The December 2020 Livingston Survey (pdf) published on December 18, 2020 contains, among its various forecasts, a S&P500 forecast. It shows the following price forecast for the dates shown:
Dec. 31, 2020 3600.00
June 30, 2021 3650.00
Dec. 31, 2021 3745.00
Dec. 31, 2022 3899.20
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 3704.44 as this post is written