The December 2013 Livingston Survey (pdf) published on December 12, 2013 contains, among its various forecasts, a S&P500 forecast. It shows the following price forecast for the dates shown:
Dec. 31, 2013 1800.7
June 30, 2014 1841.1
Dec. 31, 2014 1875.0
Dec. 31, 2015 1948.5
These figures represent the median value across the 33 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 1779.33 as this post is written