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Economists Predict A Bullish 2015

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Every December, economists make predictions about the year ahead, and each year they get hit by unexpected events that make them look clueless. Take the plunge in oil prices — nobody saw that coming.

Still, top economists' forecasts did get a lot right for 2014.

Last year at this time, most were predicting low inflation, more jobs and rising stock prices — and that's what we got.

Now they are making their predictions for 2015.

NPR's senior business editor Marilyn Geewax has been poring over the forecasts — and she joins Here & Now's Robin Young to explain what economists predict for the job market, the stock market, and inflation.

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This segment aired on December 29, 2014.

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