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.