S&P500 forecast next 10 months

With newly updated GDP data and model at  May 25th , S&P500 forecast next 10 months are as below.

Please note that the current price is already more than 100 pts below theoretical value. 2323.292 is expected  at the end of this year.


> 0.603*(predict(VAR(v_XCPG_1992_2016,lag=6))$fcst$GDP[,1])-7791
 [1] 2238.212 2254.216 2268.441 2282.354 2293.338 2303.527 2313.299 2323.292 2332.697 2341.712