Detailed text transcripts for TV channel - FOXNEWS - 20150101:16:50:00
In the new year too. stay with us.
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In the new year too. stay with us.
Talking about is obviously the collapse of oil prices but what that has meant is a huge fall in gas prices. we can show you that january 1st, 2014, 3.29 a gallon was the national average. today it is 2.24. some say it is going to go even lower. what does that mean for the larger economy in the sense that so many americans now feel like they basically got a pay raise? there is more money in their pocket. >> there is a lot happening here. the guests that came to my home in new year's eve filled up for a buck 77 yesterday and were thrilled about it. this increases consumer confidence. consumer co...
Wall street closes 2014 near record levels. stocks surged for a sixth straight year. that is the longest streak since the 1990s. everyone is asking exactly how long is this bull market going to last? to answer that, peter dunne radio host and author of, your money life. peter, history says repeats itself but often rhymes. are the fundamentals strong enough to continue this run? >> there is a lot going on, leland. experts for years said the sky is going to fall and it hasn't. even if it does in 2015 there is a lot of evidence to support that people's reef typiers aren't going to be ruined. lela...