Russell Investments Blog ShangYi Women's Shoes Heel Heels Shoes/ Peep B01FZJLR48 Toe Black/ Platform Heels Outdoor/ Dress/ Casual Black/ White/668-1 Parent B01FZJLR48 2a2089e - Connect
ShangYi Women's Shoes Heel Heels Shoes/ Peep B01FZJLR48 Toe Black/ Platform Heels Outdoor/ Dress/ Casual Black/ White/668-1 Parent B01FZJLR48 2a2089e -

ShangYi Women's Shoes Heel Heels Shoes/ Peep B01FZJLR48 Toe Black/ Platform Heels Outdoor/ Dress/ Casual Black/ White/668-1 Parent B01FZJLR48 2a2089e -

  • 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
Minitoo L203 Women's Stiletto High Heel Synthetic Latin Salsa Ballroom Dance Sandals Parent B0196P0VQW , MINITOO L203 Women's Stiletto High Heel Beige Synthetic Latin Salsa Ballroom Dance Sandals 7 UK Parent B0196P0UJK , Superga Women’s 2750 Paireflexmattw Sneaker Parent B078WMZ2TT , Asics Gel-Lyte III, Unisex Adults' Trainers Parent B00ZTWK4PKadidas Women's PowerAlley 3 Collegiate Royal/White/Grey Metallic Sneaker 7 M Parent B011OB5YB8 , ZEVONDA Sequin Round Toe Ladies Women's Ballroom Latin Tango Dance Pumps Shoes Parent B07CWRWM28Colors of California Hc.swech4, Women’s High Top Parent B009ZRIM72 , New Balance Womens Classics Traditionnels Suede Trainers Parent B01FSIEKVIReebok Classic Magic Hour Pack Womens Trainers Parent B072HK27X2 , adidas Superstar Up W S76406, Trainers Parent B07BGXT2DY , adidas ZX Flux W Blue/White/Red S77313 (Size: 7.5) Parent B011DD6LBO , Shimelle 343878 Buttons Embellishments, Multicolor Parent B07DQBGNW4 , Nalu Adults Blue Black Aqua Shoes Parent B004ZD6Y12 , adidas Women’s Cloudfoam Race W Sneaker Low Neck, Multi-Coloured Parent B01MYRCG9I , VECJUNIA Ladies Velcro High-Top Dance Trainer Dance Sneaker Walking Shoes Parent B01FW08XP6Converse Ladies X-Hi Elsie Rolldown Trainers Parent B0783NLKR9 , snfgoij Ladies Hiking Shoes Women Waterproof Walking Shoes Leather Large Size Hiking Shoes Outdoor Shoes Anti-Skid... Parent B07CY3PVRQShangYi Women's Shoes Heel Heels / Peep Toe / Platform Sandals / Heels Outdoor / Dress / Casual Blue / Green /... Parent B01FZJLDHESkechers Empire Round Up Women's Trainers Fitness Memory Foam Parent B01IVMGBKGNIKE Women’s WMNS Air Max 95 Lx Low-Top Sneakers, Multicolour (Wheat Gold/Wheat Gold/Black/Guava Ice 001), 6 UK Parent B07G7CJ5YV , T.T-Q Customized Women's Dance Shoe Bronze Parent B07FMXDQ7ZWXMDDN Female Latin dance shoes children's dance shoes soft soles blue dance shoes practice test shoes Parent B077HYTFP2Zenzzle Womens Running Shoes Colorful Unicorn Pattern Print on for Ladies Outdoor Running Sneakers Parent B07CR4R8W3 , NIKE Women’s Damen Laufschuh Free Run Flyknit 2018 Competition Shoes Parent B07B77929KPUMA Unisex Puma x Han Kjobenhavn Tsugi Kori Sneaker Drizzle 8 D US Parent B06Y2PWZ8S , HIPPOSEUS Girls' Latin Dance Shoes Ballroom Shoes,Model UK305 Parent B074LQP7BB , PUMA Unisex x Han Kjobenhavn Tsugi Kori Sneaker Drizzle 9.5 D US Parent B06Y3MMVHRPUMA Unisex Puma x Han Kjobenhavn Tsugi Kori Sneaker Drizzle 10.5 D US Parent B06Y39ZDCS , Steve Madden Women's Speed Fashion Sneaker Parent B072C8QPQ9
