The next bull market is underway
The next bull market is underway - Matthew Kidman | Livewire (livewiremarkets.com)At Centennial Asset Management we believe it is likely the next bull market has already started.
In Australia, equity managers are defensively positioned. Institutional exposure to defensive holdings has consistently increased since March 2020 and continues to rise. Portfolios are overweight defensive exposures such as telcos and supermarkets and underweight two of the largest growth sectors in the market, financials and materials.
GLTAH
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