Block Heels Mary Janes T Bar Pumps with Bows Sweet Court Shoes B07FKN1F9K ParentRAZAMAZA Women Fashion Pumps Slip On Heels B07FKQ6FLL ParentRAZAMAZA Women Comfy Thick Sole Pumps Flatform B07FKQDDCZ Parent , RAZAMAZA Women Fashion Thin Heel Pump B07FKRV844 Parent , Artfaerie Women's Block High Heels Mary Janes Cross Strap Court Shoes Sweet Pumps B07FKRVPHH Parentfereshte Women's Fabric Classic Slip on Dress Stiletto Pumps with Multi Colors B07FKS5NRH ParentArtfaerie Women's Chunky Heels Mary Janes Bow Court Shoes Ankle Strap Cute Pumps B07FKVJZVT ParentArtfaerie Women's Block High Heels Mary Janes Ankle Strap Court Shoes Work Pumps B07FKVRBS9 ParentTAOFFEN Women Fashion Slip On Pumps B07FLJYLT8 Parent , VIMISAOI Women's Patent Leather Pointed Toe High Heel Stilettos Rivets Studded Bowtie Decoration Dress Pumps Shoes B07FLM44CQ Parent , RAZAMAZA Women Fashion Pointed Toe Pumps Shoes B07FLNVTD2 Parent , BalaMasa Womens Cold Lining Solid Travel Urethane Pumps Shoes ASL05227 B07FLPKMYK 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: , , , , Capezio Breeze FF02 in Nude and Black Parent B002CMMXWCGrunland SA1450 Women Platino 37 Parent B01M4RI0X4 , Zapatillas Deportivas con LED Lady Bug 4244 (talla 28) Parent B074JFTX8M , D.V.S. Dvs Women's Casual Shoes Benny Pinstripe Canvas 5.5 B (M) US Grey Parent B0059A8AWQLORIBLU 6037 Beige Sneakers Italian Designer Woman Parent B07933VM5Z , KPHY-High Heels Ten Centimeters Of Fine Heel Crystal Sequins Bride Shoes Married Shoes Sexy B07BDLFRSS ParentNew The North Face Women's Storm Fastpack WP Hiking Shoes B00LNHORN0 Parent , Danner Women's High Ground Hunting Shoes B01NBWUQ3S Parent , Gabor Women’s Comfort Basic Chelsea Boots B071F1D9P7 ParentKEEN Women's Hoodoo Iii Low Zip-w Snow Boot B01MSNIMJ5 ParentPINOSOS Womens Boots, Colour Grey, Brand, Model Womens Boots 6508 Grey B075MDCY4J ParentThink!!!!!! Women’s Guad Chelsea Boots B01LZEVR6R Parent , camel active Women’s Palm 74 Chelsea Boots B079LP8FC7 Parent , VulusValas Women Stiletto Knee Boots Zipper B07GDMGZZG ParentKPHY Women's shoes/Pointed High Heels With High 8Cm Sexy Thin And Short Boots Martin Boots Fashionable Boots. B07HPB319L ParentBJORN BORG Boots Taupe & Blue Fur Trim Alize B01M1KN2TF ParentSuperba Women's Boots black nero B01NBOQUDD Parent , Top Shishang Autumn and winter boots with Martin boots low heel B07HGXZHFK ParentMINITOO MZ609 Womens Pointy Toe Stiletto Heel Slip On Bridal Wedding Evening Ivory Satin Pump Shoes UK 7.5 B074RZK3K1 ParentBalaMasa Womens Comfort Assorted Colors Casual Urethane Pumps Shoes APL10890 B07H2RHJQ4 Parent , Latitude femme Decollete' Low Taupe Suede/Coconut Coating B07F43R8CN Parent , AdeeSu Womens Platform Travel Structured Urethane Pumps Shoes SDC05840 B07H2PBCPN ParentAllhqfashion Women's Pull-On Kitten-Heels Assorted Colors Pumps-Shoes, FBUDC010693 B07H93TPVC ParentBirkenstock Arizona Neon Grün Lack Birko-Flor-Lack B00XG12X5U Parent , WYYY Women's Shoes Summer Low Heel Block Retro Wave Point Open Toe Low Heels Casual Shoes Party Sandals Beach... B07DS9W6G6 Parent , VENCA Women039;s Platform Sandals with Faux Suede Flowers on The Instep B07BYKMRQV Parent , Gentlemen/Ladies Telic Unisex Flip Flop B01M1LPPQA Parent Selling a wide range of products Various latest designsAgooLar Women's Square Closed Toe Kitten-Heels Soft Material Assorted Color Buckle Sandals B01HXTUPX2 ParentJUWOJIA Sandal Sandals Women'S Summer High Heels New Fairies Resort Bohemia Two Women Wearing Slippers B07F7ZCDM7 Parent , 1TO9 Womens Solid Comfort Bows Travel Urethane Sandals MMS06286 B07H24PQMX Parent
Subscribe to Russell Investments blog

TAOFFEN Heel Women Fashion Low Heel Closed Toe Summer Shoes Summer 30200 B07FJMQW2N Parent 12a6db8 -

  • 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.