Russell Investments Blog Columbia Bugaboot Women’s Columbia Bugaboot Plus Iii Omni-Heat Hiking Shoes Hiking B00Q7WMZUS Parent aff8335 - Connect
Columbia Bugaboot Women’s Columbia Bugaboot Plus Iii Omni-Heat Hiking Shoes Hiking B00Q7WMZUS Parent aff8335 -

Columbia Bugaboot Women’s Columbia Bugaboot Plus Iii Omni-Heat Hiking Shoes Hiking B00Q7WMZUS Parent aff8335 -

  • 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
Romika Alaska 118, Women’s Snow Boots B00CAL9W10 Parent , Marc Shoes Women’s Melissa Biker Boots B01HK8K9PU ParentBugatti J6935pr5g9, Women’s Chelsea Boots B00TUYQ4G6 Parent , Tamaris 25303, Women’s Chelsea Boots B0765X582T Parent , Won Hundred Shoes Women’s Nessa Boots B074RNZDYD Parent , Desigual Women’s Shoes_Charly Blackstud Chelsea Boots B06XP6CT3T ParentMarco Tozzi Women’s 25606-21 High Boots B07D98N62C ParentGabor Shoes Comfort Basic, Women’s Ankle Boots B0728CF4MP Parent , Rieker Women’s 94773 High Boots B06XR7RCWV ParentGabor Elaine, Women's Ankle Boots B00JKU4QMO ParentMen's/Women's ara Toulouse-st, Women’s Boots B00CBSI8OY Parent Rich design Online Caramel, gentle , Clarks Kelda Pearl, Women’s Boots B06XCG6JLY Parent , Teva Women's Delavina Dos Chelsea Premium Leather Boot B01N6ILXY2 Parent , Rieker Women’s 78531 Ankle Boots, Beige, 3.5 UK B01EIJX870 Parent , Rieker Z6774, Women’s Ankle Boots B00K76C2JY Parent , Rieker Women’s 93157 High Boots B06XW6VXL8 Parent , Aisun Women's New Ankle Top Mid Block Heels Short Boots Shoes B075RYVV8G Parent , Rieker Barbara Womens Casual Boots B072PW2NQZ Parent , Shoe the Bear Women’s Asta Ankle Boots, Blue B01ESVH9DM ParentFly London Yat, Women's Biker Boots B00J9CSQK6 ParentMarco Tozzi Women’s 25512 Boots B0716XSX63 Parent , Viking Balder, Unisex Adults' Boots B00R6PSWQQ Parent , Art Harlem, Women’s Ankle Boots B071HNTJJY Parent , Shoe the Bear Women’s Kitty S Boots B06XRDYZDV Parent , Rocket Dog Women’s Tessa Chelsea Boots B079QKYRZ5 Parent , Fly London Womens Army 955 Suede Boots B074Q5VS1G Parent , Franco Sarto Women's L-Quinera Ankle Bootie, Grey, 10 M US B016F0CVJ6 ParentGeox Women’s D Stardust B Ankle Boots B0792P6P95 Parent , FIND Women’s Leather Ankle Boots B079G6L493 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: , , , , T.T-Q Customized Woman's Leatherette Ballroom Dance Shoes Silver Parent B07FMZLN65 , RTRY Women'S Sandals Comfort Pu Summer Casual Dress Block Heel Blushing Pink Black White 2In-2 3/4In Parent B075MC6XXB , Kappa Unisex Adults' Result Trainers Parent B07791R16N , Men's/Women's XSENSIBLE Women's Trainers Parent B07GF8X2XM Adequate supply and timely delivery Reliable performance Breathable shoesRebecca Minkoff Womens Nora Stud Parent B07693Y77V , Gentleman/Lady All-Match,Slip,Slope,With,Summer,Fashion,Sandals Parent B072R4T651 main category Modern design Tide shoes listMINITOO L201 Women's Mary Jane Gold Synthetic Latin Salsa Ballroom Dance Pumps 2 UK Parent B0196OZ2Q2Mizuno Women’s Wave Shadow 2 Low-Top Sneakers Parent B07F3GDN1MConverse Women’s Lifestyle Auckland Racer Ox Low-Top Sneakers, Multicolour (Black/Black/Light Gold 001), 9 UK Parent B074Y6JG1V , Chic Feet Womens Rhinestone Satin Prom Party Wedding Bridal Sandals Ladies Low Heel Bridesmaid Shoes B06XJV577F Parent , W&DX The Brightly Coloured Wings All Hits Shoes USB LED Light. B07BH37V21 ParentSaucony Womens Women's Liteform Feel Women's Liteform Feel B071G2QZ5K Parent , s.Oliver Women’s 25411 Ankle Boots B01FDMET88 ParentWomen's Handcrafted Ankle Booties Pointed Toe,MWOOOK-05 Slim Pump High Heel B07HC5R6QX ParentMen's/Women's Naturalizer womens Westing B01N7MRKWP Parent Ideal gift for all occasions New style List of explosionsKHSKX-Autumn And Winter Shoes Thickened Warm Soft Non Slip Bottom Shoes Middle-Aged Mother Grandma Loose Women... B0783MZZ8P Parent , ZHZNVX Women's Shoes PU(Polyurethane) Spring & Summer Comfort Heels Stiletto Heel White/Black / Royal Blue B07GRRQDZM Parent , BalaMasa Girls Bandage Mule Chunky Heels Imitated Leather Boots B01L26R74W ParentYMFIE Spring and autumn pointed shallow mouth fashion elegant temperament stiletto sexy high heel banquet shoes... B07FZ7GR2K ParentSam Edelman Women's Dori Pump, Bright White Leather, 7 M US B07CD2SCVX ParentSandalette-DEDE Women's Shoes/Boots Women's boots, high boots, high side boots, side zippers, high tube boots. B07GSYLL29 Parent , MINITOO MZLL020 Women's Chains Handmade Black Satin Wedding Party Evening Prom Pumps Shoes 5.5 M UK B01908BMBI Parent , GAOLIM The High-Heel Shoes Spring And Summer High Heels Tip Fine With Women'S Singles Shoes Rivets Girl In Light... B07D3TPVBL ParentJIANXIN sandals Female Flat Sandals Rhinestone floral ornament Pinch summer Comfort and leisure Blue and silver... B07FYZQ3Z9 ParentMen/Women BENVADO Hillary Sandals Women B07CBP78Z2 Parent main category Impeccable Current shapeZHZNVX New summer tip baotou hollow rough sandals high-heeled buckle sandals B07DKG231N ParentLauren Ralph Lauren Women’s Makayla-Espadrilles-Casual Flat Sandal B0767TQF6L Parent , Slip on Valentino Red Women - (KQ2S0754VRNNB1) UK B01KGKGSWC Parent , Brinley Co Women’s Dafnie Slide Sandal B01NCU0E58 ParentPimkie Women’s Crs18 Jeanballpaille Closed Toe Sandals B078J6F316 Parent ,
Subscribe to Russell Investments blog

Columbia Bugaboot Women’s Columbia Bugaboot Plus Iii Omni-Heat Hiking Shoes Hiking B00Q7WMZUS Parent aff8335 -

  • 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.