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Blog

Podcast: Why the S&P 500 is so strong

Michael Knox

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.

Disclaimer: The information contained in this report is provided to you by Morgans Financial Limited as general advice only, and is made without consideration of an individual's relevant personal circumstances. Morgans Financial Limited ABN 49 010 669 726, its related bodies corporate, directors and officers, employees, authorised representatives and agents ("Morgans") do not accept any liability for any loss or damage arising from or in connection with any action taken or not taken on the basis of information contained in this report, or for any errors or omissions contained within. It is recommended that any persons who wish to act upon this report consult with their Morgans investment adviser before doing so.