Thursday, December 12, 2013

S&P500 Price Projections – Livingston Survey December 2013

The December 2013 Livingston Survey (pdf) published on December 12, 2013 contains, among its various forecasts, a S&P500 forecast.  It shows the following price forecast for the dates shown:
Dec. 31, 2013   1800.7
June 30, 2014   1841.1
Dec. 31, 2014   1875.0
Dec. 31, 2015    1948.5
These figures represent the median value across the 33 forecasters on the survey’s panel.
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I post various economic forecasts because I believe they should be carefully monitored.  However, as those familiar with this blog are aware, I do not agree with many of the consensus estimates and much of the commentary in these forecast surveys.
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 1779.33 as this post is written

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