The release of so many new games in 1982 flooded the market. Most stores had insufficient space to carry new games and consoles. As stores tried to return the surplus games to the new publishers, the publishers had neither new products nor cash to issue refunds to the retailers. Many publishers, including Games by Apollo and US Games, quickly folded.[citation needed] Unable to return the unsold games to defunct publishers, stores marked down the titles and placed them in discount bins and sale tables. Recently released games which initially sold for US $35 (equivalent to $92 in 2018) were in bins for $5 ($13 in 2018).[30][31] Crane said that "those awful games flooded the market at huge discounts, and ruined the video game business".[27] By June 1983, the market for the more expensive games had shrunk dramatically and was replaced by a new market of rushed-to-market, low-budget games.

The cost of ownership in the most high priced markets is going up even more. Why? The limitation on the mortgage interest deduction to $750K and the limitation on the sales and property tax deduction to $10K. With the increase in interest rates, the partial non deductibility of interest and taxes, the overall cost of ownership is going up. Most people will feel the punch in their guts next year when they file the 2018 taxes. That is when most folks would realize what hit them was not a pleasant surprise!
“Do you remember how fragile the world seemed in 2008 when banks were collapsing and the stock market was in free fall? When you pictured the future, did it seem dark and dangerous? Or did it seem like the good times were just around the corner and the party was about to begin? The fact is, once a bear market ends, the following 12 months can see crucial market gains.”

“My sense is that the bottom that we were unable to find, chances are that we have found it. Often things tend to panic and sell of, unless it’s a black swan event My sense is that whatever information is there is not so serious; may be a couple of stocks may remain dicey but overall if there is no systemic risk, what we are doing is we are buying back nifty now; because it’s not like the whole world is coming to an end May be there is a problem; it can be contained; but once the news is out that news is irrelevant. Given that we are now near the 200-DMA, we could now have that sustainable rally. There is no value in worrying about what’s gone wrong. Try to buy because prices tend to factor in most things. My sense is that by the close we should recover some more Buy the good quality NBFCs, such as Bajaj Finance, L&T finance I would be a buyer now that the fall is already over,” investment advisor Ashwini Gujral told CNBC TV18.
This post delves briefly into the theory and factors involved in market crashes, corrections and selloffs including investor expectations and mood, FED decisions, government meddling and AI systems (Note: even the people who make Artificial intelligence and self-learning algorithms have admitted they don’t understand how the AI systems make decisions. They learn and make decisions independent of human input and may not be  able to report to humans how and why they acted).

The 2000 stock market crash resulted in a loss of almost $8 trillion of wealth. So what must be the reason for the crash? As has been deduced by market experts, the corporate corruption is believed to be a major reason for the crash to occur. Lots of multinational companies had been drawing profits by engaging in illegal means and frauds. The accounts that they maintained had serious loopholes and the debts were not shown. The stock options that the officers took worked towards diluting the companies. Another probable reason for the 2000 stock market crash was the overvaluation of the stocks and the dot-com bubble burst. Even the companies that had absolutely no hope of earning profits and were consistently losing money had a market capitalization of more than a billion dollar. The stock trading was going on the P/E basis.
The internal reasons included innovations with index futures and portfolio insurance. I've seen accounts that maybe roughly half the trading on that day was a small number of institutions with portfolio insurance. Big guys were dumping their stock. Also, the futures market in Chicago was even lower than the stock market, and people tried to arbitrage that. The proper strategy was to buy futures in Chicago and sell in the New York cash market. It made it hard – the portfolio insurance people were also trying to sell their stock at the same time.[14]
Real estate leads for realtors in Los Angeles, Toronto, Montreal, San Diego, Phoenix, Denver, Seattle, Chicago, Boston, New York, Dallas, Houston, San Antonio, Austin, St Louis, Minneapolis, Green Bay, Charlotte, Tampa, Miami, Orlando, Vancouver, Montreal, Ottawa, Oshawa, Hamilton, Newmarket, Aurora, Richmond Hill,  Calgary, Kelowna, Mississauga, Anaheim, Beverly Hills, Malibu, San Francisco, San Jose, and many more cities across North America. 
The difficulty in getting a mortgage combined with extremely high student debt strapping down the millennial generation continues to nudge people toward renting. Americans don’t have the savings they used to have that allowed them to put a down payment on a home. Historically, the average savings rate of a person’s income was 8.3 percent, but today that number is 5.5 percent. Rising education and housing costs continue to burden the new generation of potential home buyers, driving down home ownership rates in the U.S.
What is commercial paper ? Commercial paper is a money - market security issued by large corporations to obtain funds to meet short-term debt obligations and is backed only by an issuing bank or company promise to pay the face amount on maturity date specified on the note . Since it is not backed by collateral , only firm with excellent credit ratings from a recognised credit rating agency will be able to sell their commercial papers at reasonable price .Commercial paper is usually sold at a discount from face value , and generally carries lower interest repayment rates than bonds due to shorter maturities of commercial paper .
Forthcoming state elections are being pitched as Modi’s acid test before the parliamentary elections scheduled for May. As the Opposition seeks to cobble together a coalition against the Modi-led BJP and raise fresh controversies to corner his administration, analysts and political observers are losing their earlier confidence about Modi’s chances of winning a second term. An adverse election result may bring in temporary uncertainty over policy continuity and make investors nervous.
However, with managements of these NBFCs trying to allay fears and dismissing reports of debt defaults, the market staged a recovery. Reports also emerged that DSP Mutual Fund had managed to sell some short-term paper of DHFL at 11 percent discount in a bid to build liquidity against its exposure to IL&FS. This led to the massive fall in the market as well.

