S&P 500: Base Case = 2,900 by 2018E

Walk through of potential scenarios for where the S&P 500 finishes 2018:

https://aff.whotrades.com/t/b/ybtze/

Summary:

Base Case - $145 earnings, 20x P/E, 2,900 target, 8% upside
Bear Case - $135 earnings, 17x P/E, 2,300 target, 15% downside
Bull Case - $150 earnings, 21x P/E, 3,150 target, 17% upside
Super Bull Case – $150 earnings, 23x P/E, 3,450 target, 28% upside