Longer term rallies are typically the outcome of events with a longer-term impact such as changes in government tax or fiscal policy, business regulation or interest rates. Economic data announcements that signal positive changes in business and economic cycles also have a longer lasting impact that may cause shifts in investment capital from one sector to another. For example, a significant lowering of interest rates may cause investors to shift from fixed income instruments to equities. This would create a rally in the equities markets.
In an attempt to cut costs, since 2006 new regulations required mechanical front and rear differentials, while the central differential remained active. Active suspension and water injections were also prohibited. Cars entered by a manufacturer had to be equipped with the same engine for two rallies; further limitations were imposed on the changing of some parts, including suspension, steering, turbochargers and gearboxes.
Driving rules and regulations in the real world sadly prevent us from racing everywhere at breakneck speeds and performing hell-raising stunts and turns. Only professional rally and racing drivers can play out their wildest fantasy’s and satiate their lust for speed on the track or rally course. We watch them with envy as they dangerously accelerate around corners, fly over road bumps and career through all kinds of terrain in their finely tuned rally cars. From the tantalizing dessert races in Dakar, to the high-adrenaline rally championships, there is something inherently cool and exciting about this sport.
Codemasters released the first Colin McRae Rally video game in 1998. Version 2, known as Colin McRae Rally 2.0, was released in the year 2000, for Sony's PlayStation and Microsoft Windows; it was also ported to the Game Boy Advance in 2002. A third version found a wide audience on Windows and Xbox. Versions 04 and 2005 arrived in 2004 on all major platforms. 2005 was also remade for Sony's PlayStation Portable and Nokia's N-Gage.
Most of the works drivers of the 1950s were amateurs, paid little or nothing, reimbursed their expenses and given bonuses for winning (although there were certainly exceptions, such as the Grand Prix drivers who were brought in for some events). Then in 1960 came arguably the first rallying superstar (and one of the first to be paid to rally full-time), Sweden's Erik Carlsson, driving for Saab.
McRae was married to Alison, and had two children, Hollie and Johnny. McRae moved to the principality of Monaco in 1995, partly through his friendship with David Coulthard. However, as his young family grew up, he spent more time back at his home in Lanarkshire—accepting the higher tax liability of living in Scotland. The couple bought the 17th century Jerviswood House.
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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.