S&P500 Price Projections – Livingston Survey June 2016

The June 2016 Livingston Survey published on June 8, 2016 contains, among its various forecasts, a S&P500 forecast.  It shows the following price forecast for the dates shown:

June 30, 2016   2100.0

Dec. 31, 2016   2140.0

June 30, 2017   2167.8

Dec. 29, 2017   2200.6

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 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 2073.59 as this post is written