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OTBWY said:
offline said:

It's hard to take you seriously when you choose to ignore simple facts. Of course the GOP tax bill has an effect on overseas stock markets. Here are a few articles to make it easier for you to understand.


http://uk.businessinsider.com/trump-tax-reform-bill-driving-stock-market-crazy-2017-11
Trump Tax Reform Bill Driving Stock Market Crazy
"Tech — While the selling in this space on Wednesday may have come as a surprise to some, it makes sense when you consider that the sector has the third-lowest tax rate out of any industry, according to data compiled by S&P Global. That means companies in the group have less to gain from a corporate tax cut, and investors are recognizing that by pulling money and allocating it elsewhere."

https://www.ft.com/content/c63761db-55e1-39ff-8f4c-007406b76ea0
Tech stocks sell-off continues in Asia Pacific
"Asia Pacific equities dipped on Thursday as a sell-off for technology stocks on Wall Street carried over into the region."

https://www.ft.com/content/f45648c2-22f4-32a3-a1b5-00fe8de6d3b9
Tech stocks sell-off reaches Europe
"Technology stocks are under pressure after the sell-off in the sector that began on Wall Street overnight reached Europe."

I find it funny how desperately you want it to be like that, but let me let you in on something. The Nikkei is up. So are most European markets btw (even though it's a sidestep). Within 5 days too. Nice try, but it was Animal Crossing.

Not even my own words: It's literally your word, against the word of a economics PHD - Game industry consultancy CEO.

I don't think the market pays as close attention as we do to the game info. Sales > everything else. 



“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.