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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