Friday, December 13, 2019

S&P500 Price Projections – Livingston Survey December 2019

The December 2019 Livingston Survey (pdf) published on December 13, 2019 contains, among its various forecasts, a S&P500 forecast.  It shows the following price forecast for the dates shown:
Dec. 31, 2019  3130.0
June 30, 2020  3202.0
Dec. 31, 2020  3257.6
Dec. 31, 2021  3400.0
These figures represent the median value across the 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 site 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 3161.94 as this post is written

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