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In the 1960s, the competitions manager of BMC, Stuart Turner, hired a series of brave and gifted young Finns, skills honed on their country's highly competitive gravel or snow rallies, and the modern professional driver was born. As special stage rallying spread around the world Scandinavian drivers were challenged by drivers from Italy, Germany, Britain, Spain and elsewhere. Today, a World Champion may be of any nationality.
1968 brought the first of a series of British-organised intercontinental rallies, the Daily Express London-Sydney Marathon, which attracted over 100 crews including a number of works teams and top drivers; it was won by the Hillman Hunter of Andrew Cowan/Brian Coyle/Colin Malkin. Not to be outdone, the rival Daily Mirror sponsored in 1970 the London-Mexico World Cup Rally, linking the stadia of two successive football World Cups, on a route that crossed Europe to Bulgaria and back before shipping out from Lisbon to Rio de Janeiro, after looping around South America, and a run through some of the most frightening sections of Peru's road race, the Caminos del Inca, they wrap it up being shipped to Panama and a final run up Central America. The Ford Escort of Hannu Mikkola and Gunnar Palm won. These were followed in 1974 by the London-Sahara-Munich World Cup Rally, and in 1977 by the Singapore Airlines London-Sydney Rally.
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 1980, a German car maker, Audi, at that time not noted for their interest in rallying, introduced a rather large and heavy coupé version of their family saloon, installed a turbocharged 2.1 litre five-cylinder engine, and fitted it with four-wheel drive. Thus the Audi Quattro was born. International regulations had prohibited four-wheel drive; but FISA accepted that this was a genuine production car, and changed the rules. The Quattro quickly became the car to beat on snow, ice or gravel; and in 1983 took Hannu Mikkola to the World Rally Championship title. Other manufacturers had no production four-wheel drive car on which to base their response, so FISA was persuaded to change the rules, and open the Championship to cars in Group B. This allowed cars to be much further removed from production models, and so was created a generation of rallying supercars, of which the most radical and impressive were the Peugeot 205 T16, Renault 5 Turbo and the Lancia Delta S4, with flimsy fibreglass bodies roughly the shape of the standard car tacked onto lightweight spaceframe chassis, four-wheel drive, and power outputs reportedly as high as 600 hp (450 kW). Further Group B cars were developed by Ford (the RS200), British Leyland (the Metro 6R4) and many others, but these were less successful.
Continuing his emergence after being converted from last season's two-way contract to a standard NBA deal for next season, Robinson converted four 3-pointers in nearly rallying the Heat from an early 14-point deficit. — Ira Winderman, sun-sentinel.com, "Heat fall in summer finale in OT despite 26 from Robinson, as draft picks sit," 14 July 2019 About the same time, Rockdale High School won a state football championship, its first since 1976, rallying from a 21-0 deficit in the title game. — Mark Dent, WIRED, "The Hard-Luck Texas Town That Bet on Bitcoin—and Lost," 11 July 2019 Militias that had previously fought each other have rallied against Mr Haftar. — The Economist, "A warlord’s offensive against Tripoli is flagging," 4 July 2019 Two news stories in the last week or so should alarm us in rallying ways. — Kathryn Jean Lopez, National Review, "Whether the Issue Is Abortion or Immigration, There Must Be a Better Way," 1 July 2019 Frankie Montas pitched eight innings of one-run ball for the A's, who rallied for their fourth straight win and seventh in eight games after Tampa Bay took a 4-1 lead with three in the top of the ninth. — Gideon Rubin, orlandosentinel.com, "Rays surrender 9th-inning lead, lose 5-4 at Oakland," 21 June 2019 The social network’s shares, however, have rallied even more. — John Detrixhe, Quartz, "What does Facebook’s crypto coin mean for Visa and Mastercard?," 18 June 2019 His incarceration became a test of solidarity among Russian journalists, who rallied to his defense. — Billy Perrigo, Time, "‘He Had Powerful Enemies.’ Russian Journalist Ivan Golunov Has Been Released, But Media in Russia Still Can't Work Freely," 12 June 2019 One band above where Binnington’s name would be engraved sits the 2013–14 Kings, who rallied back from being down 3–0 and won three Game 7’s on opposing ice en route to the Cup. — Dan Falkenheim, SI.com, "Blues Survive Bruins' Late Flurry to Take Game 5, Series Lead," 6 June 2019
The causes and characteristics of rallies vary, but most financial theorists agree that economic cycles and investor sentiment both play a role in the creation and momentum of rallies. In general, information about a strong or strengthening economy, indicated by high employment, high disposable income, low inflation and high business profits usually ushers in a rally. The existence of several new trading highs for well-known companies also indicates a rally is occurring. It is important to note that government involvement affects rallies: Changing the federal funds rate or tax rates indirectly encourages economic expansion or contraction.