The June 9, 2011 Livingston Survey (pdf) contains, among its various forecasts, a S&P500 forecast. It shows the following price forecast for the dates shown:
June 30, 2011 1340
Dec. 30, 2011 1380
June 29, 2012 1413.5
Dec. 31, 2012 1463.5
These figures represent the median value across the 35 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 blog 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
SPX at 1271.50 as this post is written