S&P500 Price Projections – Livingston Survey December 2018

The December 2018 Livingston Survey (pdf) published on December 21, 2018 contains, among its various forecasts, a S&P500 forecast.  It shows the following price forecast for the dates shown:

Dec. 31, 2018  2754.4

Jun. 28, 2019   2829.9

Dec. 31, 2019  2900.0

Dec. 31, 2020 3000.0

These figures represent the median value across the 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 site 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 2476.57 as this post is written