To help maintain a clear head during stock market crashes, investors should remember that they are business owners -- not ticker symbol owners. While stock prices may plummet, the majority of companies with good business models and strong competitive advantages will likely see a far smaller negative impact to their underlying businesses during these periods. So, be sure to detach stock price performance from business performance.

I am not an expert on what a president should do and most can be picked apart pretty readily by experts. But it would seem that the current trajectory of the Republicans under Trump is not one of reducing our deficit. Yes they want to scale back a great deal of spending. The problem is they want to dump a lot of that savings back into a bloated military budget and on top of that are considering drastic tax cuts. No analysis thus far has been at all optimistic about any potential increase in growth outrunning the addition this will make to our debt over the long term. So if that number is a concern neither party has shown a willingness to fix it.


But what drives the Toronto housing market? Will it succumb to the same fate as Vancouver or worse?   If you’re a buyer, you’re wondering which neighbourhoods and towns to focus on and whether this market will tank. If you’re a seller, you’re wondering if you’re going to miss the biggest payday of your life by not selling. If you’re close to retirement, you may want to carefully review your choice not to sell. 2017 is a grand time for you to sell and move onto a better life.
The yuan has fallen nearly 10% against the dollar since April ‘18. The Chinese are currently trying to keep the currency from falling below the key support level of seven to the dollar. The yuan hasn’t traded that low in more than a decade; but holding that line has become more difficult as China dances capriciously from deleveraging to massive stimulus measures. In order to defend the value of the Yuan, China has depleted much of its dollar reserves.
Hi Christine, I can’t offer advice. There is a lot of risk in 2020. Trudeau may botch the trade negotiations and that could could start a Toronto slide. Without the auto sector, Whitby and Oshawa could get hit hard. Good thing is Trudeau could be gone next year and the Americans might listen to a new conservative government. Harper’s already visited the back door at the white house. From here to 2020 could be rough in Canada. Good luck with your sale.
It looks like it could be another tough week for global financial markets.  As the week began, markets were down all over the world, and relations between the United States and Saudi Arabia have taken a sudden turn for the worse.  That could potentially mean much, much higher oil prices, and needless to say that would be a very bad thing for the U.S. economy.  It has really surprised many of us how dramatically events have begun to accelerate here in the month of October, and the mood on Wall Street has taken a decidedly negative turn.  Yes, U.S. stocks did bounce back a bit on Friday (as I correctly anticipated), but it was much less of a bounce than many investors were hoping for.  And this week got off to a rough start with all of the major markets in Asia down significantly…
Forthcoming state elections are being pitched as Modi’s acid test before the parliamentary elections scheduled for May. As the Opposition seeks to cobble together a coalition against the Modi-led BJP and raise fresh controversies to corner his administration, analysts and political observers are losing their earlier confidence about Modi’s chances of winning a second term. An adverse election result may bring in temporary uncertainty over policy continuity and make investors nervous.

