Why the S&P 500 is worth 4000 points: Michael Knox, Morgans Chief Economist

A peak in core inflation allows an easing of bond yields which together with improved earnings support US equities. Check out more from Morgans: Visit the Morgans website: www.morgans.com.au Check out our blog: www.morgans.com.au/Blog On Facebook: www.facebook.com/MorgansAU On Instagram: www.instagram.com/Morgans.Australia On Twitter: twitter.com/MorgansAU