Russell Investments Blog Unisa Women’s Omer Omer_f18_ks_f18 nhta-30292_ks Ankle Boots B07BZQX7RL B07BZQX7RL Parent e874bdb - Connect
Unisa Women’s Omer Omer_f18_ks_f18 nhta-30292_ks Ankle Boots B07BZQX7RL B07BZQX7RL Parent e874bdb -

Unisa Women’s Omer Omer_f18_ks_f18 nhta-30292_ks Ankle Boots B07BZQX7RL B07BZQX7RL Parent e874bdb -

  • 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 Vita Women’s Anna 22 Ankle Boots B07C8DYQZ9 Parent , PEDRO MIRALLES Women’s 24607 Ankle Boots B07C8F51Z2 Parent , Laura Vita Women’s Ethel 05 Ankle Boots B07C8F3THP ParentLaura Vita Armance 16, Women’s Ankle Boots B07C8F64KQ ParentPEDRO MIRALLES Women’s 24638 Overknee Boots B07C8F522T ParentPEDRO MIRALLES Women’s 24531 Ankle Boots B07C8P3C6W ParentLaura Vita Erina 02, Women’s Ankle Boots B07C8F98GH ParentPataugas Authenti/Ca F4d, Women’s Combat Boots B07CBKWT6Y ParentLaura Vita Women’s Cendrillon 148 Ankle Boots B07C8P432J ParentPEDRO MIRALLES Women’s 24724 Ankle Boots B07C8PKYJX ParentLaura Vita Women’s Eva 01 Ankle Boots B07C8P436J ParentLaura Vita Edika 02, Women’s Ankle Boots B07C8P7M9Y ParentSanita Women’s Wood Resa Sport Flex Boot Chelsea B07C93FTH6 Parent , PEDRO MIRALLES Women’s 24476 Ankle Boots B07C8P9K2S Parent , PEDRO MIRALLES Women’s 24350 Ankle Boots B07C8P9K52 Parent , WEEKEND BY PEDRO MIRALLES Women’s 22280 Snow Boots B07C8P9K55 Parent , Unisa Women’s Onkar_st High Boots B07CBP379Z Parent , Laura Vita Women’s Cendrillon 13 Ankle Boots B07C8PK122 Parent , Unisa Women’s Fiordo_BBS High Boots B07CBP37JK ParentPEDRO MIRALLES Women’s 24931 Ankle Boots B07C8PKYKN Parent , Pataugas Deday/N F4d, Women’s Ankle Boots B07CBM3N1H Parentara Women’s Anchorage-STF Slouch Boots B07C9463JB ParentLaura Vita Armance 1018, Women’s Ankle Boots B07C8PJZZX ParentJb Martin 1flapie, Women’s Ankle Boots B07C996WQ3 Parent , Jb Martin Pensee, Women’s Chelsea Boots B07C9977BC ParentUnisa Women’s Darek_f18_st High Boots B07CBNN3C6 ParentApple of Eden Women’s Carla Combat Boots B07C9PTS9J Parent , Unisa Women’s Otujo_ks Ankle Boots B07CBP2JSS Parent , Unisa Women’s Laredo_na Slouch Boots B07CBLRFZT 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: , , , , K-Swiss Performance X Lite Athletic CMF, Women’s Fitness Shoes Parent B0115KJNBARTRY Women'S Sandals Summer Comfort Pu Dress Chunky Heel Crystal Black/Blue/Royal Blue Others Black Us8/Eu39/Uk6... Parent B074CWLVDQ , Men/Women Baabuk Sneaker Orange Parent B01N5IRODW Excellent craft Make full use of materials TRUEAdidas Sneaker SUPERSTAR Rize Women Parent B00YAG3WBEWomen‘s Ballet PU Flats Heels Practice Black Parent B074C8SWFSFYM SHOES DYF Women's Shoes Solid Color Large Size Sharp High Heel Plush Metal,Apricot Color,37 B0796QRMXJ ParentKEEN Terradora Ethos Shoes Women Brown Shoe Size US 10,5 | EU 41 2018 B072K9XB4F ParentSlipper, Women Fashion Striped Bow Beach Shoes Indoor Outdoor Flip-Flops Summer Sandals B07D7CC87H ParentKickers Women’s Lachly Lthr Af Chelsea Boots B0757GQVJV Parent , GTVERNH-Wild Winter Boots Martin Boots Heavy With The Tip Of The High-Heel Shoes Female Boots B078JLN8F2 Parent , Allhqfashion Women's Blend Materials Zipper High-Heels Closed Toe Solid Boots B01MQ08SUF Parent , Miss Diva Kendra Ladies Women Medium Block Heel Cut Out Back Wrap Around Ankle strap Shoe boot B077H2Y6LQ ParentTamaris Women’s 1-1-25531-21 001 Overknee Boots Black Size: 3 UK B07GNR3723 Parent , ZFNYY High-Quality Flat Shoes Female Models Stone Grain Round Shallow Mouth Shoes Women B07CQSBF79 Parent , Peter Kaiser M/corc P/grey H/court B01K7CUG4U ParentHYW Shoes-Western High Heels White Shoes Shoes B07H5JBSBV ParentRGP39 High Sandals in Glitter Plate, Size Number 39 Signalleable Shoe Made in Italy 10 cm B07HJBJWX4 ParentSOIXANTE Womens High Heels Platform Court Shoes Ladies Slip-On Court Shoes B078KM5YCY Parent , Mee Shoes Women's Lovely Block Heel Bow Upper Slip On Court Shoes B07FKQCB7F Parent , Kick Footwear - Ladies Patent Pointed Kitten Heel Shoes with 2" Heel,Ladies Shoes,Low Heel Shoes B01MRBX1HH ParentAllhqfashion Women's High-Heels Soft Material Solid Zipper Round Closed Toe Pumps-Shoes B071Y6911S Parent , 1TO9 Girls Color Matching Thick Bottom Heel Sequins Sequins Pumps-Shoes B072DRLH22 ParentMandèl Women's MD2056 Fashion Sandals White Bianco B079S8B9C4 ParentCallisto Womens Sarrita Open Toe Casual Ankle Strap Sandals B07GKFQFHD ParentAJZGF Slippers Female Summer New Fashion Open-Toe Breathable Font Sandals, Wild Women's Shoes. B07DPLJ7V1 Parent , Man/Woman Teva Women's Fashion Sandals B01N5DLO6R Parent Complete specification New design Shopping promotionNine West Ailamina Suede, Women’s Heeled Sandal B077YL4VWY ParentINC International Concepts Womens Kivah Open Toe Special Occasion Ankle Strap. B07D5F8649 Parent , Fischer Bequem Schuh Hoch Schwarz, Unisex Adults’ Unlined high house shoes B003K15U56 ParentInuovo Scarpe Donna Sandali in Pelle Marrone 5024-COCONUT B00UZCRDK8 Parent
Subscribe to Russell Investments blog

Unisa Women’s Omer Omer_f18_ks_f18 nhta-30292_ks Ankle Boots B07BZQX7RL B07BZQX7RL Parent e874bdb -

  • 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.