Technical glitches: An analysis of trading on the exchanges during the moments immediately prior to the flash crash reveals technical glitches in the reporting of prices on the NYSE and various alternative trading systems (ATSs) that might have contributed to the drying up of liquidity. According to this theory, technical problems at the NYSE led to delays as long as five minutes in NYSE quotes being reported on the Consolidated Quotation System (CQS) with time stamps indicating that the quotes were current. However, some market participants (those with access to NYSE's own quote reporting system, OpenBook) could see both correct current NYSE quotes, as well as the delayed but apparently current CQS quotes. At the same time, there were errors in the prices of some stocks (Apple Inc., Sothebys, and some ETFs). Confused and uncertain about prices, many market participants attempted to drop out of the market by posting stub quotes (very low bids and very high offers) and, at the same time, many high-frequency trading algorithms attempted to exit the market with market orders (which were executed at the stub quotes) leading to a domino effect that resulted in the flash crash plunge.[37][38]
Technical glitches: An analysis of trading on the exchanges during the moments immediately prior to the flash crash reveals technical glitches in the reporting of prices on the NYSE and various alternative trading systems (ATSs) that might have contributed to the drying up of liquidity. According to this theory, technical problems at the NYSE led to delays as long as five minutes in NYSE quotes being reported on the Consolidated Quotation System (CQS) with time stamps indicating that the quotes were current. However, some market participants (those with access to NYSE's own quote reporting system, OpenBook) could see both correct current NYSE quotes, as well as the delayed but apparently current CQS quotes. At the same time, there were errors in the prices of some stocks (Apple Inc., Sothebys, and some ETFs). Confused and uncertain about prices, many market participants attempted to drop out of the market by posting stub quotes (very low bids and very high offers) and, at the same time, many high-frequency trading algorithms attempted to exit the market with market orders (which were executed at the stub quotes) leading to a domino effect that resulted in the flash crash plunge.[37][38]
One of the more predominant effects of the 1983 crash was on Atari. In 1982, it had published large volumes of Atari 2600 games that they had expected to sell well, including a port of Pac-Man and game adaption of the film E.T. the Extra-Terrestrial. However, due to the quality of these games and other market factors, much of Atari's production did not get sold. In September 1983, Atari discreetly buried much of this excess stock, as well as unsold stock of earlier games, in a landfill near Alamogordo, New Mexico, though Atari did not comment about their activity at the time. Misinformation related to sales of Pac-Man and E.T. led to an urban legend of the Atari video game burial that millions of unsold cartridges were buried there. Gaming historians received permission to dig up the landfill as part of a documentary in 2014, during which former Atari executives clarified that only about 700,000 cartridges had been buried in 1982, backed by estimates made during the excavation, and disproving the scale of the urban legend. Despite this, Atari's burial remains an iconic representation of the 1983 video game crash.[32][33][34]

To help maintain a clear head during stock market crashes, investors should remember that they are business owners -- not ticker symbol owners. While stock prices may plummet, the majority of companies with good business models and strong competitive advantages will likely see a far smaller negative impact to their underlying businesses during these periods. So, be sure to detach stock price performance from business performance.
On August 24, 1921, the Dow Jones Industrial Average stood at a value of 63.9. By September 3, 1929, it had risen more than sixfold, touching 381.2. It would not regain this level for another 25 years. By the summer of 1929, it was clear that the economy was contracting, and the stock market went through a series of unsettling price declines. These declines fed investor anxiety, and events came to a head on October 24, 28, and 29 (known respectively as Black Thursday, Black Monday, and Black Tuesday).

The sandpile study was introduced in a 1987 paper by Per Bak, Chao Tang and Kurt Wiesenfeld, three scientists working at the Physics Department at the Brookhaven National Laboratory. Ironically, the paper was presented to Physical Review Letters a few months before the stock market crash of October 1987, still today the largest ever one-day drop. The title was "Self-Organized Criticality" and falls within a branch of mathematics known as Complexity Theory, which studies how systems can organize themselves into unexpected behaviors arising from the interaction of its smallest and seemingly independent components.

