Decided Uptick in Retail in Next 12 Months: Ward

The transcript discusses the economic outlook, focusing on the impact of declining gasoline prices on consumer spending and retail sectors like Walmart and luxury brands. It highlights the positive effects of lower oil prices on the economy, with potential benefits for companies like Amazon. The conversation also touches on investment strategies, emphasizing the importance of diversification and learning from past mistakes in media stock investments.

What does the speaker suggest about the future of the economy in 2015?

How does the speaker view the relationship between oil prices and inflation?

What lessons can investors learn from the speaker's past mistakes in portfolio management?