Russell Investments Blog Man 29762/Woman 1-29612-20 Tamaris 1-29612-20 Womens Sandals Fine B079ND3PY7 Parent excellent quality High-quality materials Fine wild 23b4ac7 - Connect
Man 29762/Woman 1-29612-20 Tamaris 1-29612-20 Womens Sandals Fine B079ND3PY7 Parent excellent quality High-quality materials Fine wild 23b4ac7 -

Man 29762/Woman 1-29612-20 Tamaris 1-29612-20 Womens Sandals Fine B079ND3PY7 Parent excellent quality High-quality materials Fine wild 23b4ac7 -

  • 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
Mandèl Women's SANDALO Fashion Sandals White Bianco B079S7CJVT Parent , Mandèl Women's MD2056 Fashion Sandals White Bianco B079S8B9C4 Parent , Sandal Model Blanca Color Dark Brown Head in Faux Leather B079SKZJBF Parent , Sandal Model Blanca Bronze in Eco-Leather B079SCQDJ9 ParentMandèl Women's MD5111 Fashion Sandals Black Black B079S6VPML Parent , Sandal Model Paco Color Black in Faux Leather B079SFJSC5 ParentSandal Alberto Model in Black in Faux Leather B079SDQ4J4 ParentMandèl Women's MD2055 Fashion Sandals Black Black B079SH41SN ParentB.O.C. Women's, Mimi Wedge Sandals Pewter 10 M B079W7PJZ3 ParentSandal Model Alberto Color Dark Brown Head in Eco-Leather B079SH7KVG Parent , Man/Woman Steve Madden Womens NATI B079TCBJQZ Parent Exquisite (middle) workmanship Used in durability International big nameMandèl Women's MD5112 Fashion Sandals Brown Bronze B079SK1373 ParentMandèl Women's MD2057 Fashion Sandals Fuchsia B079SGJTP5 Parent , Mandèl Women's SANDALO Fashion Sandals Brown Bronze B079SLJBQP Parent , Josef Seibel Schwarz Black, (Schwarz) 87501971/100 B079VQLZF3 ParentMandèl Women's MD5110 Fashion Sandals White Bianco B079SN52BH Parent , Men's/Women's Spring Step Womens Malana B079SN3B11 Parent use New in stock valueMustang Ice Silver Peep Toe - Ankle Sandals B079T68JK9 Parent , Spring Step Womens FELIM Felim B079SHD5VN ParentGentlemen/Ladies Steve Madden Womens Deniza B079TC4Z17 Parent New product Attractive fashion Acknowledgement feedbackMandèl Women's SANDALO Fashion Sandals Purple Purple B079SH41V5 Parent , Mr/Ms Steve Madden Womens Emeril B079TCM7BK Parent Guarantee quality and quantity High-quality materials various kinds , Gentleman/Lady Steve Madden Womens Rossa B079TD9JFQ Parent bargain luxurious Modern and elegant , IGI CO 11763 Womens Sandals B079THSTDL ParentMarila Womens Leather Sandals 1104 ES 61 B079Q8LML1 Parent , Men's/Women's Menbur 09547 Sandal Women B07B22R62Q Parent High security Make full use of materials Extreme speed logisticsRieker Gold Wedge Elasticated Pull On Sandal 35 B079QBT6W9 ParentLemon Jelly Women's Crystal 02 Synthetic Gladiator Sandals B07B2HLHZN ParentGentlemen/Ladies Gabor Eagle Sandals 83.705 B079T6LYMQ Parent Fine processing International choice Easy life
| 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: , , , , NIKE Men's SB Check Solarsoft Canvas Premium Skateboarding Shoes Parent B0037KE3E4 , Coolway Women's Salto Espadrille Sandal B00QRO13FY ParentWYMNAME Womens Latin Dance Shoes,Soft Bottom Adjustable Sandal Ballroom Dance Shoes Parent B07CWVR915 , Pump/Ankle-Strap/Women’s Heels/Closed Toe/During the spring and autumn women's shoes big yards to tie low with... Parent B07BJ79DWHFemale Wedding Flat With Pointed Silk/Party Evening & More Available Colors B0787X4VQ2 Parent , 1 pair of platform boots, black. Size: 38 B005XMCZAS Parent , Man's/Woman's Gabor 72.804G Womens Booties B06XKBR1D3 Parent Not so expensive Strong value Very practical , IGI&Co 2161133 Stivaletti Women Red 37 B07HKPD23S Parent , Aerosoles Women's with Pride Riding Boot B0098LHN66 Parent , ILSE JACOBSEN Alica Zip Boots Black B07G3587BP ParentFitflop Women’s Mukluk Shorty 2 Ankle Boots B01LFDMEAO ParentTamaris Women’s 25326 Ankle Boots, Black, 3 UK B01FZAN650 ParentZormey Women'S Heels Spring Summer Fall Synthetic Wedding Casual Party &Amp; Evening Stiletto Heel Sequin Gold... B072NJ1SLW ParentZHUDJ Women'S Shoes Winter Snow Boots Boots Flat Heel Round Toe For Casual Party & Evening Army Green Gray Black B0784Q9HMX Parent , Indigo Rd. Women's Satori Ankle Bootie B01IL20I96 ParentFind Nice Womens Fashion Kitten Heel Dress Pumps Bride Wedding Peep Toe 0700-006A B07G79R443 Parent , Laura Biagiotti Women's Court Shoes Blue Blue B078Y7XXKV ParentV1571 Seductive Red Classic Patent Pump with Pointed Stiletto Heel in Black and Red B019A4NCQK Parent , 1TO9 Girls Bowknot Round Toe Outdoor Frosted Pumps Shoes B072LTCZXR Parent , Odomolor Women's High-Heels PU Solid Buckle Closed-Toe Pumps-Shoes, Black, 35 B07BBHNTLS ParentPleaser Women's Synthetic Flamingo Sandal B00YEHNBHE ParentAJUNR New/Fashion/Work/Ladies In The Spring Of Metal Snaps Party Head Shoes Girls Are Told That Bold 3Cm Followed... B07C54G6DS Parent , Jqdyl High heels Fish Mouth Sandals Shoes High Heels Summer Middle-Aged Mother'S Ladies Shoes B07DMNMZ4V ParentExing Women's Shoes Summer Roman Style Women's Sandal Clip Toe Flip-Flops with Muffins and Sandals Female Models B07C3ZGKVX Parent , GRACE SHOES 1705 High Heeled Sandals Women B07CW6L51D ParentAisun Women's Dressy Self Tie High Stilettos Sandals with Flower B07CGQ4JVS Parent , Coolcept Women Summer High Heels Sandals Floral B07D37QMFN Parent , Gold & A18 JB793 Sandals Women B07DR8V1WZ ParentSuetar Ladies Bohemian Flat Rhinestone Sandals Summer Big Size Thong Sandals for Women Fashion and Comfort B07GC3M591 Parent , Socofy Soft Leather Sandals,Retro Fashion Flower Block Hoop Loop Comfortable Round Head Mid Heel Shoes Comfort... B078YV7V9N Parent ,
Subscribe to Russell Investments blog

Man 29762/Woman 1-29612-20 Tamaris 1-29612-20 Womens Sandals Fine B079ND3PY7 Parent excellent quality High-quality materials Fine wild 23b4ac7 -

  • 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.