Russell Investments Blog adidas Pink/White W, Women's NMD_R1 W, nhta-30298 Pink/White B07CH811DS Parent 2c7f4e3 - Connect
adidas Pink/White W, Women's NMD_R1 W, nhta-30298 Pink/White B07CH811DS Parent 2c7f4e3 -

adidas Pink/White W, Women's NMD_R1 W, nhta-30298 Pink/White B07CH811DS Parent 2c7f4e3 -

  • 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
NIKE Women's WMNS Zoom Fly SP, White/Volt Glow-Summit White B07CP46G78 Parentadidas by Stella McCartney Womens Supernova Trail B07CSY5SZY ParentNike Women's LunarSolo LT Atomic Pink/Crimson Tint Running Shoes B07CPK3GG3 Parent , adidas Performance Women's Duramo 8 W Running Shoe B07CPKY33C ParentNIKE Women’s WMNS Air Max Thea Lx Gymnastics Shoes B07CQ5FWG4 ParentCaldene Womens/Ladies Long Riding Pendle Wide Boots B07CQCZ9YR Parent , Nike Women's WMNS Air Max 90 EZ, Desert Sand/Desert Sand B07CRGWN32 Parent , Imperial Riding Special' Long Boots - Cognac B07CRQC322 Parent , adidas Deerupt Runner Womens in Solar Red/Bluebird, 5.5 B07CSFC18Y Parent , Men/Women Meindl Calgary GTX Schwarz B07CTB29NC Parent bargain Modern design Global sales , Meindl Hiking boot Ohio Lady 2 GTX fawn B07CT8PNBW Parent , Strato Evo LL QC Stone Da Boots Size 8 B07CTZX9JN Parent , adidas Womens BB6242 Women's Pureboost X Tr 3.0 White/Stone/Black Bb6242 B07CTFSK36 ParentNIKE Women's Hyperdiamond 2 Keystone Softball Cleat B07CVJRKC9 ParentHanwag Altai Lady GTX gemse EU 42,0 B07CVHF9S6 ParentNike Wmns Air Huarache Run SE B07CVP59MF Parent , Dachstein ROOF Stone Super Leggera Guide GTX Women – Mint/Papaya B07CVQQD93 Parent , La Sportiva Women’s Tx5 Woman GTX Low Rise Hiking Boots B07CY3M2DJ Parent , Dachstein ROOF Stone Super Leggera Guide GTX Women graphite/Eggshell Blue B07CVQZBS3 Parent , Dolomite Torq GTX Women – Pewter Grey/PENSY Purple B07CY1CKPG ParentNike Women's Air Max 90 Leather Running Shoes B07CXY84T7 Parent , NIKE Women's Air Presto Running Shoe B07CZ5FH99 ParentNIKE Women's WMNS Shox Gravity, RED Crush/RED Crush-RED Crush B07CYX3MW3 ParentNIKE Unisex Adults’ Magista Obra 2 Club Fg Ah7302 107 Football Boots B07CX3THYF Parent , NIKE Women's Air Huarache Run Print B07CYZTDT5 ParentNike Juvenate SE Ladies Running Shoe B07CZ3S243 Parent , Nike WMNS Air Huarache Run Womens Aq7889-100 B07CZ4RQV8 Parent , Asics Women’s Gel-Quantum 360 4 Running Shoes B07CZFCLPK Parent , adidas Women's Pureboost X Clima, Off White/ASH Pearl/Orchid Tint B07CZF1794 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: , , , , Ryka Women’s Enhance 2 Cross-Trainer Shoe Parent B01CR9GDPW , Miyoopark Ladies Sequin Synthetic Latin Dance Pumps Wedding Shoes MY-L135 Parent B01H9WARTK , hunpta Baotou Slippers Women Thick Mesh Fashion Casual Cool Slippers Stylish Slippers Parent B07CN68DQGGTVERNH Women'S Shoes/Women'S Shoes Autumn 6Cm Frenulum Casual Shoes Thick Bottom Flat Heel Board Shoes. B07GFNGHDF ParentMDRW-Lady/Elegant/Work/Leisure/Spring Fish Mouth Sandals Women'S Shoes Rose Gold Simple Water Table Slotted For... B0795DS6J6 Parent , Reebok Work Women's Sublite Work RB415 Soft Toe SD Sneaker,Black,US 10.5 W B019D6189I ParentPUMA Golf Women's Monolite Cat Woven Golf Shoe, Paradise Pink/Paradise Pink, 9.5 Medium US B074ZD8LRS Parent , Man/Woman Albano 8054lam50 Bootie Women B07GZBMTS3 Parent superior stable quality International big nameHollow High Heels Sandals Strappy high-heeled sandals size shoes B072VGCGMP ParentZormey Women'S Heels Spring Summer Club Shoes Comfort Novelty Patent Leather Customized Materialswedding Office... B072NBQY9Z ParentAdeeSu Girls Chunky Heels Platform Metal Ornament Imitated Leather Boots B06XMYDR9G Parent , AnMengXinLing Mid Calf Boots Women Low Block Heel Waterproof Star Strip Flag Pattern Leather Slip On Booties Winter B07HHHQWXD Parent , Nine West Womens Goldenoneo Fabric Open Toe Ankle Fashion Boots B0762NRNYY ParentVitalo Women's High Heel Ankle Strap Pointed Pumps Ladies Patent Court Shoes B07FTMKDY7 Parent , AN Womens Bandage Assorted Colors Cow Leather Pumps Shoes DGU00811 B07J6HK3QR Parent , Calvin Klein Jeans Women's Ronna Pump, Desert Sand Patent, 9 Medium US B07DFD3QD3 ParentNine West Women’s Marquisa Leather Pump B074NL5FBC Parent , Peter Kaiser Women’s Malana Closed Toe Heels B076CM9Y3R ParentZHRUI Court Shoe High heels H5174 woman PU sandals Single shoes Casual Commerce With height 5.5cm Black, Red,... B07FLT56KJ ParentCharles by Charles David Women’s Ames Wedge Sandal, Black B01MAUD2OX ParentVulusValas Women Fashion Ankle Strap Heels Pumps Shoes B07F7KLK32 Parent , Mod Comfys Womens/Ladies Plain Leather Court Shoes B00VY20MQ0 Parent , AalarDom Women's Pu Pull-On Round-Toe Low-Heels Pumps-Shoes, TSDDG002412 B07H8B19T6 Parent , XIE Women Round Head Student Single Shoes Children's Shoes Rough With Shallow Mouth Mid Heel With The Side Leisure... B07CDDD8K9 ParentGARDINI Sandal FLIP Flops 1108746 Grey - Grigio, 40 B07F282894 ParentGAOLIM Bohemia Summer Sandals Women Flat-Bottomed Student Soft Sister Clip Pin Sandals Water Drilling B07BZKZKRM ParentGlerups Unisex Slippers Dark Grey B005ZYVY6U Parents.Oliver Women's Fashion Sandals Silver Silver B07BNLKLW1 ParentKUKI Women's Fashion Casual Sandals B07CK52J13 ParentBalaMasa Womens Dance-Ballroom Structured Solid Urethane Sandals ASL05787 B07HDTTJSL Parent ,
Subscribe to Russell Investments blog

adidas Pink/White W, Women's NMD_R1 W, nhta-30298 Pink/White B07CH811DS Parent 2c7f4e3 -

  • 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.