Nobody has a crystal ball, but there are still many trends and patterns in business that are visible to expert eyes.
The International Monetary Fund predicts that growth in 2015 will exceed that of the prior three years. However, they feel that the global market will still trail its performance in the early part of the 2000s.
According to a report from Kiplinger, hiring is on the rise, job openings are at near-record levels, and layoffs are increasingly scarce. And as employment rises, so will spending on consumer services, such as recreation, travel, entertainment, and the like.
As their incomes (slowly) rise, many consumers are being smarter about their money; they are less likely to borrow funds, as opposed to spending more practically and saving more away. A thriftier consumer base will lead to interesting fluctuations in the market.
Learn more: http://abcnews.go.com/Business/wireStory/economists-forecast-fast-growth-2015-27436227