Current Perspectives

2016: An Update (February 24, 2016)

by Bill O’Grady & Mark Keller Summary: This report is an addendum to our original 2016 forecast.  In our original 2016 Outlook, we forecasted a year-end S&P 500 of 2214.39, based on earnings of $121.67 and a P/E of 18.2x.  As we will document below, we have revised our forecast to 2033.35, with earnings of… Read More »

2016 Outlook (November 30, 2015)

by Bill O’Grady & Mark Keller In this report, we will offer our outlook for the upcoming year.  Twenty-sixteen could be an interesting year—presidential elections will be held, the Federal Reserve could tighten monetary policy and the geopolitical landscape will likely remain complicated.  We will begin the report with our base case for the economy,… Read More »

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