Russell Investments Blog Odomolor Women's Kitten-Heels Pointed-Toe Solid Patent Leather Pointed-Toe Pumps-Shoes Pumps-Shoes B07CP5KM97 B07CP5KM97 Parent d679649 - Connect
Odomolor Women's Kitten-Heels Pointed-Toe Solid Patent Leather Pointed-Toe Pumps-Shoes Pumps-Shoes B07CP5KM97 B07CP5KM97 Parent d679649 -

Odomolor Women's Kitten-Heels Pointed-Toe Solid Patent Leather Pointed-Toe Pumps-Shoes Pumps-Shoes B07CP5KM97 B07CP5KM97 Parent d679649 -

  • 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
Allhqfashion Women's Pull-On Patent Leather Low-Heels Assorted Color Pumps-Shoes B07CPSJHZ3 ParentLOSLANDIFEN Parkside - Studded Ankle Strap Stilettos (UK 8, EUR 42, Nude) B07CPXRY4G Parent , Odomolor Women's Pull-On Round-Toe Low-Heels Imitated Suede Solid Pumps-Shoes B07CQD8J7X Parent , Odomolor Women's High-Heels Solid Buckle PU Round-Toe Pumps-Shoes B07CQJMSTB Parent , CHICMARK Court Shoes with Stiletto and Thick Platform Sexy Dressy Shoes with Large Size for Wedding Parties B07CPVXYWS ParentAllhqfashion Women's Pointed-Toe Kitten-Heels Patent Leather Pull-On Pumps-Shoes B07CQMTX56 ParentAllhqfashion Women's Pull-On PU Pointed Closed Toe Low-Heels Solid Pumps-Shoes B07CQLQ3L3 Parent , Odomolor Women's PU Solid Buckle Round-Toe Low-Heels Pumps-Shoes B07CQJ85LL ParentAllhqfashion Women's Round-Toe Pull-On Studded Low-Heels Pumps-Shoes B07CQFF991 ParentAllhqfashion Women's Frosted Solid Kitten-Heels Pumps-Shoes B07CPQ8DB3 ParentAicciAizzi Women Thin Heel Pumps Shoes B07CQLVLSQ Parent , Allhqfashion Women's Closed-Toe Buckle Pu Soild High-Heels Pumps-Shoes B07CPSLNHD Parent , Allhqfashion Women's Low-Heels Blend Materials Pull-On Closed-Toe Pumps-Shoes B07CQLVJXT Parent , Allhqfashion Women's Kitten-Heels Round Closed Toe Pull-On Pumps-Shoes B07CPSJHYP Parent , Allhqfashion Women's Low-Heels Solid Pull-On PU Round Closed Toe Pumps-Shoes B07CQMTXMG ParentAllhqfashion Women's Frosted Pull-On Closed-Toe Low-Heels Solid Pumps-Shoes B07CQN4GQN Parent , Allhqfashion Women's Solid Frosted High-Heels Round-Toe Pull-On Pumps-Shoes B07CQN4GQ8 ParentAllhqfashion Women's Frosted Solid High-Heels Round-Toe Pull-On Pumps-Shoes B07CQN4GQY ParentAicciAizzi Women Ankle Strap Sandals Shoes B07CQNMFH4 Parent , CHICMARK Court Shoes with Thin Heel and Pointed Toe Elegant Plaid Sandals with Large Size B07CQNMGZS ParentAllhqfashion Women's Pointed Closed Toe Upper Leather Solid Buckle Pumps-Shoes B07CQNMCJ8 ParentAllhqfashion Women's Pull-On PU Round Closed Toe Low-Heels Solid Pumps-Shoes B07CQQLTZQ ParentAicciAizzi Women Pointed Toe Court Shoes B07CQQHVZM ParentAllhqfashion Women's Pull-On Kitten-Heels PU Solid Round Closed Toe Pumps-Shoes B07CQQRNJP ParentAllhqfashion Women's Square-Toe Buckle PU Solid Kitten-Heels Pumps-Shoes B07CQQSB46 ParentOdomolor Women's Round-Toe Pull-On Pu Soild Low-Heels Pumps-Shoes B07CQRDDH9 ParentOdomolor Women's Kitten-Heels Pu Floral Pull-On Round-Toe Pumps-Shoes B07CQRM4WT ParentAllhqfashion Women's Round-Toe High-Heels Buckle Solid Pumps-Shoes B07CQRJNMW ParentAllhqfashion Women's Floral Kitten-Heels Pull-On