After a disappointing year, the housing market should pick up some steam in 2015, says Morningstar's Bob Johnson .
Though off its lows, the financial obligations ratio is still well below average as rates and debt have come down, but rent pressures loom.
Consumption, exports, and other factors that normally drive employment haven't looked strong and could make for a ho-hum report, says Morningstar's Bob Johnson .
Despite missing overly rosy estimates, October's employment report is in line with recent trends, says Morningstar's Bob Johnson .
A few high-profile misses notwithstanding, earnings were statistically strong last quarter, with potential for steady, if somewhat slower, growth looking ahead.
Robust restaurant sales growth indicates that consumers are warming up to spending more of their hard-earned cash.
Purchasing manager survey data, which historically has had a strong correlation to GDP, seems to be pointing toward solid economic growth.
Several factors, including population growth, income inequality, and low inflation, could keep a lid on rates over the next several years, says Morningstar's Bob Johnson .
Lower gas prices, an improving job market, and other factors should spur consumers to open their wallets, says Morningstar's Bob Johnson .
The Bank of Japan's decision to accelerate asset purchases as the Fed is backing off means a strong dollar is likely here to stay, says Morningstar's Bob Johnson .