Joe Brusuelas and Charles Lieberman discusses 2015 economic outlook

Global Business

An electronic display shows the Dow Jones Industrial Average above 18,000 on the floor of the New York Stock Exchange in New York, Tuesday, Dec. 23, 2014. U.S. stocks pushed further into record territory on Tuesday as the Dow Jones industrial average crossed past the 18,000-point mark for the first time. (AP Photo/Seth Wenig)

The Nasdaq this year is up over 14 percent, while the Standard & Poor’s gained over 12 percent, and the Dow rose over 8 percent. However 2014 has also been a volatile year all over the world, particularly on Wall Street with oil prices dropping to numbers not seen in five years.

Despite the shakeup in some stocks, both the Dow Jones and Standard & Poor’s 500 index enjoyed a strong year. Can this rally continue into 2015?

The U.S. economy seems so far to have demonstrated that it can thrive even as the Fed ended its third round of quantitative easing and it appears that the United States remains insulated from the financial struggles surfacing everywhere from Europe and Latin America to China, Japan, and Russia.

CCTV America interviewed Joe Brusuelas, chief economist at consulting firm McGladrey and Charles Lieberman, chief investment officer at Advisors Capital Management, an advisory firm, about how this year has fared for U.S. stocks.