The joint report continued: "At 2:45:28 p.m., trading on the E-Mini was paused for five seconds when the Chicago Mercantile Exchange ('CME') Stop Logic Functionality was triggered in order to prevent a cascade of further price declines. In that short period of time, sell-side pressure in the E-Mini was partly alleviated and buy-side interest increased. When trading resumed at 2:45:33 p.m., prices stabilized and shortly thereafter, the E-Mini began to recover, followed by the SPY".[41] After a short while, as market participants had "time to react and verify the integrity of their data and systems, buy-side and sell-side interest returned and an orderly price discovery process began to function", and by 3:00 p.m., most stocks "had reverted back to trading at prices reflecting true consensus values".[41]
I have good reasons why i prep. I just dont have any confidence in govenment and am no convinved that covernment and city officials, etites etc are busy sitting around worry thier entitles asses off worry about me not eating or having a hard time. Or i am being too paranoid. Agency ass clowns think that you all are so dumb to relax and so that they can steer thinking by convine shtf-effers that i have bad grammar and can’t spell.
By 1983, consumers found that most predicted uses of home computers were unrealistic, except for games. Children used most home computers[9]—Coleco planned to market its Adam home computer to "boys age 8 to 16 and their fathers ... the two groups that really fuel computer purchases"[10]—so games dominated home computers' software libraries. A 1984 compendium of reviews of Atari 8-bit software used 198 pages for games compared to 167 for all other software types.[11] Because computers generally had more memory and faster processors than a console, they permitted more sophisticated games. They could also be used for tasks such as word processing and home accounting. Games were easier to duplicate, since they could be packaged as floppy disks or cassette tapes instead of ROM modules (though some cassette-based systems retained ROM modules as an "instant-on" option). This opened the field to a cottage industry of third-party software developers. Writeable storage media allowed players to save games in progress, a useful feature for increasingly complex games which was not available on the consoles of the era.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
Yes, he’s applying national stats only to local markets. It’s difficult to deny the severe housing shortage in most markets inlcuding Los Angeles, New York, San Jose, San Francisco, Dallas, Seattle, detc. He takes aim at Millennials, whose dreams he doesn’t regard as worthy. There are a lot of people who would like to stifle new housing growth as a way to increse the value of their own property investments. As long as they control politics, housing shortages will continue.
The domestic equity markets started on a positive note on Friday following lower crude oil prices, a sharp recovery in Indian rupee value vs US dollar with Yes Bank shares plunging 34%. Yes Bank shares collapsed as much as 34% in the morning deals after India’s fifth-largest private sector lender informed that Rana Kapoor, MD & CEO, Yes Bank may continue as the MD & CEO till 31 January 2019. The benchmark Sensex rallied as much as 368.02 points to a day’s high of 37,489.24 while NSE Nifty recoiled to a day’s top of 11,346.80.
Shares of tech companies, including the so-called FAANG stocks – Facebook, Apple, Amazon, Netflix and Google-parent Alphabet – have been market darlings for years. So when a sell-off gains steam, the stocks with the biggest gains are among the ones that investors sell first to lock in profits. Tech stocks have also been caught in the trade fight with China, as Trump's tough stance on Beijing is causing disruptions in their supply chain. Technology companies such as Facebook, Twitter and Alphabet are also facing intense regulatory scrutiny from the U.S. government.

On the other hand, tax increases can have the opposite effect. One potential way to fix the Social Security funding problem would be to raise payroll taxes on employees and employers. There are several ways this could happen, but this would mean lower paychecks for workers and higher expenses for employers, and could certainly be a negative catalyst.
As longtime China watchers know, the country’s still-immature markets are in many ways more bubble-prone than their Western counterparts, thanks to heavy involvement from retail investors who often take cues from government policy, rather than quaint notions like earnings. Tanking Chinese stocks—the Shanghai Composite is now down nearly 25% from its January peak—could therefore be taken...

Another reason for sudden fall is IL&FS debt crisis . It has defaulted over 3 payments this month . Since alot of banks have exposure to it's 90,000 crore debt, banking stocks are also seeing a sell off owing that they may to write off this amount . Although LIC has come to it's rescue by buy agreeing to subscribe to it's right issue ,but only the time would tell whether they will able to save this crisis or not.
Agreed, the timing is huge, I know a few people who sold in 2007-2008 in Vancouver and, well, it’s 5 years later and now they’re looking at probably another 5 at least if the market does crash. They thought a crash was coming and were wringing their hands when GFC hit. Then the credit taps were turned to 11 and prices in parts of Vancouver are way up from then, including properties these people were eyeing on MLS. Now it’s another few hundred K on top at least. Ouch.
Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc.2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates.
So take this time to go over your holdings and tally up how much you have in stocks and how much in bonds. If you're not sure of the asset make-up in some of your investments — which may be the case if you own funds that invest in a combination of stocks and bonds — plug the names or ticker symbols of your funds into Morningstar's Instant X-Ray tool, and you'll see how your portfolio overall is divvied up between stocks, bonds and cash.
Based on interviews and our own independent matching of the 6,438 W&R executions to the 147,577 CME executions during that time, we know for certain that the algorithm used by W&R never took nor required liquidity. It always posted sell orders above the market and waited for a buyer; it never crossed the bid/ask spread. That means that none of the 6,438 trades were executed by hitting a bid. [...] [S]tatements from page 36 of Kirilenko's paper[4] cast serious doubt on the credibility of their analysis. [...] It is widely believed that the "sell program" refers to the algo selling the W&R contracts. However, based on the statements above, this cannot be true. The sell program must be referring to a different algo, or Kirilenko's analysis is fundamentally flawed, because the paper incorrectly identifies trades that hit the bid as executions by the W&R algo.
3. They also found, to the surprise of some readers I’m sure, “that some widely cited economic variables displayed an unexpected, counterintuitive correlation with future returns. The ratio of govern- ment debt to GDP is an example: Although its R2makes it seem a better performer than others, the reason is actually opposite to what one would expect—the government debt/GDP ratio has had a positive relationship with the long-term realized return. In other words, higher government debt levels have been associated with higher future stock returns, at least in the United States since 1926″.
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