America's Current & Future Economic Situation - By Ted Kavadas
Friday, June 12, 2020
S&P500 Price Projections – Livingston Survey June 2020
The June 2020 Livingston Survey (pdf) published on June 12, 2020 contains, among its various forecasts, a S&P500 forecast. It shows the following price forecast for the dates shown:
June 30, 2020 3050.0
Dec. 31, 2020 3117.50
June 30, 2021 3215.0
Dec. 31, 2021 3280.0
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