Podcast: Why the S&P 500 is so strong

About the author:

Michael Knox
Author name:
By Michael Knox
Job title:
Chief Economist and Director of Strategy
Date posted:
30 August 2018, 9:48 AM

We look at the improving path of US corporate earnings and its heady rise since 2016. We conclude that the S&P 500 is only moderately overvalued. We then look at the ASX 200 and find the same:

​Both the US market and the Australian market are moderately overvalued. That means they can continue to go higher before experiencing significant corrections.

I discussed this in my latest presentation to the network.

Listen to the podcast


More information

View more of my analysis by clicking on 'economic strategy' in the popular topics list to the right of this page, or listen to my full playlist of podcasts on SoundCloud. Alternatively, contact your Morgans adviser or nearest Morgans branch.

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