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 ParentLaura 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 Parent , Marco Tozzi Women’s 25850-31 Ankle Boots B07D77SWGL Parent , Lost 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 Parent , XTI Women’s 48468 Ankle Boots B07D9DX8F3 ParentXTI Women’s 48440 High Boots B07D9DZ5XG ParentXTI Women’s 30937 High Boots B07D9DXNGB ParentXTI Women’s 48442 Ankle Boots B07D9FLDY7 ParentXTI Women’s 48496 Biker Boots B07D9DZ7XD ParentXTI Women’s 48441 High Boots B07D9G28T8 ParentXTI Women’s 48572 Biker Boots B07D9G1425 ParentRoxy Women’s Juneau Snow Boots B07DHTBK4T Parent , ESPRIT 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 Parent , Dockers by Gerli Women’s 43fa301 Combat Boots B07DJT3TRP Parent , Dockers by Gerli Women’s 43ca301 Combat Boots B07DJSYL71 ParentTamaris Women’s 25049-31 Ankle Boots B07DK2J646 ParentTamaris Women’s 24410-21 Ankle Boots B07DJXTZ9L Parent , Tamaris 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: , , , , VECJUNIA Ladies Dance Trainer Dance Sneaker Walking Shoes Parent B01FJSTU3UBovake Kids Barefoot Shoes ★ Soft Quick-Drying Breathable Sport Walking Shoes - Swim Yoga Beach Running Snorkeling... Parent B07DCWG2QC , MINITOO Women's Cross Strap Glitter Purple Satin Latin Dance Shoes 3 M UK Parent B00Z0DCR7QZenzzle Womens Running Shoes Colorful Pattern Print on for Ladies Outdoor Running Sneakers Parent B07CR11KFC , Pataugas Women’s Bono/Vc F4d Hi-Top Trainers Parent B07CF4YMVP , FunnyPrint High Top Skate Shoes for Women Traveling Sneaker Suitable for All Seasons Parent B07HQJQ5PG , Man's/Woman's Jenny Women’s Portland Trainers Parent B071LM265Y Crazy price, Birmingham Primary quality Quality and consumer firstEtnies Women’s Scout Xt W's Skateboarding Shoe, Blue B01MR9660K ParentZFYSS Toes Slippers Girls Summer Crystal Rough Heels Cool Slippers Transparent Word Belt 7Cm High Heel. B07DHF57SC ParentHGTYU-Autumn And Winter New Round Head Fine With Short High Heeled Boots Side Zipper Waterproof Taiwan Thick Bottom... B078PYTVB7 Parent , KPHY-Autumn Bow Pointed Metal Women'S Shoes Fine With The Middle Wild Single Shoe.Thirty-Four Gules B07GGMZKZS Parent , Miss KG Rose, Women’s Open Toe Sandals B01MCWQYN0 Parent , Wuyulunbi@ Women'S Shoes Autumn And Winter Fashion Boots Boots Flat Shoes Tip Toe Boots / Ankle Boots Gore Casual... B0788KLP1B Parent , Bbdsj Buckle Belt Women High Heels Sexy Fashion Heels 9cm Pointed Heels Hollow Belt Buckle High Heels Professional... B0777R9M9S Parent , Renly Womens Classic Suede Work Shoes Ankle Boots B07GPH2T2Y ParentNAN Rain Boots Women Short Tube Boots Fashion Boots Flat Shoes Waterproof Non-slip Rubber Boots Shoes Adult Water... B07CBM5KJ6 ParentLBTSQ-Thick And Short Boots Martin Boots Super High Heels Women'S Shoes Waterproof Platform Short Tube 9Cm Fashion... B07H2TNZXS Parent , Laruise Women's Leather Pumps Shoes B01IBW8OT2 Parent , Maria Mare Women’s 62347 Closed Toe Heels B07F72ZP86 ParentAngkorly Women's Fashion Shoes Thigh Boot Boots - Stiletto - Cavalier - Soft Stiletto High Heel 10.5 cm B07C8QT8R5 ParentKtc Women's Gold Eyelett Boots B01N6B5LMP Parent , Mashiaoyi Women's Pointed-Toe Stiletto Buckle Bowknot Court Shoes B07C8LZGLH Parent , HeelzSoHigh Ladies Slip-On Black Satin Peeptoe Elegant Evening Prom Court Shoes Sizes 3-8 B07G5HXYH2 ParentLes Tropéziennes par M. Belarbi Women's Herisson Sling Back Sandals B078BP1D1Y ParentMr/Ms Grunland Lena cbo264 B01ECWUK5G Parent Outstanding features Lush design Outstanding functionYMFIE Fashion personality zona diamond heel heel ladies' summer toe sandals. B07D7V4HPM Parent , Badgley Mischka Women’s Ganet Heeled Sandal B074Q92VQK ParentQupid Women's Bosa-01 Dress Sandal B01MDP05JM Parent , AllhqFashion Women's Buckle High-Heels PU Assorted Color Peep Toe Heeled-Sandals B01J5E5B4G ParentGRACE SHOES E6460 Sandals Women B071LPQHW8 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.