| Strategists June 2011 forecasts for the S&P/ASX 200 | |
| Deutsche Bank | 6250 |
| UBS | 5800 |
| Citigroup | 5500 |
| Goldman Sachs | 5375 |
| Macquarie | 5068 |
| JP Morgan | 5000 |
| Morgan Stanley | 5027* |
| Credit Suisse | 5000* |
| Merrill Lynch | 4500* |
| Average | 5302 points |
Source: AFR 1 July 2010.
*December 2010 forecasts – no June 11 forecasts provided
With such variance amongst the so-called leading strategists in this country, I’m sure you can throw the proverbial dart at the dartboard and have just as good a chance as picking where the ASX200 will be in the next 12 months. Oh well, I’m sure they all sound impressive when they explain how they come to their guaranteed incorrect estimate!