Russell Investments Blog Vaude Women's B07712JQT6 TRK Rise Skarvan Mid STX High Rise Vaude Hiking Shoes B07712JQT6 Parent ab7220a - Connect
Vaude Women's B07712JQT6 TRK Rise Skarvan Mid STX High Rise Vaude Hiking Shoes B07712JQT6 Parent ab7220a -

Vaude Women's B07712JQT6 TRK Rise Skarvan Mid STX High Rise Vaude Hiking Shoes B07712JQT6 Parent ab7220a -

  • 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
Meindl Women’s Marine Tür Low Rise Hiking Shoes B07FD59ZXS Parent , adidas Women’s Ultraboost St W Fitness Shoes B07FDP9Y5Y ParentCOLUMBIA Women's Hiking Shoes, Waterproof, BUGABOOT PLUS IV OMNI-HEAT B078F5NXH2 Parent , Dexter Womens SST The 9 Bowling Shoes Wide- Grey/Periwinkle/Aqua B07D3V9XHJ ParentNIKE Women’s Air Zoom Pegasus 34 Running Shoes B06WW9QG5Z Parent , NIKE Women’s 849582-500 Trail Running Shoes B01M7PBTJ6 Parent , Jack Wolfskin Women’s Vojo Mid Texapore High Rise Hiking Boots B013SKMH36 Parent , Nike Women’s WMNS Air Max 1 Gymnastics Shoes B0784RV7JB Parent , adidas Women’s Supernova GTX W Running Shoes B071KBQW7J Parent , Asics Women’s Gel-Quantum 360 Knit 2 Running Shoes B07D1LXPV2 ParentUnder Armour Women’s Ua Wspeedform Slingwrap Fade Training Shoes B01MYY474J ParentNike WMNS Presto Fly, Women’s Running Shoes B0765WF5CR ParentNIKE Women’'s Revolution 3 Running Shoes B01K35VE4C ParentAsics Gel-Kayano 23 Women's Running Shoes B01M26MV4A Parent , Merrell Women’s Aurora Tall High Rise Hiking Shoes B018WFB17U ParentBrooks Glycerin 12 Women, Women's Running Shoes B00H0D8I3G ParentSkechers Women’s Go Step Lite-Adored Mary Janes, Taupe, Medium B01N10YYMD ParentNike Women’s WMNS Free Tr 8 Fitness Shoes B0761XJPWV Parentadidas Duramo 6, Women's Running Shoes B00QH7E3PI Parent , ECCO Biom Fjuel, Women’s Multisport Outdoor Shoes B07175BWFM ParentNike WMNS Air Max Guile, Women’s Training Shoes B00E58NZ9Q Parentadidas Women’s Cloudfoam QT Racer Trainers B0756HVKHV ParentSalomon Quest 4d 2 GTX W, Women’s Climbing Shoes B01I11V94K Parent , NIKE Women’s WMNS Free Rn Flyknit 2017 Running Shoes B078GB714F ParentAigle Unisex Adults' Parcours 2 Signature Wellington Boots B00CAL7D7U ParentDolomite 54 Hight Gtx Trekking New Mens Shoes B01KK69HBG ParentECCO Women’s Classic Hybrid Golf Shoes, Beige B01KIL7XA0 ParentColumbia Women’s Dakota Drifter Waterproof Low Rise Hiking Shoes B01015NHLW Parent , New Balance Minimus Trail, Women’s Trail Running Shoes B01FSITZNG 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: , , , , HÖGL 3-10 2306 7600, Women’s Low-Top Sneakers Parent B01M0Z8725Girls Ladies Black PU Low Heel Tap Dance Shoes By Katz Dancewear (Womens UK 3.5) Parent B00CSP4WGS , Bart671Lu Women's Casual Sandal Slippers Jigsaw Patter Think Outside The Box Sandals Shower Slides Indoor Slip... B07DHDFXCB ParentPuma Women's Clyde GCC Fashion Sneakers Puma Black/High Risk Red 11 B(M) US Parent B076QCQDM3 , Tommy Hilfiger Womens Tommy Navy Jupiter 3A1 Trainers Parent B077QLCJ1MLvYuan ggx Women's Heels Slingback PU Summer Casual Slingback Burgundy Black 2in-2 3/4in, burgundy, us9/eu40/uk7... B074CX35RK ParentGAOLIM Single Women In The Spring Shoes In Bold With Students With Round Head Grandma Shoes Wild Fairies Shoes B07CKZYKXK Parent , Asics Women’s Gel-task Volleyball Shoes B071VNPGJ9 ParentAdidas Sport Performance Womens Terrex Fast R Gore-Tex Hiking Sneakers, Multi Textile, 7.5 M B01HNFSMYK Parentadidas outdoor Women's Terrex Agravic GTX Grey Three/White/Chalk Coral 10 B US B072YWSJM8 Parent , Women Sandals,Sexy Summer Sandals Open Toe Women Sandles Thick Heel Shoes Gladiator Shoes B07D6NYNLJ Parent , Men's/Women's Bianca Women's Boots B01BGQ4JA8 Parent Louis, elaborate Let our goods go to the world At an affordable price , Men's/Women's Gabor Women's 51.800.63 Boots B01IK927U8 Parent durability high quality comfortableMan's/Woman's Art Women’s Heathrow Boots B071S1K9HF Parent Modern technology Cheaper than the price Extreme speed logistics , Y-H Women's Boots Leather Spring/Fall Fashion Boots/Ladies Pointed Stylish Martins Boots/Stiletto /Booties Breathable Slip-Ons/Walking Shoes Party & Evening,Black,38 B07HG3JP44 38|Black , GTVERNH-Martin A British Style Winter Boots Plus All-Match Cashmere Fashion Student Boots Non Slip Soft Bottom... B07856525J ParentRockport Women's Zana Duck Scrunch Snow Boots B0076ZS6Q2 Parent , Mountain Warehouse Stream Womens Wellies - Easy to Clean Wellington Boots, Waterproof Summer Boots, Soft Fabric... B01LBI3XV2 ParentGOLDGOD Women's High Heel Pointed Platform Booties B07GGWGGSS ParentCalaier Women's Cahalfway Court Shoes Gold Size: 9 B06WLGNKZC Parent , Sam Edelman Women's Dori Pump, Retro Pink, 5 M US B07BR8JQ1L Parent , Mentor Women’s Pump Closed Toe Heels B0759Z7MRP Parent , Toe Guard TG8041036 Safety Shoe,"Runner" S1-P, Size 3.5, Black B01LWAV1P2 Parent , Odomolor Women's Pointed-Toe Pull-On Fabric High-Heels Pumps-Shoes B07CNGB5LT ParentTamaris Women's 22412 Closed Pumps B00XL64OMA Parent , Paris Hilton Women's Nifty Strappy Sandal B001SASLY8 Parent , Women's Banquet High-Heeled Shoes Rhinestone Sandals High Heels Fashion Personality Sequins 10.5CM Black B07FJLBPND ParentKOKQSX-Waterproof table sandals heels high heels 14CM black Thirty-nine B07H6J2R3X ParentJOE N JOYCE Helsinki Felt Soft-Footbed Slipper Normal B073BDMZ4Y ParentCipriata Ladies Elisabetta' Cross Over Sling Back Sandal B07B11Y9K6 Parent
Subscribe to Russell Investments blog

Vaude Women's B07712JQT6 TRK Rise Skarvan Mid STX High Rise Vaude Hiking Shoes B07712JQT6 Parent ab7220a -

  • 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.