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.
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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 3014.73 as this post is written

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