Russell Investments Blog Rieker Women’s Women’s Y9120 Ankle B01EIJQHL4 Boots B01EIJQHL4 Ankle Parent fe0b723 - Connect
Rieker Women’s Women’s Y9120 Ankle B01EIJQHL4 Boots B01EIJQHL4 Ankle Parent fe0b723 -

Rieker Women’s Women’s Y9120 Ankle B01EIJQHL4 Boots B01EIJQHL4 Ankle Parent fe0b723 -

  • 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
Lined Women's Winter Leather Boots Shoes Black Brown Used Look Green Winter Boots TMA 7057 B00OV7UXVE ParentAjvani Womens ladies low heel flat over the knee elastic stretch zip riding boots size B00MZ9UT50 ParentWoof Wear NEW Adult Long Yard Boots Black B016ZYZC0M ParentRieker Women’s Z0422 Ankle Boots, Red, 6 UK B01EIJUG7K ParentLotus Hana, Women’s Ankle Boots B01GFYABBW ParentChatham Women’s Annie Ankle Boots B017M689NY ParentLotus Women’s Bayberry Long Boots B01GH4AYWG Parent , Swedish Hasbeens Women’s High Heeled Jodhpur Ankle Boots B06VW5ZG4L ParentRocket Dog Women’s Beelo Ankle Boot B0757FLYN6 ParentRieker Woman Guinea Boot Light Brown B01KIHKL62 Parent , Youlee Women's Fashion Matte Leather Martin Boots B01L1O1UF2 Parent , Man's/Woman's Mustang Women’s 1256-502-32 Boots B0725KTHJD Parent fashion New style Contrary to the same paragraphMan/Woman Superdry Louisiana Boots Tan B01N5K3I30 Parent Modern and elegant fashion Fine art Easy lifeJoules Molly Welly, Women’s Rain Boot B06X3RZNBZ Parent , Man's/Woman's Mares Flexa B00CYY5OTM Parent Excellent value Stylish and fun valueFabulous Women's 436415.801 Faux Suede Ankle Boots B07BJZ85RR ParentBlue Banana Women's Leather Effect Wedge Boots B00F48RGZA Parent , CHMILE CHAU Women Sexy Snakeskin Knee-High Boots Pleated Buckle Zippers Stiletto High Heeled Long Boots B076GQ4RFX Parent , Clarks Enfield River Ankle Boot with Buckle Detail- Wide Fit, Olive (Taupe) Combi, 8 UK, 42 EU B07GRGCB2H Parent , Rocket Dog Women's Mack Lewis Pu Ankle Bootie B01I4EK3B4 Parent , Roxy Medina - Low-Cut Ankle Boots Women ARJB700550 B072K9B1Y5 ParentLunar Sydney Black Patent Boot With Snake Print Heel, 3,4,5,6,7,8 B075CN9F2L ParentLunar Womens Nyla Elasticated Ankle Boots B07G4JXSV4 Parent , Men's/Women's Steve Madden Womens Hanna B072FVJD56 Parent elegant Cheaper than the price Vintage tide shoes , Blowfish Flynt Coffee 3 Strap Womens Mid Calf Boots B07GZ225XP Parent , Evercreatures Ladies Bridal Wedding Wellies Silk Ribbon B00OTXSFJC Parent , Cipriata Womens/Ladies Alexandra Twin Gusset Ankle Boots B074GPXND3 Parent , AnMengXinLing Women Over The Knee Boots Vegan Suede Block High Heel Slip On Strethcy Pointed Toe Thigh High Snow... B07GSDLGTP Parent , Caterpillar High Hopes Womens Leather Boots B0041RXKQY 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: , , , , SAPPHIRE Women's Black Brown Leather Ladies Two Buckle Straps Ankle Boots Flat Shoes B00LBA9QTE ParentNike Womens Metcon Repper DSX Running Trainers 902173 Sneakers Shoes (UK 4 US 6.5 EU 37.5, White Wolf Grey Binary... Parent B07458S4K7 , FLYRCX Ladies' slippers summer sweet flowers beach shoes outdoor fashion anti-skid thick bottom clip feet flip... Parent B07D77NZVFZenzzle Womens Running Shoes Geometric Figures Pattern Print on for Ladies Outdoor Running Sneakers Parent B07CR4LSX1 , Reebok Women's Fusion Flexweave Sneaker Parent B0785KNMFNChampion Women’s Low Cut Val Running Shoes Parent B0791Z6BPS271 bloch split sole canvas ballet shoes pink size 7 pro arch Parent B007G8R4DKPuma Unisex Adults’ Court Breaker L Mono Trainers Parent B0783T24WZAJUNR New/Fashion/Work/High-Heel/Women The Crude 9Cm With High Heels Pointed Cotton Shoes Shallow Mouth All-Match... B07CDQS8Y1 Parent , Salomon Women's RX MOC 3. 0 Recovery Shoes, Synthetic/Textile B073S76P8N Parentadidas outdoor Women's Terrex CMTK GTX W, Legend Ink/Crystal White/Clear Mint, 10 B US B078WG77LY Parent , Jack Rogers Women's Maya Ankle Bootie B01LYZLC4H ParentLaura Scott Women's Ankleboots Boots B00JEZR0S2 Parent , Ellie Women's Sexy Stretch Knee High Boots in Shiny Black Cross Stitched 5" heel B002OFIEMA Parent , Luichiny Women's Bright Idea Ankle Bootie B00FKZT8XU Parent , AgooLar Women's Pull On Round Closed Toe High Heels Fringed Pumps Shoes B01IJKZ1PQ Parent , CYGG Ladies High Heels The New Europe And America Waterproof Platform Nightclub Diamond Stiletto Sexy Sandals... B07BBTK98P Parent , Adrianna Papell Women’s Fifi Pump B079QR15SD Parent , Moolarmi Women's High-Heels Sequins Solid Buckle Pumps-Shoes B07GBBWZG4 ParentAalarDom Women's PU Assorted Color Pull-On Low-Heels Pumps-Shoes, TSDDH005835 B07HFPB2V6 Parent , MINITOO Ladies MA04121 Style Green Satin Platform Dress Pumps 3 UK B01A8E8PZ4 Parent , Camper Shoe K200514-001 PEU CAMI Black B079RM5PBH Parent , Cofra NT250-000.W41 Size 41 UK S3 CI SRC"New Castle" Safety Shoes - Brown B01GJYXHFK Parentara Hawaii, Women’s Ankle Strap Sandals B00ORNU4NE Parent , QINGTAOSHOP Women's Shoes Rhinestone Bohemian Flat with Flat T Sandals Sandals Sandals (Color : Brown, Size :... B07FG243FZ ParentGaoXiao Rough heel sandals in summer B07DGWFY6G Parent , Men/Women Think! Wunda, Women’s Derbys B01LZ3DM64 Parent Louis, elaborate Stylish and charming classic styleShoeDazzle Womens Presta Peep Toe Special Occasion Platform Sandals B077VK3RXF Parent , Allhqfashion Women's Pu Hook-and-Loop Closed-Toe Kitten-Heels Solid Sandals, FBULD015397 B07GLHYB7F Parent , AgooLar Women's Solid Pu High-Heels Open-Toe Zipper Sandals, GMDLB014495 B07H4BDN4Y Parent
Subscribe to Russell Investments blog

Rieker Women’s Women’s Y9120 Ankle B01EIJQHL4 Boots B01EIJQHL4 Ankle Parent fe0b723 -

  • 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.