Russell Investments Blog BCBGeneration nhta-30267 Women's BG-Soho Dress Parent Sandal Sandal B012CVDI7Q Parent d588876 - Connect
BCBGeneration nhta-30267 Women's BG-Soho Dress Parent Sandal Sandal B012CVDI7Q Parent d588876 -

BCBGeneration nhta-30267 Women's BG-Soho Dress Parent Sandal Sandal B012CVDI7Q Parent d588876 -

  • 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
Musse & Cloud Women's Inaya Flat Sandal B017X6QRUA ParentDr. Scholl's Women's Pacific Slide Sandal B017XJ576C Parent , Jerusalem Sandals Women's Tzippora Gladiator B018HOWA12 ParentBCBGMAXAZRIA Women's Dune Platform Dress Sandal B018KIPECC Parent , Penny Loves Kenny Women’s Matrix Gladiator Sandal, Gold B0193EPPJO ParentFranco Sarto Women's L-Quentin Slide Sandal, Red, US US B019JA1YBU ParentCL by Chinese Laundry Women’s Gateway Heeled Sandal, Black, 4 UK B019O7KC4S ParentCL by Chinese Laundry Women’s Portia Wedge Sandal, Burnished Black B019O7M6JC Parent , Billabong Women’s Weeping Willow Slide Sandal B019PLKHNO ParentMadden Girl Women’s Fonduee Flat Sandal, White Mult B019QQXQUE ParentCL by Chinese Laundry Women’s Most Wedge Sandal B019R4RDDQ Parent , CL by Chinese Laundry Women's Tangie Wedge Sandal B019RKCH8Q Parent , CL by Chinese Laundry Women’s Tangie Wedge Sandal, Black, 6 M US B019RKCHAO Parent , Easy Street Lauria, Women’s Wedge Sandal B01AB6JOPO Parent , G.H. Bass Women’s Taylor Wedge Sandal, Bronze, 6 M US B01APXIL16 ParentGroov-e Women’s Austin Dress Sandal B01BGFCDRU Parent , Nine West Women’s Deasia Metallic Dress Sandal B01BI2C6NC Parent , Sudini Women’s Olivia Dress Sandal B01BN24JIM ParentMan/Woman SPM 13484918 Womens Sandals B01CCY67KI Parent Packaging diversity New in stock Direct business , Shellys London Women's Dana Heeled Sandal B01CG1Y7UO ParentShellys London Women's Fiona Heeled Sandal B01CG1ZPGO Parent , Shellys London Women's Lessty Platform Sandal B01CG2112K Parent , 2 Lips Too Women's Too Humble Wedge Sandal B01CRWKUJY Parent2 Lips Too Women's Too Umbre Wedge Sandal B01CRX0VFQ Parent , CL by Chinese Laundry Women’s Night Time Dress Sandal B01CUYRFOW Parent , CL by Chinese Laundry Women’s Starina Gladiator Sandal B01CYF38DO Parent , Margaritaville Women's Pianosa Heeled Sandal B01CYWWSBA Parent , Menbur Women's Petunia Dress Sandal B01DGLF3KG Parent , Adrianna Papell Women's Vonia Dress Sandal B01E5U0FSM 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: , , , , Skecher Street Side Street - Glitter Star Cut Out, Women’s Sneaker Parent B0742SVK7RPuma Women's Blaze Deep Summer Sneaker Parent B010FRWOO2 , adidas Originals 3MC Skate Shoe White/Gold Metallic, 10 M US Parent B077X6WXDXDC Women’s Heathrow Skateboarding Shoe Parent B01H5E8D2USkechers Sneaker 898 Black - Nero, 39 B07FTPXK1J Parentadidas outdoor Women's Terrex AX2 CP Black/Black/Ash Green 6 B US B078WG9YWF ParentMr/Ms Ten Points Women's Boots B07GJ9JWBR Parent bargain The highest quality material British temperament , Alma en Pena Women's 115 Boots B075CW87LB Parent , AGECC Women'S Boots Autumn And Winter Round Head Frosted In The Middle Tube Thin Fur Balls Are Decorated With Snow Boots. B07HHYFH7B ParentWomen Boots High Flat Boots Punk Paillette Style Zipper Motorcycle Booties B0747SCS73 ParentHBDLH Women's shoes/High Heel Short Boots Waterproof Tables Martin Boots Wild Roughneck Round Head Gauze Velvet... B07H2RF86C Parent1TO9 Womens Bandage Wedges Platform Black Leather Pumps Shoes MMS04437-4.5 UK B077MNYW9P Parent , AdeeSu Ladies Peep-Toe Electroplate Heel Low-Cut Uppers Frosted Pumps Shoes B06XKR2M1Z Parent , AdeeSu Womens Round-Toe Platform Bridal Solid Sequin Pumps Shoes SDC03832 B0778VS38X Parent , Hush Puppies Women’s Maybe Marloe Closed-Toe Heels B073H4XHB1 Parent , XQY Women'S Shoes - Autumn And Winter Snow Boots Warm Women'S Booties/Cotton Shoes/High Heel Women'S Shoes / 35-42 B07J6HL1DW Parent , YE Women's Platform Stiletto High Heel Ankle Strap Court Shoes with Flower Sandals Summer Pumps B07D5DXP42 Parent1TO9 Womens Leopard Tassels Glass Diamond Gold Polyurethane Pumps-Shoes - 2 UK B06XR6JS38 Parent , Odomolor Women's Kitten Heels Soft Material Solid Buckle Round Closed Toe Pumps-Shoes B072J25S49 Parent , DecoStain Womens Causal Bow Tie High Heel Platform Pumps Court Work Sweet Dress Shoes B07B69R4D7 ParentOdomolor Women's Pull-On Kitten-Heels PU Solid Closed-Toe Pumps-Shoes, White, 34 B07BBN59Z3 Parent , Man's/Woman's Benavente Women’s 111331 Peep-Toe B07BZNZFJB Parent Outstanding features Stylish and charming British temperamentAllhqfashion Women's Solid PU Low-Heels Closed-Toe Buckle Pumps-Shoes,FBUDD012121 B07HHS5YZH Parent , Reebok Women's Realflex Train RS 2.0 Indoor Court Shoes B00SXOW7O2 Parent , Angkorly Women's Fashion Shoes Brogue Shoe - Jewelry - Fringe - Perforated Wedge Platform 3 cm B06X8ZZ1X2 Parent , Badgley Mischka Women’s Thom Flat Sandal B072MT4VQ5 Parent , LNGXE Womens Sandals Vintage Buckle Strap WSXY-L0523 Retro Heel Gladiator Open Toe Summer Design Elastic Flat... B07FTTX5S4 Parent , MLGSDW Single Shoes Female New Sharp High Heel Shoes Thin Shallow Patent Metal Buckles Sexy Women'S Shoesthirty-Sevenbeige B07HG3MQ5P ParentAalarDom Women's High-Heels Imitated Suede Solid Buckle Closed-Toe Sandals, TSDLH007755 B07H4KKCR7 Parent , YXLONG Single Shoes, Fashion Shoes, Pointed Heel Shoes, New Single Shoes, Pointed Fine Heel Shoes B07GP6LB12 Parent
Subscribe to Russell Investments blog

BCBGeneration nhta-30267 Women's BG-Soho Dress Parent Sandal Sandal B012CVDI7Q Parent d588876 -

  • 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.