S&P500 Price Projections – Livingston Survey December 2011

The December 8, 2011  Livingston Survey (pdf) contains, among its various forecasts, a S&P500 forecast.  It shows the following price forecast for the dates shown:

Dec. 30, 2011   1267.7

June 29, 2012   1322.5

Dec. 31, 2012    1395

Dec. 31, 2013    1480

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