HOLLY JOL Women's Loafer Flats Black Size: 7 UK B0793SKTGW Parent , GTVERNH Breathable Hollowed Out Summer Casual Shoes Semi Trailer Student Velcro Slippers. B07CYYY3R1 ParentSBL Temperament OL single shoes - patent leather shallow mouth pointed high heels - stiletto matte pink ladies shoes - four seasons can wear women's high heels B07GJTLVTY ParentGentlemen/Ladies Wolky Comfort Slipons Cursa B06XKMM2XV Parent Various goods a variety of Exquisite (processing) processing
Simple And Crude And Shallow Mouth Single Shoes Square, With The Party For Wild Ol Women'S Shoes B07CZ17PKH Parent , Aisun Women's Simple Bow Rhinestones Solid Color Soft Sole Flats Shoes B0758CVTCK Parent , Sano by Mephisto Women's Flatform Pumps B0722HFDKF Parent , FangYOU1314 Mesh Canvas Shoes Women Increase Lazy Breathable Rocking Shoes (Color : Sapphire, Size : 6.5 UK) B07H5JGNM7 6.5 UK|Sapphire
FangYOU1314 Mesh Canvas Shoes Women Increase Lazy Breathable Rocking Shoes (Color : Sapphire, Size : 6 UK) B07H5KGQ6G 6 UK|Sapphire , FangYOU1314 Mesh Canvas Shoes Women Increase Lazy Breathable Rocking Shoes (Color : Sapphire, Size : 5.5 UK) B07H5KR6HX 5.5 UK|Sapphire , FangYOU1314 Mesh Canvas Shoes Women Increase Lazy Breathable Rocking Shoes (Color : Sapphire, Size : 4.5 UK) B07H5H98Q5 4.5 UK|Sapphire
FangYOU1314 Mesh Canvas Shoes Women Increase Lazy Breathable Rocking Shoes (Color : Sapphire, Size : 5 UK) B07H5H3HWD 5 UK|Sapphire , Mr/Ms ze Women's Loafer Flats B06XKLKXGZ Parent Adequate supply and timely delivery Win the praise of customers Current shape
Tod's Women's XXW0LU0T750FRBM610 Pink Leather Loafers B07CQBVP5G Parent , PITILLOS Women's Loafer Flats Black B07H2PDDR6 ParentCLARKS Women's Un Blush Go Pebble Metallic Leather 7.5 B US B078XGWS22 ParentCLARKS Women's Un Blush Go Pebble Metallic Leather 8 B US B078XJ3DX7 ParentB.O.C. Women's, Marten Slip on Shoes Black 6.5 M B075K92F5T ParentBbdsj Women High Heels Sexy Fashion Heels 8cm Pointed Heels Autumn And Winter Suede High Heels Professional Womens Shoes.grey Heels. B0777QFB8S ParentCafè Noir LEA230010370 I17.010 Nero 41 FRANGIA PANTHEWS and Sheets B077Q9MDL1 ParentRachel Zoe Women’s Burke Clouds Loafers B0727NZLC6 ParentBritish Passport Women's Mocassin Loafer Flats Blue Blue B079S6VGX6 ParentWithin the increase in women's shoes with a thick spring soles of spring shoes casual shoes wild new B06Y4STHT4 ParentChurch's DE0113 Classic Shoes Women B079P9HT4G Parent
Xue Qiqi Banquet women shoes high-heeled shoes with high-heeled fine damask shallow mouth round head side exposed water drilling for single shoes B07DB71356 Parent , Women Shoes Genuine Leather Slip On Flat Soft Soles Loafers Metal Pointed Office&Career Ballerina Size 35 To 39 B07CGKCPCM Parent , CLARKS Womens Un Blush Go Loafer, Dark Tan Leather, Size 9 B078XHNYQL Parent , CLARKS Womens Un Blush Go Loafer, Black Leather, Size 9 B078XHN3C2 Parent
ZHRUI Handmade Flower Shoes Women Large size Leather Vintage Loafers (Color : Black, Size : UK 9.5) B07H2D3SXC UK 9.5|Black ,
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.