Russell Investments Blog Teva Original B01BH22UYS Sandals Universal W's, Women’s Athletic Sandals B01BH22UYS 25530 Parent ba88040 - Connect
Teva Original B01BH22UYS Sandals Universal W's, Women’s Athletic Sandals B01BH22UYS 25530 Parent ba88040 -

Teva Original B01BH22UYS Sandals Universal W's, Women’s Athletic Sandals B01BH22UYS 25530 Parent ba88040 -

  • 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
Birkenstock New York, Unisex-Child Sandals B00GMEXTM4 ParentShuWish UK Carrie Nude Patent PU Leather High Block Heel Peep Toe Ankle Strap Party Sandals B01N11YCCL Parent , Boulevard Womens/Ladies Elasticated Flower Trim Halter Back Sandals B01MYGA0QQ ParentMirak Womens Molly Canvas Sandals B00CM9B6MS Parent , Spenco Total Support Womens Yumi Orthotic Arch Sandals | Toe-Post Thong Style B073NNTPVV Parent , Rongzhi Womens Pumps Heels Platforms Mules Stiletto High Heels Peep Toe Casual Party Sandals B07CHDC4X9 ParentIpanema Mesh Wedge Ladies Flip Flops Black B07C1B71NK Parent , Oxygen Footbed Sandal Aphrodite RED B01HFA8NVU ParentLunar JLH753 Asia Womens Sandal B01N0Z441D ParentVulusValas Women Wedge Heel Peep Toe Sandals B07DL78MYG ParentLunar Womens Fiji Elasticated Sandals Beige 4 B01NBVQK5T Parent , CLARKS Women's Parram Spice Platform, Black Interest Nubuck, 6 Medium US B072W2MVTQ Parent , Unze Women Valda Cut Out Peep Toe Stiletto Heel Formal Patent Closed Heel Cup Sequins Mid- Low Heel Sandals... B07C1TCWCF ParentZaxy Womens Spring Sandal Beach Flip Flops B07CGX8YC6 Parent , ZBeiBei Women's Party Peep Toe Square High Heels Shoes Ankle Strap Platform Sandals B015RKFKSY ParentRAZAMAZA Women Fashion Stiletto Peep Toe Sandals Platform High Heel Shoes B072LP3PCM Parent , SJJH All Match Sandals with Bowtie and Mid Chunky Heel Comfortable Dressy Sandal Shoes with Nubuck Materail B0731CLZRB Parent , SJJH Leisure Court Shoes with Chunky Toe with Low Heel and 5-Colors with Large Size 0-13 UK B074L1KLCK ParentRAZAMAZA Women Summer Office Shoes Low Heel B07CJPJS72 Parent , RAZAMAZA Women Fashion Kitten Heel Sandals B07FFR6KC3 ParentRAZAMAZA Women Spring-Summer Shoes Closed Toe B07D4BHPM1 ParentCoolcept Women Vintage Block Heel Sandals Slingback B07BKWBCBT ParentAnna Field Women's Fashion Sandals B06W5CXK6K Parent , INBLU Women’s Unica Sling Back Sandals, Bianco B0787NHNTQ Parent , Hi-Tec Women's Fashion Sandals Türkis/Grau B07DW2QYTQ ParentKaloosh Women's Classy Patent Leather Strap Buckle Slingback Block Heel Dress Sandals B07BQZ3SDR Parent , Ipanema Women’s Bandeau Flat Sandal B075YTYBRT Parent , FANTASIA BOUTIQUE ® Ladies Diamante Flower Sandals Women's Comfy Casual Summer Strapped Shoes B079YCSPVB Parent , Dunlop Lucia Womens Ladies Flat Sandals Black - Black - UK Size 7 B07C8GD89V 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: , , , , British Passport Women's Mocassin Loafer Flats Blue Blue B079S6VGX6 ParentLa Strada Women's Trainers Green Green 4 UK Parent B07CNBRS84 , Marc O'Polo Women’s Sneaker 80114463502102 Trainers Parent B0761YBQRW , YELLOW Women039;s Sports Shoes, Colour White, Brand, Model Women039;s Sports Shoes Phantom White Parent B07D4F9K6CDC Trase SE Skate Shoe Parent B0184OD0HSGrisport Women's Zone Hiking Boot B003YDYT3O Parent , QOIQNLSN Women'S Shoes Microfiber Spring Comfort Heels Chunky Heel White/Green B07GP6QTG3 Parent , New Balance - Womens 990v3 Stability Running Shoes, UK: 6 UK - Width 2A, White with Blue & Grey B005P21PP2 ParentLiu Jo Jeans Women's S65093 P0229 / Stivaletto Coeur TC Boots Blue blue 4 B07H4K9BD9 Parent , KPHY In Summer Match Colors Thin Heels Slippers Lacquers 10Cm High Heels Sandals Ladies. B07DNZQ2BC ParentA&N Ladies Chunky Heels Elastic Band Round Toe Imitated Leather Boots B01N4VX5WU ParentChelsea & Zoe Womens Kira Peep Toe Ankle Fashion Boots B07DB5ZMPY Parent , Banned Apparel Dancing Days Betty Vintage 50s Style Pumps Rockabilly Heels B01II7FECA Parent , Allhqfashion Women's PU Low-Heels Round Closed Toe Solid Pull-On Pumps-Shoes B01N7PP6R0 Parent , ZBeiBei Women's High Heel Shoes PU Leather Ankle Strap Closed Toe Platform Pumps B07CG2V3BT Parent , Thick Single Shoes Round High Heels Word Buckle Professional Shoes B07DW536QX Parent , Tingtingbin Female Sandals Ms Summer Sandal Shoes Low Toe Shoes Ms. Sandals Shoes B07FZ856Q6 Parent , Angkorly Women's Fashion Shoes Pump Court Shoes - Stiletto - Decollete - Color Gradient Stiletto High Heel 10 cm B074KKV56Q Parent , MSFS Ladies Shoes Wedding Stiletto Heel Bride Pearl Tassel Ankle Strap White Size 35 To 40 B07D6P55HZ ParentKolnoo Women's Peep Toe Platform Pumps Slingback Open Toe High Heel Sandals B01MEHK9QW ParentSteve Madden Women’s Debbie-c Heeled Sandal B075381R81 Parentyalanshop New Women'S Sandals And Sandals B07DLMGLN8 ParentTingtingbin Female Sandals Women's Summer Shoes Flat Sandals Women Sandals B07FZ7J17Z Parent , SHINIK Women's Shoes Summer New Thick With High-heeled Waterproof Platform Fish Mouth Sandals Word Buckle With... B07DBSQMB1 Parent , Buffalo Women’s 315791 IMI Suede Bhwmd A75 Wedge Heels Sandals B01MDNT5FT ParentNine West Women’s Deasia Metallic Dress Sandal B01BI2C6NC Parent , Ana Lublin Filipa Sandals Women Yellow 38 B07BJB9YD4 Parent , Heels Sandals/Ankle Strap Sandals/Open Toe Sandals/Women’s Sandals/The Korean version of the summer with sandals... B07DRNN9Y2 Parent , Sweet simplicity with bold women's shoes satin sandals with the woman. B07CR24D94 ParentShut Up & Dance Womens Falts Rhinestone Wedding Dress Bride Bridemaid Party Work Sandals Antiskid Pregnant Shoes... B07F2WBFRF Parent ,
Subscribe to Russell Investments blog

Teva Original B01BH22UYS Sandals Universal W's, Women’s Athletic Sandals B01BH22UYS 25530 Parent ba88040 -

  • 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.