Rising investor confidence also indicates a rally, and it is perhaps more powerful than any economic indicator because when investors believe something is going to happen (a rally, for example), they tend to take action (purchasing shares in order to profit from expected price increases) that actually turn expectations into reality. Although it is an objective concept, investor sentiment shows through in mathematical measurements such as the put/call ratio, the advance/decline line, IPO activity, and the amount of outstanding margin debt.
In the wake of the ever more advanced rally cars of the 21st century is a trend towards historic rallying (also known as classic rallying), in which older cars compete under older rules. This is a popular sport and even attracts some previous drivers back into the sport. Many who enter, however, have started their competition careers in historic rallying.
The First World War brought a lull to rallying. The Monte Carlo Rally was not resuscitated until 1924, but since then, apart from World War II and its aftermath, it has been an annual event and remains a regular round of the World Rally Championship. In the 1930s, helped by the tough winters, it became the premier European rally, attracting 300 or more participants.
Anyone who has ever played Sega Rally 2 will instantly be familiar with this car. Mäkinen won his fourth consecutive WRC title in a red Evo VI, and this car was commissioned as a road-going replica to celebrate that fact. The Tommi special was fitted with a faster-responding titanium turbo, lower suspension, a front strut brace, and quicker steering. The car made 280hp and hit 60mph in 4.5 seconds.
When the Porsche 959 arrived at 195mph in 1986, it was by far the most technically advanced, the fastest and most capable hypercar ever conceived. So try and get your head around this: it was originally designed as a Group B rally car, with the road cars only being necessary for homologation purposes. That’s like a McLaren P1 or 918 Spyder taking on the 1000 Lakes… Absolute madness.