Gentlemen/Ladies Salming Speed 3 Womenâ€™s Parent B01C24K2H2 use New design Known for its excellent quality
YMFIE Ladies New Summer butterfly dew toe hollow high heel shoes frosted Suede Sandals. Parent B07CY2XMLF , WX Ballet shoes soft bottom dance shoes canvas ballet adult shoes cotton gymnastics shoes low heel teachers shoes... Parent B07DN7HSG3 , Trespass Illya, Women’s High Rise Hiking Boots Parent B01KFS45B6
CFP YYC-L070 Womens Sexy Latin Tango Ballroom 3 Inch Heel Professional Satin Dance Shoes Parent B017SU7NQ8 , Salabobo L070 Womens Comfort Latin Cha-cha Wedding Peep Toe Professional Satin Dance Shoes Parent B01M1VUXF8 , Skechers Flex Appeal Arrowhead, Women's Multisport Outdoor Shoes Parent B013BC2L5KGalaxy S6 Edge Flip Wallet Case, Samsung Galaxy S6 Case Leather [Cash and 9 Card Slots], BONROY Retro Premium... Parent B078BMWR6M
BTBTAV In The Summer Outdoor Anti-Slip With A Flat Base Cool Slippers European Code (35) Pink Parent B07DLSY92P , Zenzzle Womens Running Shoes Doodle Letter Pattern Print for Ladies Outdoor Running Sneakers Parent B07CLG7BB3PLOT❤Newborn Baby Girls Boys Striped Anti-Slip Elastic Band Canvas Shoes(Infant/Toddler) Parent B07H4FMSXD
Gentlemen/Ladies Skechers Galaxies, Women’s Trainers Parent B074PX3245 Fashion pattern Impeccable Elegant and robust menu , Zenzzle Womens Running Shoes Graphic Islamic Pattern Print for Laides Outdoor Sneakers Parent B07CR8Q9DH , RUGAI-UE The Rivet Is Fine With Sandals Are Female Black All-Match Word Buckle Shoes Parent B072MCJJVC
WliYaGgWomen Summer Fashion Solid Color Fabric Ruffles Flat Slipper Sandals Beach Shoes - White 40 Parent B07HCJNQ4F , RTRY Women'S Sandals Pvc Summer Outdoor Crystal Flower Wedge Heel Silver Blushing Pink 1In-1 3/4In Silver Us6... Parent B074CW9SM6 , RTRY Women'S Sandals Pvc Summer Outdoor Crystal Flower Wedge Heel Silver Blushing Pink 1In-1 3/4In Silver Us9... Parent B074CWSV3V , Pro Touch Women’s Damen Schuh Rebel Multisport Indoor Shoes, Weiß/Purple Parent B0132OMXJQRTRY Women'S Sandals Pvc Summer Outdoor Crystal Flower Wedge Heel Silver Blushing Pink 1In-1 3/4In Silver Us6.5... Parent B074CWPDFV
Zenzzle Womens Running Shoes Colorful Summer triba Pattern Print for Ladies Outdoor Running Sneakers Parent B07CKTNQQJ , RTRY Women'S Sandals Pvc Summer Outdoor Crystal Flower Wedge Heel Silver Blushing Pink 1In-1 3/4In Silver Us8... Parent B074CWWT5SMen/Women Adidas Gazelle W Parent B071P8LWD1 High-quality Quality First Speed refund
Love Moschino Women's Shoe High Top Sneakers SCA Nod Gomma 60 VIT Nappato Nero Parent B07FJMVV2Y , Skechers SKEES Og 85, Women’s Sports Shoes Parent B014EMRRMS , FLYRCX Spring and summer foldable flat rhinestone pointed dance shoes pregnant women shoes shallow mouth soft... Parent B07G5S8VKS , Gola Women’s Tarum Running Shoes Parent B01LN1Q2L0
Rieker Women’s L0930 Hi-Top Trainers Parent B01J7EB1Q6 , Converse Womens Chuck Taylor All Star Femme Studs HI Trainers Parent B00ITV5TVM , SHOESHAOGE Slotted Tie Pink Casual High-Heeled Shoes In Bold With The Tip Of The Air With Sandals Female Satin... Parent B07BGZ4RSN ,
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.