The June 2014 Livingston Survey (pdf) published on June 4, 2014 contains, among its various forecasts, a S&P500 forecast. It shows the following price forecast for the dates shown:
June 30, 2014 1910
Dec. 31, 2014 1950
June 30, 2015 1999.80
Dec. 31, 2015 2026.50
These figures represent the median value across the 28 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 blog 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 1940.46 as this post is written