Friday, December 21, 2018

S&P500 Price Projections – Livingston Survey December 2018

The December 2018 Livingston Survey (pdf) published on December 21, 2018 contains, among its various forecasts, a S&P500 forecast.  It shows the following price forecast for the dates shown:
Dec. 31, 2018  2754.4
Jun. 28, 2019   2829.9
Dec. 31, 2019  2900.0
Dec. 31, 2020 3000.0
These figures represent the median value across the 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 site 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 2476.57 as this post is written

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