Russell Investments Blog Bruno Banani Women’s Bruno 262 Women’s 362 262 Combat Boots B07CFN19SF Parent 1040bb0 - Connect
Bruno Banani Women’s Bruno 262 Women’s 362 262 Combat Boots B07CFN19SF Parent 1040bb0 -

Bruno Banani Women’s Bruno 262 Women’s 362 262 Combat Boots B07CFN19SF Parent 1040bb0 -

  • 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
Laura Biagiotti Women’s 5230_ba Desert Boots B07D71HHH8 Parent , Laura Biagiotti Women’s 5230_ba Desert Boots (Black 01), 4 UK B07D71FTTH Parent , Marco Tozzi Women’s 25844-31 Ankle Boots B07D773PSF ParentMarco Tozzi Women’s 25018-31 Ankle Boots B07D76ZH59 Parent , Marco Tozzi Women’s 25015-31 Ankle Boots B07D77VPVW ParentMarco Tozzi Women’s 25850-31 Ankle Boots B07D77SWGL ParentLost Ink Women’s Jett Cleat Chelsea Boot B07D7R17BD Parent , Marco Tozzi Women’s 25841-31 Chelsea Boots B07D78LYYQ Parent , XTI Women’s 48453 High Boots B07D9DXNCD ParentXTI Women’s 48468 Ankle Boots B07D9DX8F3 Parent , XTI Women’s 48440 High Boots B07D9DZ5XG Parent , XTI Women’s 30937 High Boots B07D9DXNGB ParentXTI Women’s 48442 Ankle Boots B07D9FLDY7 ParentXTI Women’s 48496 Biker Boots B07D9DZ7XD Parent , XTI Women’s 48441 High Boots B07D9G28T8 ParentXTI Women’s 48572 Biker Boots B07D9G1425 Parent , Roxy Women’s Juneau Snow Boots B07DHTBK4T ParentESPRIT Women’s Luna Bootie Slouch Boots B07DGM5DRT ParentDockers by Gerli Women’s 37ce313 High Boots B07DJL2VY4 ParentDockers by Gerli Women’s 37ce215 High Boots B07DJKYV2F Parent , Dockers by Gerli Women’s 35iz328 High Boots B07DJSNPGM Parent , Dockers by Gerli Women’s 43jy301 Combat Boots B07DJLKS9Q ParentDockers by Gerli Women’s 43fa301 Combat Boots B07DJT3TRP ParentDockers by Gerli Women’s 43ca301 Combat Boots B07DJSYL71 ParentTamaris Women’s 25049-31 Ankle Boots B07DK2J646 ParentTamaris Women’s 24410-21 Ankle Boots B07DJXTZ9L ParentTamaris 25203-21, Women’s Ankle Boots B07DK33H6N ParentTamaris Women’s 25229-21 Ankle Boots B07DK2SM45 Parent , Tamaris Women’s 25429-21 Ankle Boots B07DK3F3D5 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: , , , , Bloch 232 Pink Debut Satin Ballet 8s B Fitting Narrow Parent B00BJL63CS , MINITOO Women's Ankle Strap Cut-Out Flared Heel Satin Bronze Modern Dance Shoes Comfortable Sandals 6.5 M UK Parent B011762Z94NIKE Men’s 844613-400 Fitness Shoes Parent B072C977HKECCO Soft 8 Ladies, Women’s Fashion Sneaker Parent B01MUENMVBNew Balance Women’s Zapatillas Kv373aty Fitness Shoes B07B6R2QV2 Parent , Waldlaufer 225006 Ginger Memphis Sandal - Off White - 3 UK B01C8Q1RXM Parent , Wuyulunbi@ Women'S Shoes Silk Spring Summer Basic Pump Wedding Shoes Low Heel Peep Toe Buckle For Wedding Party... B078YB57VF Parent , adidas Originals Women's Superstar W, White/Supplier Colour/Legacy, 5.5 M US B071S6LTGD Parent , TWGDH High Heel Wedges Shoes Ladies Flower Pearls Sandals Peep Toe Ankle Strap Platform Shoes Footwear B07D14S2WT ParentJKHGJUH Fashion Chain Fashion Multilayer Wafer Beads Barefoot Sandals Anklet Foot Chain for Women Girl B07GNDRBZ6 ParentYiiquan Womens PU Leather Martin Boots Vintage Short Boots High-Top Motorcycle Boots Low Heel Shoes B0762RN6RH Parent , HBDLH Scarpe da donna/Boots And Ankle Boots Retro Old Colors Chelsea Boots Martin Boots Women'S Boots. B07FC8C36C Parent , Marco Tozzi Women’s 25400 Ankle Boots B01BKG5F34 Parent , Aldo Womens aurella-81 Closed Toe Mid-Calf Fashion Boots B076BRT23K Parent , Marks & Spencer M&S Collection T026034A Suede Ruched Knee High Boots RRP £99 - Grey - UK 4.5 B07D3Y84X5 Parent , 1TO9 Womens Solid Casual Travel Urethane Pumps Shoes MMS06458 B07HK8S722 ParentMarco Tozzi 22443, Women’s Closed Pumps B077NPPGPF Parent , NVXIE Women's Sexy Ankle Strap Chunky High Heel Sandals Peep Toe Strappy Ladies Leopard Shoes B07FSHM3B5 Parent , Zinda 2808, Women’s Heels Sandals B06XSQVFVS Parent , Splendid Women’s Baldwyn Flat Sandal B071K7BDPB Parent , Fashion 1 Word Buckle High Heels Elegant Thick With Roman Shoes B073Z89M37 Parent , Pleaser Women’s Ado708ls/C/M Platform Dress Sandal B00B471AQG Parent , ZHANGYUQI High heel sandal Female upscale fashionable metal leather one word buckle belt coarse and elegant shoes... B07DHF2VWJ ParentRFF-Spring, summer and autumn shoes Heels Sandals/Ankle Strap Sandals/Open Toe Sandals/Women’s Sandals/Pu Fish... B07DRL9X89 ParentBATIC Women's Sandals Brown Leather AE160 (5 UK / 38 EU) B06W5W5DR1 Parent , Papillio Womens by Birkenstock Florida Leather Sandals B073JHLM3P ParentGrunland SA1708 Code Sandalo Donna P. B07B42VLW7 ParentShepherd of Sweden Womens Luxury Sheepskin Boot Slippers B077S9M4MR Parent , AN Womens Non-Marking Huarache Travel Urethane Sandals DIU00900 B07FH7VNSF ParentBerkemann Women’'s Phoebe Sling Back Sandals B074PSRR8S Parent
Subscribe to Russell Investments blog

Bruno Banani Women’s Bruno 262 Women’s 362 262 Combat Boots B07CFN19SF Parent 1040bb0 -

  • 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.