GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Friday, January 2, 2015

Economic Forecasts for 2015: Fed Rate Hike & Higher Oil Prices

As we begin 2015, stocks remain near record highs and the economy is expanding, but what should investors be watching on the economic front in the New Year, especially with the Federal Reserve expected to make its first rate hike since 2006 at some point in 2015? Plus, will oil prices continue to stay this low? TheStreet's Scott Gamm speaks with Bob Johnson, director of economic analysis at Morningstar to discuss why predicting the Fed's moves isn't such a great idea, along with his take on inflation, falling gas prices and if the housing market is set for a rebound in prices in the New Year.

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