Dmytro Kharkov

Large global capital pool breaks consolidation, David Bird notes

Large global capital pool breaks consolidation, David Bird notes
Global capital enters new growth era

David Bird, industry influencer, highlights that one of the largest pools of global capital has emerged from more than 20 years of consolidation.

He observes that while most investors focus on past cycles, this asset is beginning a new upward trend, catching much of the market off guard.

Earlier this year, Bird highlighted iron ore's strong price breakout on high volume, which defied bearish sentiment and fundamentals in the market, as reported in his analysis of iron ore. He has also examined possible approaches to changes in the 50% capital gains tax discount and outlined their impact on market sentiment in a separate policy review. Both topics remain closely watched by investors following capital flows.

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