S&P 500 Faces Biggest Loss in 13 Months

The transcript discusses the economic challenges in 2015, focusing on falling oil prices, Greece's potential exit from the eurozone, and the impact on emerging markets. It highlights the European Central Bank's debate on quantitative easing and its potential effects. The conversation includes predictions on oil price stabilization and the importance of European leadership in addressing these issues.

What economic factors are causing concern in 2015 according to the transcript?

• Falling oil prices and Greece potentially leaving the eurozone

• Rising oil prices and a strong euro

• Rising oil prices and Greece joining the eurozone

• Stable oil prices and a strong euro

How long is the decline in oil prices expected to last?

• Three months

• One year

• Six months

• One month

What is the potential impact of Greece on emerging markets?

• It will stabilize emerging markets

• It will strengthen emerging markets

• It could cause a slide in emerging markets

• It will have no impact

What is the ECB considering to address economic challenges?

• Reducing government spending

• Raising taxes

• Implementing quantitative easing

• Increasing interest rates

How might the ECB's quantitative easing differ from the Federal Reserve's approach?

• It will not involve any monetary policy changes

• It will focus solely on the US market

• It will be identical to the Federal Reserve's QE

• It will be tailored to the European Monetary Union's structure