Course. Very own peter barnes, he snagged an exclusive interview with a top Federal Reserve official well get to. Michael, start with you first. We have the dow. It hit its sixth Straight Year of gains and now what . Yeah, well thats a great question. I think one of the things that people have to ask themselves is over the last six years weve seen the market increase about 150 . That, that question you have to ask yourself is, how much longer can it continue. I think people are getting skeptical where the market is, how long it will stay there. People need to start looking taking some gains off the table and waiting to see what might happen in 2015. Cheryl well get to peter and the fed in a second. Phil oil it is really what it is all about. People have money in their pocket because oil prices are down. How much longer does that last . I think the prices will stay down pretty much all of next year. Well hit a low of 44. Maybe lower. I think well recover in the second half of the year.
Course. Very own peter barnes, he snagged an exclusive interview with a top Federal Reserve official well get to. Michael, start with you first. We have the dow. It hit its sixth Straight Year of gains and now what . Yeah, well thats a great question. I think one of the things that people have to ask themselves is over the last six years weve seen the market increase about 150 . That, that question you have to ask yourself is, how much longer can it continue. I think people are getting skeptical where the market is, how long it will stay there. People need to start looking taking some gains off the table and waiting to see what might happen in 2015. Cheryl well get to peter and the fed in a second. Phil oil it is really what it is all about. People have money in their pocket because oil prices are down. How much longer does that last . I think the prices will stay down pretty much all of next year. Well hit a low of 44. Maybe lower. I think well recover in the second half of the year.
Very own peter barnes, he snagged an exclusive interview with a top Federal Reserve official well get to. Michael, start with you first. We have the dow. It hit its sixth Straight Year of gains and now what . Yeah, well thats a great question. I think one of the things that people have to ask themselves is over the last six years weve seen the market increase about 150 . That, that question you have to ask yourself is, how much longer can it continue. I think people are getting skeptical where the market is, how long it will stay there. People need to start looking taking some gains off the table and waiting to see what might happen in 2015. Cheryl well get to peter and the fed in a second. Phil oil it is really what it is all about. People have money in their pocket because oil prices are down. How much longer does that last . I think the prices will stay down pretty much all of next year. Well hit a low of 44. Maybe lower. I think well recover in the second half of the year. Good new
Bogle testifying before the Senate Finance committee calling for regulation of the entire industry. Here with us is fox businesss peter barnes. Investing in retirement is too hard and too expensive for the average people, he wants the government to regulate it more. The vanguard founder proposed a federal overseer, a federal retirement board to regulate company and individual 401 k and ira plans. Bogle wants to push more people into low fee mutual funds, the index funds he helped create and champion over pricier actively managed funds. He argues that in the wrong run, index funds are simpler, work better and create more savings for the average investor. Proposal did not come up today specifically, but the idea of government mandates favoring index funds for investors did. I, for one would be the champion for mandating index funds. Just look at it this way, senator, all of the investors in america, all of the Retirement Plan investors own the total stock market together, they are a gian