Why I'm Raising My S&P 500 Fair Market Value

I am substantially raising my calculation of the S&P's 500 fair market value from 1360 to 1485.

This will surprise many, as it is being done at a time during which some see similarities between the present day and the same time period in 2011, when, reflecting slowing domestic economic momentum and a rising crisis in the eurozone, the U.S. stock market began a period during which share prices began to decline.