Russell Investments Blog Nine West Women's Women's Ballico Parent Pony Ankle Bootie West B01EV9L00E Parent d186fc8 - Connect
Nine West Women's Women's Ballico Parent Pony Ankle Bootie West B01EV9L00E Parent d186fc8 -

Nine West Women's Women's Ballico Parent Pony Ankle Bootie West B01EV9L00E Parent d186fc8 -

  • 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
Fergalicious Women's Cilla Slouch Boot B01F3DJGPI Parent , CL by Chinese Laundry Women’s Valto Boot B01EZYUQTG Parent , Rieker Women’s Y8871 Ankle Boots B01F3KG9RY ParentRieker Women’s L67 Ankle Boots B01F3K53U8 ParentCL by Chinese Laundry Women’s Via Boot B01EZYVJ0G Parent , Rieker Women’s Y6762 Ankle Boots B01F3K9OJE ParentRieker Women’s Y6664 Chelsea Boots B01F3K98MW Parent , Dockers by Gerli Women’s 39si306-402320 Ankle Boots B01F4B6SKA Parent , Dockers by Gerli Women's 39SI301-3023 Boots B01F4BATS2 ParentDockers by Gerli 37ce207-610, Women’s Ankle Boots B01F4B929O Parent , Dockers by Gerli Women’s 39si304-302850 Combat Boots B01F4B8ZZ6 ParentDockers by Gerli 39si302-302200, Women’s Warm-Lined Short-Shaft Boots and Bootees B01F4BBQDE ParentDockers by Gerli Women’s 37ce206-610 Ankle Boots, 4 B01F4BBR0Q ParentDockers by Gerli Women’s 37ol207-630221 Ankle Boots, Grau (Dunkelgrau/Schwarz 221) B01F4BTKU0 Parent , s.Oliver Women’s 25375 Ankle Boots B01F6ZWP92 ParentRieker Women Ankle Boots red, (vinaccia) Z4541-35 B01FTZV78Y ParentLauren by Ralph Lauren Womens Genna Leather Closed Toe Ankle Fashion Boots B01F4T2TGY Parent , Not Rated Women's Crunch Time Ankle Bootie B01F6BYPYY Parents.Oliver Women’s 26436 Ankle Boots B01F700E4E ParentMARCO TOZZI premio Women’s 26834 Slouch Boots B01FVRF38A Parents.Oliver 26412, Women’s Ankle Boots B01F6ZZQMK ParentMTNG Women Boots 52834 C17938 FELPI Negro B01FHGM6W6 Parents.Oliver Girls' 55606 Long Boots B01F70B4M0 Parent , Hunter Original Clear Leg Women US 5 Brown Rain Boot UK 3 B01FLALEQ2 ParentBorn Womens Carin Leather Closed Toe Ankle Fashion Boots B01F7U1VH8 Parents.Oliver Women’s 26440 Ankle Boots B01F700Q0G Parent , s.Oliver Women’s 25429 Ankle Boots B01FDLOP3S Parent , s.Oliver Women’s 25444 Ankle Boots B01F6ZXRNA ParentIrregular Choice Women’s Think About It Ankle Boots B01FDM0JAA 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: , , , , adidas Samba W, Women’s Sneakers Parent B072Q61M5Q , Monie Women's Standard 3" Floral Ballroom Salsa Latin Tango Dance Strappy Shoes Parent B01H91T15M , adidas Tubular Viral W - S75910 Parent B07849TF7LVECJUNIA Ladies Classics Wedge Platform Sneakers Hook and Loop Running Breathable Outdoor Casual Shoes Parent B072WNL3Q8Huawei Honor 8 Leather Case,Huawei Honor 8 Wallet Case,Huawei Honor 8 Shockproof Case,Herbests Luxury Bling Glitter... Parent B07DLQMVHDMiyoopark Ladies Closed Toe Buckle Satin Latin Dance Pumps Wedding Shoes MY-L157 Parent B01N7AGLX1Bugatti Women’s 421291315969 Hi-Top Trainers, 5234-Beige-Rose Parent B0761XGGYX , Katy Perry Women’s The Mollie Sneaker Parent B07536VM4K , LvYuan ggx Women's Heels Comfort PU Spring Casual Red Black Flat, black, us5/eu35/uk3/cn34 B074CWZN3Z Parent , CAFÈ Noir EA123 Boot Women B075F6WW17 ParentAlma en Pena Women's Velvet Embellished Boots Brown B07H5RVHFZ Parent , Vasque Women's Coldspark UltraDry Snow Boot B019QDNTI6 ParentHCBYJ High heels Women's boots autumn winter slim thigh high boots elastic girls over the knee boots high heels B07GZRN2R7 Parent , GRACE SHOES 206 Decolletè Women B01MFG1PBN Parent , MINITOO GYMZ697 Womens Round Toe Black Satin Evening Party Prom Bridal Wedding Shoes Pumps Sandals Flatfs UK 7.5 B074RZ3JN9 ParentLUCKY ROAD High Heels Sandals Fashion Modern Stiletto Heels Women Bride Satin High Heels Pumps Wedding Sandals... B07DH8JTG2 Parent , Bordello Teeze-05 - sexy burlesque high heels - sizes 3,5-9, Size:EU-37 / US-7 / UK-4 B00A47QOHC Parent , Vero Moda Women’s Vmgloria Boots B06ZZDVT7V Parent , Lexus Z054 Shanika Ladies fashion peep toe shoe with a diamonte trim on front of shoe B00NA93LD6 ParentCUTEHEELS Court Shoes with Stiletto and Pointed Toe Sexy Heels with Large Size Available for Business Women B07CXYYP22 Parent , Gentlemen/Ladies Sigerson Morrison womens Aggie B06VW6BR7Z Parent Excellent craft Quality First Various , Hyun Times Red High Heels Fine with Pointed Shoes B07BR1SPYH Parent , Marc Fisher Women’s Rayz Sandal, US B01N5FHCDL ParentEasemax Women's Chic Peep Toe Ankle Buckle Strap High Stiletto Heels Platform Cutout Faux Suede Sandals B0758DJ3LJ Parent , Ladola Womens Square Heels Chunky Heels Electroplate Heel Urethane Sandals DIU00548 B07D23B1JX Parent , XTI Women’s 30679 Ankle Strap Sandals B0778YFP6R ParentGentlemen/Ladies Jellypop womens Lynne B06XQ6M6R4 Parent Promotion Has a long reputation Lightweight shoesYTTY Leather Slippers A Rhinestone Muffin,Khaki,35 B0736R656G ParentHeitmann Women's Slippers Brown BROWN B005NOAT0O Parent , AllhqFashion Women's Split Toe No Heel Soft Material Solid Zipper Sandals B01GYNVWVW Parent ,
Subscribe to Russell Investments blog

Nine West Women's Women's Ballico Parent Pony Ankle Bootie West B01EV9L00E Parent d186fc8 -

  • 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.