The June 2013 Livingston Survey (pdf) published on June 6, 2013 contains, among its various forecasts, a S&P500 forecast. It shows the following price forecast for the dates shown:
June 28, 2013 1643.5
Dec. 31, 2013 1667.8
June 30, 2014 1713.1
Dec. 31, 2014 1750.0
These figures represent the median value across the 30 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 1638.52 as this post is written