| 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: , , , , Easy Spirit Women’s Devitt10 Driving Style Loafer B07CD65KLS ParentCLARKS Women's Trigenic Flex Olive Combination 8 B US Parent B0754KXQYPSkecher Street Women's Moda-Nebulae Fashion Sneaker Parent B06X6NBMTC , WXMDDN Women's Shoes Spring Europe and America with The Students with Retro Casual Shoes Flat Shoes Parent B07F18TMXS , ZHZNVX Women's Shoes PU(Polyurethane) Spring/Fall Comfort Sneakers Flat Heel Round Toe Black/Red / Green Parent B07GZN5LLPPaco Mena Italia3, Women’s Ankle Strap Heel Sandals B01N0DNVIV ParentMINITOO Ladies TH046 Custom Make Red Satin Wedding Ballroom Latin Taogo Dance Sandals 5 UK B00TGYFDMG Parent , FLYRCX Autumn and winter European sexy sharp heel fine heel warm boots simple personality high heel party shoes B078DLL88G ParentPUMA Women's Suede Classic Glitz Blue Flower/Aquifer/Pearl 7.5 B US B074KHC3KV Parent , Paul Green Women's 7358018 Boots B01N0MPGC8 ParentBEARPAW Morgan Hickory Ii Womens Winter Boot Size 7M B06XYHMTJC Parent , HÖGL Women’s 3-10 4102 1000 Ankle Boots B01LZCJELZ ParentZHZNVX The new spring and summer high heels fashion hand embroidery star tip toe cross strap thick with sandals B07CLNLTTL Parent , Fashion lady anti-skid rain boots B072L22XM2 ParentBoutique 9 Women's Cerys Boot B0088Q1B3I ParentLBTSQ-Short Boots Thin Heels High Heels 8Cm Martin Boots Women'S Boots Sexy Pointed Naked Boots. B07H2TSZVS ParentOff White Diamante Reflective Peep-Toe Heels Brocade Platform Wedding Shoes B01F5HIUJK Parent , Calaier Women's Cadrum Court Shoes green Size: 9 UK B01N01MFS2 ParentDonald J Pliner Women's Ella-01 Pump B07CBZHJ59 Parent , Clarks Women's Aisley Orchid Wedge Sandal B01I5N2FVK Parent , Anne Michelle Ladies High Heel Wedding Court Shoes B00745WVRO Parent , High-Heeled Shoes - Rainbow 2018 New, 6.5cm Thick Heel Sandals Women's Baotou Shoes B07CYS49HS Parent , Hispanitas Sandal Women Black and White Strips B0156U9OJQ ParentMephisto Womens Cindy Leather Sandals B01NB0O0MA Parent , Clarks Women’s Sillian Stork Fisherman Sandal B074KLTJNM ParentSOHOEOS Summer New Platform Sandals for Women Flat Young Student Rome Strappy Sandals Casual Ladies B07DDG84PS Parent , Women Rivets Open Toe Stiletto Heels Sandals New Ankle Strap B07BHQSFD8 ParentLady's Platform And Wedge Sandals Women's Indoor Outdoor Comfortable Leather Wedge Sandals And Slippers Size 34... B07DTDB9ZR ParentIANGL High Heels The Word Red Summer is Worn by Baotou Sandals Ladies' Sexy Pointcuts and High-Heeled Shoes. B07FSMNN21 Parent , AgooLar Women's Peep-Toe High Heels Buckle Solid Sandals B01GNMPLSE Parent
Subscribe to Russell Investments blog

ShangYi Women's Shoes Heel Heels Shoes/ Peep B01FZJLR48 Toe Black/ Platform Heels Outdoor/ Dress/ Casual Black/ White/668-1 Parent B01FZJLR48 2a2089e -

  • 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.