Kidman: The bull market is entering its final phase

In September 2024, Matthew Kidman delivered a presentation on the history of structural bull and bear markets. His message was decidedly upbeat: the structural bull market that began in 2009 still had room to run, promising fruitful years ahead for investors. Earlier this week, I sat down with Matthew to get an update on his views and to hear how he is positioning Centennial’s Level 18 Fund. Kidman stands by his thesis that while we are in the late stages of this bull market, the run could easily extend for another 12 to 18 months. Time codes 0:00 - Introduction 1:00 - How long to go for the bull market? 3:03 - Leverages 6:30 - Views on US economic fundamentals 9:30 - Winners and losers on the ASX 12:13 - Can the ASX catch up with US markets? 14:29 - How Centennial is investing today 17:41 - 3 stocks with big earnings growth (ASX:SKS, ASX:SRG, ASX:CDA) 20:55 - Liquidity and new ideas - including Pro Medicus (ASX:PME) 27:03 - Closing the Level 18 Fund to new investors Centennial Asset Management website: https://www.centennialfunds.com.au/