Y-H Women's Shoes Leather Fall/Winter New Wedge Heels/Booties /Casual Flat Martins Boots/Ladies Slip-Ons Breathable Pointed Ankle Boots Office & Career Party & Evening,A,35 B07HH6XZQJ 35|a , The stage fashion show shoes 15 cm high heels stage thigh boots B07CBPZJ41 Parent , LEIMINGShoe Women 's Autumn and Winter Boots Martin Boots in The Boots Rough with Locomotive Boots Biker Riding Style Boots Low-Heeled Cortex 8035FD B075VSRBQW Parent1TO9 Womens Boots Closed-Toe Zip Ankle-Wrap Low-Heel Warm Lining Waterproof Road Nubuck Urethane Dress Urethane Boots MNS02623 B078WDDPK3 ParentShiney Women's Boots 2018 New Thick-Bottomed Muffin Bottom Boots High Heel Autumn Winter B07HFC9638 ParentLIANGJUN Ankle Boots High Heels Women's Shoes Spring, 6 Sizes, 2 Colors Available ( Color : Black , Size : EU38=UK5.5=L:240mm ) B078W9VJM7 EU38=UK5.5=L:240mm|Black
GAIHU Ladies Ankle Boot stiletto heel shoes black leather has rejected the case of the winter B07D6B5CLH Parent , NAN High Tube Rain Boots Overshoes Men And Women Fashion Ski Slips And Comfort Rainboots (Color : Black, Size : EU40/UK7/CN41) B07BZZNN3F EU40/UK7/CN41|BlackLIANGJUN Ankle Boots High Heels Women's Shoes Spring, 6 Sizes, 2 Colors Available ( Color : Black , Size : EU34=UK3.5=L:220mm ) B078W91JC5 EU34=UK3.5=L:220mm|Black
BalaMasa Womens Casual Pointed-Toe Slip-Resistant Urethane Boots ABL10355 B078SBJRKQ Parent , LIANGJUN Ankle Boots High Heels Women's Shoes Spring, 6 Sizes, 2 Colors Available ( Color : Black , Size : EU39=UK6=L:245mm ) B078W9GSZ9 EU39=UK6=L:245mm|Black
LIANGJUN Ankle Boots High Heels Women's Shoes Spring, 6 Sizes, 2 Colors Available ( Color : Black , Size : EU36=UK4.5=L:230mm ) B078W9JC1S EU36=UK4.5=L:230mm|Black , LIANGJUN Ankle Boots High Heels Women's Shoes Spring, 6 Sizes, 2 Colors Available ( Color : Black , Size : EU35=UK4=L:225mm ) B078WBRWKJ Parent , Women's Ankle Booties Zipper High Heel,MWOOOK-41 Ladies Pointed Toe Slip On Party Shoes With Plus Size & Mini Size B07HHQC92P ParentLBTSQ-High Heels Short Boots Thin Heels 10Cm Pointed Martin Boots Women'S Boots. B07H2SJZ2Q ParentJUNKAI Boots Autumn And Winter New Lady Martin Boots Retro Low Heel And Ankle Boots Round Headed Short Boots Chelsea. Thirty-Five B07HD9NW1Y ParentJUNKAI Boots Autumn And Winter New Lady Martin Boots Retro Low Heel And Ankle Boots Round Headed Short Boots Chelsea. Thirty-Six B07HD97CV1 Parent
BalaMasa Womens Spikes Stilettos Pointed-Toe Charms Polypropylene Boots ABL10634 B079345LPS Parent , AnMengXinLing Women Over The Knee Boot Stretchy Suede Stiletto High Heel Pointy Toe Thigh High Snow Boots Side Zipper B07H5QKN33 ParentWonderheel 7" wedges heel knee high ballet shoes matt purple fetish lacing padlocks ballet boots B07259JDKH ParentLsm-Boots Boots Shoes Solid Color Big Size Pointed Head Flat Bottom Belt Buckle B076FW7KR1 Parent
GTVERNH-Female high-heeled boots knee high boots with thick winter British all-match plus velvet long barrel boots Zichao B0777NSTQW Parent , Calaier Women Causually 2016 Designer Luxury Stylish Rivet Studded High Heel Pointed Toe 9.5CM Stiletto Zipper Boots B01N3OFY3X Parent
Calaier Women's Causually Boots black Size: 7 UK B01N3OBKSJ Parent , GTVERNH-The Increased Snow Boots Female Short Tube Korean Slip Warm Plus Velvet All-Match Thick Soled Boots Shoes Female Bottom 4Cm. B078DZTL4Q Parent , KOKQSX-Flat bottom rough heel pointed head Martin boots autumn and winter leather women's boots. Thirty-six black B07H8F4XPC Parent
GaoXiao High heel boots of 20 cm high heels and European punk shoes B07C1R3Y8K Parent , Giaro Women's Boots blue blue B076RVBGC4 Parent , BalaMasa Womens Fashion Pointed-Toe Slip-Resistant Urethane Boots ABL10186 B078N4WWTK Parent ,
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.