Russell Investments Blog Mr/Ms BCBGeneration Women's BG-Remmy BG-Remmy Sandal Parent B00REG6L06 Sandal Parent Promotion First grade in its class Different goods 6ba1649 - Connect
Mr/Ms BCBGeneration Women's BG-Remmy BG-Remmy Sandal Parent B00REG6L06 Sandal Parent Promotion First grade in its class Different goods 6ba1649 -

Mr/Ms BCBGeneration Women's BG-Remmy BG-Remmy Sandal Parent B00REG6L06 Sandal Parent Promotion First grade in its class Different goods 6ba1649 -

  • 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
Ateljé 71 Women's Apix Peep Toe Sandal B00ZTQR2CE Parent , Betsey Johnson Blue by Women's Nola Dress Sandal B012H2B4B2 ParentBos. & Co. Women's Calem Platform Dress Sandal B017DNBMBC Parent , Schutz Women's Rosanna Dress Pump B0170MFMVW ParentBCBGeneration Women's Bg-Drita Dress Sandal B01E0LQ10W ParentSchutz Women’s Maggy Dress Sandal B0170MFX9S ParentFive Worlds by Cordani Women's Hanna Platform Sandal B01C7KH8UA Parent , Nine West Women's Lailah Suede Heeled Sandal B0176YFGK6 Parent , Schutz Women’s Jeanette Dress Sandal B0176TRADC ParentSeychelles Women’s Gawk Dress Sandal B017VYP7KA Parent , Badgley Mischka Women’s Carlotta Ii Dress Sandal B0174AAATO ParentTahari Women’s Ta-Luck Dress Sandal, Black-White/Black B01AK52KFC Parent , Loeffler Randall Women's Sosie-Vacs Flat Sandal B01APN0CWC Parent , Schutz Milady, Women’s Dress Sandal B01AUP0338 ParentNaughty Monkey Women’s Amiga Dress Sandal, Multi B01AGPRKHE Parent , Gentle Souls Women's Lee Wedge Sandal B01BHJY968 ParentCorso Como Women's Cayman Feather Sandal B01BBIRQG0 Parent , Shellys London Women's Dee Heeled Sandal B01CG1YI3K ParentChocolat Blu Women's Mackenzie Cork Sandal B01COQHQGS ParentMan's/Woman's Tahari Women's Margaret 2 B01DA6YIOY Parent Moderate price Medium cost Explosive good goodsSol Sana Women's Rudey Heel Dress Sandal B01EB6WXBC Parent , Badgley Mischka Women's Devon Dress Sandal B01DVBVBAC Parent , Taryn Rose Women's Sarin Sandal B01069H16A Parent , Luichiny Women's Ask a Girl Dress Sandal B01E184WWI Parent , Schutz Women's Margaery Dress Sandal B01F9JT92Q ParentSol Sana Women's Lawrence Slide Sandal B01EHUR9S4 ParentShellys London Women's Lauren 2 Platform Sandal B01HFK4G4S Parent , Re-Sole Women's Classic Sandal Flat B00YTWMBR0 ParentNine West Women's Hallan Suede Dress Sandal B01ERU0WGA 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: , , , , Ted Baker Women’s Suszie Flip Flop Parent B072K8G8D2Mephisto Women's Trainers Grey Grey Parent B01M21NPZK , LvYuan ggx Women's Heels Comfort PU Spring Casual Red Black Flat, ruby, us7.5/eu38/uk5.5/cn38 B074CWLG12 Parent , Man's/Woman's Love Moschino - JA15023G16IF B07DNJNQD1 Parent Good design Skilled manufacturing Strong heat and heat resistanceMee Shoes Women's Sexy Buckle Ankle Strap Block Heel Sandals Shoes B06XSDP1N1 ParentPleaser Women’s DELIGHT-3000 Unlined Classic Boots Long Length B00HE7HT06 Parent , Man/Woman Fersengold Women’s Ankle Boots B076HG1MSF Parent High security luxurious Famous store , Y-H Women's Boots Leather Winter 2018 New Plus Cashmere Booties/Pointed Martins Boots/Ladies Personality Stylish Ankle Boots Party & Evening,A,37 B07HFV98P9 37|aAisun Women's Fashion Zip Up Faux Suede Pointy Toe Booties B076HQRW5W ParentAgodor Women's Stilettos High Heels Nubuck Leather Ankle Boots With Zip Elegant Pointed Toe Shoes With Faux Fur B078HKLCLC Parent , Women's Ladies Short Boots Camouflage New Fashion Rough heel Waterproof Cross Straps Cloth Fall Winter B076CPXCBZ Parent , Aisun Women's Stylish Round Toe Wedge Heighten Heels Boots Shoes B075PJDVRR Parent , Maguidern Pumps Shoes 5 inches High Heels, Wedding and Party Dress Stiletto Pumps Pointed Toe Shoes Fuchsia Size 6 B07FLPVKRV Parent , XZGC Spring Shallow Mouth Of Women's Leather Shoes With Retro Thick Casual Shoes B07B46H43H Parent , Duoai@ A Pointed high-Heeled Shoes/White fine with Women's Shoes/Wedding Shoes/Accompanied Lady Shoes/Slotted/... B07D2BXM6D Parent , Yukun High heels Autumn Pointed Sequins Stiletto Heel High Heel Shallow Mouth Single Shoes Women'S Work Shoes B07HCWZKST Parent , Gabor Shoes Comfort Fashion, Women's Boots B00ZCMCTEQ Parent , Odomolor Women's PU Low-Heels Square-Toe Solid Pull-On Pumps-Shoes, Apricot, 34 B07BBFYJNZ Parent , Odomolor Women's Pull-On Round-Toe Kitten-Heels Fabric Solid Pumps-Shoes, Black, 35 B07BBK5P2C ParentEllie Shoes Women's 652-Prince Platform Pump B002OFIQ4Q Parent , Hotter Women’s Flare EXF Open-Toe Sandals B075GPNB2M ParentScholl Prelle Purple, Women’s Wedge Heels Sandals B00UTUR2B6 Parent , DEL GATTO Sandals Woman Blue Patent Leather AG601 (39,5 EU) B01M31KSYI Parent , Grunland SE0179 DOME SANDALO DONNA P. B06XKY59WJ Parent , TYERY Slope with Shallow Mouth Flowers Fish Mouth Leather Mother Sandals Middle-Aged Women's Shoes B07CTF5WRG ParentGiesswein Unisex Adults' Nehren Low-Top Slippers B01FA9P9LA ParentSlippers HAIZHEN Women shoes 7cm Female summer thick bottom high heel for Women (Color : #6, Size : EU38/UK5.5/CN38) B079ZV68G4 EU38/UK5.5/CN38|#6Fourever Funky Women's Patent Leather Almond-Toe Chunky Platform Stiletto Pump B00BCNNEZW Parent , AllhqFashion Women's Assorted Color Denim High-Heels Peep Toe Buckle Platforms & Wedges B01J5E3ERW Parent , Sandals Female Summer Simple Open Toe Flat Shoes B073QR9CDH Parent ,
Subscribe to Russell Investments blog

Mr/Ms BCBGeneration Women's BG-Remmy BG-Remmy Sandal Parent B00REG6L06 Sandal Parent Promotion First grade in its class Different goods 6ba1649 -

  • 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.