S&P500 Price Projections – Livingston Survey June 2011

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.

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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 1271.50 as this post is written