Time Capsule Post (2010 Forecasts) — Open One Year Hence

December 17, 2009 8:00am by

I hereby invoke Bob Farrell’s Rule #9: When all the experts and forecasts agree — something else is going to happen.

Let’s look at the forecasted year-end 2010 levels for the S&P500 and S&P500 earnings:

Firm	Strategist	2010 Close	2010 EPS
Bank of America	David Bianco	1275	73
Bank of Montreal	Ben Joyce		71
Barclays	Barry Knapp	1120	66
Citigroup	Tobias Levkovich	1150	72.5
Credit Suisse	Andrew Garthwaite	1125	76
Deutsche Bank	Binky Chada	1260	77.8
Goldman Sachs	David Kostin	1250	76
JP Morgan	Thomas Lee	1300	80
Morgan Stanley	Jason Todd		70
Oppenheimer	Brian Belski	1300	70
RBC	Myles Zyblock	1200	72
UBS	Thomas Doerflinger	1250	80
Mean		1223	$73.69
Median		1250	$72.75
High		1300	$80.00
Low		1120	$66.00

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