Round-Toe Pumps-Shoes B07CQRNLV4 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: , , , , LOGAN Box, Women’s Low Trainers Parent B01N6S771Q , Dolce Vita Women’s Benicia Slide Sandal Parent B078BQRQJJTappers & Pointers Character Cuban Heel Shoes Parent B01AS4NKHMMINITOO Ladies TH120 High Heel Purple Satin Wedding Ballroom Latin Taogo Dance Sandals 4 UK Parent B0176A8TO0Romika Women’s Cordoba 01 Sneaker Parent B074G8CZ8JNike WMNS Benassi Solarsoft, Women’s Bathing Sandals B00N2DT0SK ParentHGTYU-The New Indoor Soft Leather Sandals Comfortable With Cool Slippers The Yarn With Bold Fish Mouth Sandals B078YHQB51 ParentRTRY Women'S Shoes Suede Fall Winter Comfort Novelty Fashion Boots Boots Flat Heel Pointed Toe Thigh-High Boots... B0784R7L8P ParentQWERTYUIOP Women's Latin Dance Shoes,Soft Bottom High Heel Seven Colors Satin Salsa Dancing Shoes Tango Social... B07HCRFF3S Parent , Skechers Women's Bikers-Herb Garden Mary Jane Flat B012W12RWS Parent1TO9 Womens Nubuck Casual Herringbone Urethane Pumps Shoes MMS06450 B07HHPYDRQ ParentAndres Machado.AM453.Patent/Faux Leather Platform Pumps with Stiletto Heel.Petite, Medium and Large sizes.Size... B0061JROVW Parent , Fly London Women’'s Poma Wedges B01LX7944K Parent , Andres Machado AM4104 Elasticated Boots in Suede.Petite & Large Sizes. B07GKWGK1P ParentMan's/Woman's Street Platinum B00079RBGU Parent selling price high quality retail price , Carolbar Women's Fashion Charm Mid Heel Bow Square Toe Court Shoes B071JTCQ9W ParentOdomolor Women's Solid Glitter High-Heels Pointed-Toe Pull-On Pumps-Shoes, Purple, 41 B07BBKCLWK Parent , TAOFFEN Women's Fashion Party Pumps Court Shoes Heels B07C8M3HS7 Parent1TO9 Womens Checkered Casual Travel Urethane Pumps Shoes MMS06269 B07GZNT7NH ParentKanna Camel and Python Effect Wedge Sandal B072Q2GBX7 ParentLh$yu Women Sandals Fish Mouth Sandals Boots Banquet Party Fashion Girl Temperament Boots Cool Boots, White, 39... B07CVWST1C Parent , DKFJKI Women's Sandals Stylish Shallow Pointed High Heels Dress Shoes Everyday Wear B07CLNDWKW Parent , Women's Ankle Strap Buckle Suede Frosted Leather Stiletto Sandals Commerce Evening Shoes B07CYVFJZC ParentNBWE Women's Ultra High Heels Satin Wedding Shoes Bridal Platform Fish Head Sandals,White-33 B07BWBTBVH Parent , ZPL Women's Ladies Mid Low High Heel Strappy Rhinestone peacock Party Wedding Prom Sandals Shoes Size B07CTP1LYV ParentJoie Womens Women's Nadav Platform Dress Sandal B01M65CST4 ParentALDO Women's Pryri Sandal, Black Synthetic, 7.5 B US B076DSCLSX Parent , SAPPHIRE BOUTIQUE JLH831 Bindi Ladies Gold Plated Diamante Strappy Padded Low Heel Sandals [Black, UK 8] B06XBNX9XH Parent , Yiwuhu Baotou Breathable Casual Shoes Students Two Wear Leisure Muffin Bottom Slippers Breathable (Color : Black... B07HF4WNBL Parent , FIND Women’s Ankle Strap Sandals B079G9KWKX Parent ,
Subscribe to Russell Investments blog

Odomolor Women's Kitten-Heels Pointed-Toe Solid Patent Leather Pointed-Toe Pumps-Shoes Pumps-Shoes B07CP5KM97 B07CP5KM97 Parent d679649 -

  • 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.