Russell Investments Blog HKM Jodhpur 2 with Colours with Jodhpur nhta-30296 Elastic Insert B01G5DE9ZM Parent 6a7ffe5 - Connect
HKM Jodhpur 2 with Colours with Jodhpur nhta-30296 Elastic Insert B01G5DE9ZM Parent 6a7ffe5 -

HKM Jodhpur 2 with Colours with Jodhpur nhta-30296 Elastic Insert B01G5DE9ZM Parent 6a7ffe5 -

  • 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
Avia Women's Avi-Aura Walking Shoe B01IE78F02 ParentONEMIX Women's Air Cushion Running Shoes Lightweight Walking Jogging Gym Outdoor Exercise Drive Athletic Sneakers B01G69IAQ4 Parent , Skechers Go Flex - Momentum, Women’s Walking Shoe B01IFGJRF4 Parentadidas Essential Fun 2, Women’s Trainers B01I31RSNY ParentNIKE Unisex Adults' Jr MercurialX Proximo Ii Tg Football Boots B01INZKTWC ParentAVIA Women's Avi-Rival Cross-Trainer Shoe B01IE77CRO ParentNew Balance Women’s JoJo Thong Sandal, White Purple Zebra B01IPXSVH2 Parent , Joma Aguila GOL, Unisex Adults’ Football Boots B01IRLLKXY Parent , JOMA T.SLAM LADY 610 FUCSIA 40 B01IRLSK6E Parent , FRAU Women's Cross Trainers Blue night blue 3 B01INOOGEK ParentNew Balance Women’s Cush+ Heathered Thong Sandal B01ISPZARG Parent , AVIA Women's Avi-Ginger Walking Shoe B01IUH7OI0 ParentMr/Ms cobian Women's Isla Flip-Flop B01IW2MA5A Parent Excellent craft stable quality King of the crowdMade In Italia Women’s Ballroom B01J0DZJOY Parent , Made In Italia Shoes, Women’s Ankle Boots B01J0DY0T4 ParentPuma Xt-1 Blur 1 Wn's B01J28U4JW ParentSanuk Women's Yoga Aurora Glow Flip Flop B01J22GK0U Parent , Bogs Women's Amanda 4-Eye Rain Boot, Black, 8 M US B01J6U16YI ParentPuma Women’s Burst Alt WN's Cross-Trainer Shoe B01J52Y93C Parentcobian Women's Braided Bounce Flip Flop B01IW2PNE0 ParentSkechers Women's OG 95-Winter Walk 621/GRY gray, Gr. 36-41, Air Cooled Memory Foam B01J6C6ZZG ParentMan/Woman Diadora Unisex-Erwachsene Trail Race B01J608RGS Parent Various goods Pleasant appearance General product , Skechers Boys' Arktic Cold Weather Boot B01JHLF71O Parent , Dr. Martens PASCAL PM Wine Naturesse Burgundy Red 8-hole 21,610,618 B01JP7L0SO ParentHurley GSA0000100 Womens Hurley Phantom Free (USA) Sandal B01JQBEZ7W Parent , Skechers Women's Reggae Decorum Flip Flop B01JUFBBOE ParentAsics Womens Gel Lyte III (3) Shoes (10 Womens, Peach/Peach) B01K3IM1SW Parent , GI Women's Cross Trainers black black 3.5 B01KCSNVO6 Parent , Easy Spirit e360 Kable Loafer B01KGB499K 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: , , , , Clarks Pure Iris Nubuck Shoes in Aubergine B07G45DKWC ParentGymnastic Shoe Bonn Women White 41 Parent B078Y9971Y , FA - Fantasy Krios (Coral, 5) Parent B01DKJZD9AZHZNVX Women's Shoes Microfiber Summer/Spring & Summer Comfort Sneakers Creepers White/Black B07H3MFL51 ParentHenselite Tiger Sport Ladies White Bowls and Sports Shoes B004BJXI6E Parent , NIKE Women’s WMNS Lunarsolo Running Shoes B072F85QGY Parent , Nike Women's Free RN Distance 2 White/Black/Pure Platinum Running Shoe 6 Women US B004C9T7HC ParentNew Balance Women’s Nbgw1005 Golf Shoe, Black/Lime, Large B01INSCHC4 Parent , CLARKS Womens Wynnmere Avah Wedge Sandal, Warm Grey Nubuck, Size 9.5 B0762T75WJ Parent , ShangYi Latin dance shoes women's dance shoes adult square dance ballroom dance shoes soft bottom, silver, EU38... B07GBP8JS4 ParentA&N Girls Chunky Heels Platform Round Toe Back Zipper Imitated Leather Boots B01NBFVPVO ParentVitti Love Women's 957 Leather Ankle Boots B075CBGDPZ ParentKamik Women’s Bailee Snow Boots B01MR163IB Parent , Men's/Women's Fabulicious LOLITA-09 B00JEY2M04 Parent Reputation first Beautiful Global salesLBDX Europe and The United States Fashion Slim High Heel Sexy Nightclub PU Pointed Shallow Mouth Women's Singles... B07BH1ZZ46 Parent , MUYII Women's Leather Flat Shoes Pointed Color Matching Maternity Shoes B07D1P8V6W ParentLauren by Ralph Lauren Women's Lee Pump B078NKF3NL Parent1TO9 Girls American Muffin Buttom Tassels Kitten-Heels Soft Material Pumps-Shoes B071D14CD2 Parent , Very Volatile Women's Bumble Heeled Sandal B01LZAARZV Parent , Neosens Noah, Women’s Wedge Heel Ankle Strap Sandals B018JQ5ZGK Parent , MSFS Women Sandals Leather Work Office Elderly Grandmother Non-slip Soft Soles Size 35 To 42 B07CTHR1ZN ParentStonefly 110365 High Heeled Sandals Women Yellow 39 B07G7JJDPF ParentSandals ZCJB Woman Summer Thin Heels Retro Word Buckle Small Fresh Mid Heel Fairy Student Low-Heeled Shoes B07D1XJ1MZ ParentNine West Women’s Yadra Suede Sandal B0722WN9CF ParentYNXZ-SHOE Women's Flat Sandals, Cowhide Round Head Casual Seasons Shoes, Creative Fashion Non-slip Breathable... B07CYZBPN4 ParentBlowfish Women’'s Barria Slide Sandal B074CMDZZB ParentLaxBa Fashion Women'S Autumn And Winter Home Indoor And Outdoor Cotton Slippers black38 B077WD9DG1 ParentTAOFFEN Women Fashion Thin High Heel Sandals Open Back Shoes B06XJ3TVJ2 ParentKOBWA Lawn Aerator Shoes, Spikes Aerator Sandals with 4 Adjustable Straps and Strong Zinc Alloy Buckles, Universal... B07G12PHF7 Parent , Luci Ladies Women High Stiletto Heel Ankle Strap Diamante Mesh Platform Peep Toe Sandal B0771NLCZG Parent ,
Subscribe to Russell Investments blog

HKM Jodhpur 2 with Colours with Jodhpur nhta-30296 Elastic Insert B01G5DE9ZM Parent 6a7ffe5 -

  • 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.