Thursday, June 5, 2014

S&P500 Price Projections – Livingston Survey June 2014

The June 2014 Livingston Survey (pdf) published on June 4, 2014 contains, among its various forecasts, a S&P500 forecast.  It shows the following price forecast for the dates shown:
June 30, 2014   1910
Dec. 31, 2014   1950
June 30, 2015   1999.80
Dec. 31, 2015    2026.50
These figures represent the median value across the 28 forecasters on the survey’s panel.
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.
The Special Note summarizes my overall thoughts about our economic situation
SPX at 1940.46 as this post is written

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