Fly London SALV Leather Women's Low Wedge Chelsea Boot Black (3) B00NQY8LIK Parent , LBTSQ-Fashion Match Rivets Shoes High-Heeled Bare Boots 11Cm Fine Heels Waterproof Table Round Head Women'S Boots Sexy Cotton Boots Plush B07H2TQB1L ParentBoys and Girls Four Seasons Universal Rubber Rain Boots Cartoon Animal Rain Boots B07GFXFZY2 Parent
Calaier Women's Cabuild Boots beige Size: 9 B06XWS5XWX Parent , Top Shishang Martin boots autumn and winter flat bottom British wind short boots round head B07H85BMMX Parent , Clarks Women's Arisda Cashel Boot (8 B(M) US, Green Synthetic) B06W2FM4QX Parent , Sandalette-DEDE Sexy fashion, high heel boots, women's boots, pointed boots, women's boots. B07H7MJRHY Parent , Gentlemen/Ladies Yokono Women's DANNA-011 Boots B07HNRHT21 Parent Special purchase Latest styles Reliable reputation , Y-H Women's Shoes Leather Spring/Fall Bootie Boots Stiletto Heel Booties/Ankle Boots/Ladies Personality Stylish Martins Boots Party & Evening,A,35 B07HFTTSHL 35|a
Y-H Women's Shoes Leather Spring/Fall Bootie Boots Stiletto Heel Booties/Ankle Boots/Ladies Personality Stylish Martins Boots Party & Evening,A,36 B07HFV4LBN 36|a , Y-H Women's Shoes Leather Spring/Fall Bootie Boots Stiletto Heel Booties/Ankle Boots/Ladies Personality Stylish Martins Boots Party & Evening,A,38 B07HFTW4BC 38|a
Y-H Women's Shoes Leather Spring/Fall Bootie Boots Stiletto Heel Booties/Ankle Boots/Ladies Personality Stylish Martins Boots Party & Evening,A,39 B07HFVDJ6P 39|a , Y-H Women's Shoes Leather Spring/Fall Bootie Boots Stiletto Heel Booties/Ankle Boots/Ladies Personality Stylish Martins Boots Party & Evening,A,34 B07HFV555L 34|aY-H Women's Shoes Leather Spring/Fall Bootie Boots Stiletto Heel Booties/Ankle Boots/Ladies Personality Stylish Martins Boots Party & Evening,A,37 B07HFVVVQY Parent
Rain Boots Adult Rubber Wellies Waterproof Snow Rain Shoes for Spring Summer Winter B07D6GWKHS Parent , Top Shishang Boots side with side zipper Martin boots autumn and winter matte short tube B07H6XBX4H Parent
BalaMasa Womens Zipper Chunky Heels Ankle-High Urethane Boots ABL10646 B079452FKN Parent , XUANShoe L&L Women's Low Boots Tall Tube Boots Biker Riding Style Boots Student Boots Fashion Boots Retro Martin Boots Thick The Boots Anti-Static Single Boots Cortex 8054FD B07H5LV4BX Parent , QIAOShoe Q&Q Women's Low Boots Tall Tube Boots Biker Riding Style Boots Student Boots Fashion Boots Retro Martin Boots Thick The Boots Anti-Static Single Boots Cortex 8054FD B07H6FNJZM Parent
Gentlemen/Ladies Tamaris 1-25556-27 Womens Boots B01C4WNZ3A Parent superior product quality Simple , MAYPIE Womens Toabsen Leather Zipper Mid-Calf Boots B07H73FFRP Parent , QPYC Ladies Flat With Shoe Anti-Velvet Surface Inside And Outside All Genuine Leather Embroidery Flowers Bee Loose Cake Shoes Big Code B011QV1HFS Parent , Women's Pointed Rivet Slim High Heel Booties Fashion Wear Resistant Sleeve High Heeled Ankle Boots Commuter Office Boots (Heel Height: 15Cm) B07HHGRTTZ ParentTSNMNB Europe and the United States station in autumn and winter in the thick with color thin stovepipe pointed boots women's leather velvet over the knee boots with a single boot B07GLNL1LB ParentHBDLH Women's shoes/Thick And Short Boots Female Velvet Waterproofing Frosted Leather High Heel Shoes 8Cm Martin Boots Spring And Autumn Single Boots. B07H2QK4J3 Parent
Jushee Womens Juaccus 5.5 cm mid-Heel Ankle Zipper Wool Boots B07GR9MJLV Parent , AJUNR Work/Ladies Women's shoes In winter rough and velvet side zipper water drill decoration short boots waterproof table women boots B07H9WH3LF Parent , XQY Women'S Boots - High-Grade Round Head Low Heel Boots/Winter Warm Boots/Large Size Women'S Shoes 35-43 B07J6HB837 Parent
ZETA SHOES fhelsa2 – 72 Boots In Black Leather With Medium Heel Ankle MainApps B01N8PKQ6U 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.