The December 2022 Livingston Survey (pdf) published on December 16, 2022 contains, among its various forecasts, a S&P500 forecast. It shows the following price forecast for the dates shown:
Dec. 30, 2022 3970.0
June 30, 2023 3927.4
Dec. 29, 2023 4170.0
Dec. 31, 2024 4321.8
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 3852.36 as this post is written
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