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[Draugoth]

Asian Stock market this Monday woke up in upwards of 15% decline, multiple gaming companies have been affected:

​

Nintendo -15%
Sega -13%
Capcom -16%
Nexon -13%
Cave -23%
Konami -8%
Sony -6%
Marvelous -10%
Cyberagent -10%
Koei Tecmo -6%
Square Enix -5%​

 

[HeisenbergFX4]

Things about to get worse

 

[Kupfer]

What happened?

 

[winjer]

What happened?

Basically, the end of the Japan Carry Trade.

 

[Thick Thighs Save Lives]

From the other thread I've posted about this.

---

Btw, the yen is strengthening fast so if you guys are planning on importing stuff like physical games, figures, etc. I'd do it sooner rather than later.

The yen strengthened to the 141 level to the dollar Monday, a seven-month high. It had appreciated to the mid-146 level from the higher end of the 148 level in New York trading Friday. That came after a weaker-than-expected July U.S. jobs report stoked recession worries and raised questions about whether the Federal Reserve should have cut rates at its July meeting.

 

[Punished Miku]

What happened?

They finally made Zelda the main character in a game.

 

[adamsapple]

Time to fire up the acquisition spree, Phil.

 

[DenchDeckard]

Gaming industry feels really fucking broken right now. I feel like something really bad is potentially on the horizon.

 

[Thick Thighs Save Lives]

Time to fire up the acquisition spree, Phil.

Tech bubble is bursting.

 

[Roxkis_ii]

I just watched this video on it.

 

[Z O N E]

Microsoft looking at these gaming companies price drop:

 

[ChuckeRearmed]

Tech bubble is bursting.

well if I anybody can buy any of those companies, they can try

Time to fire up the acquisition spree, Phil.

I think nobody will buy anything now due to elections and stagnation in gaming. I am more curious with SE earning report will tank it even more.

 

[hemo memo]

I don’t mind a crash if it means things will be fixed. Also PC will surely survives whatever the effect is.

 

[Deanington]

From the other thread I've posted about this.

---

Btw, the yen is strengthening fast so if you guys are planning on importing stuff like physical games, figures, etc. I'd do it sooner rather than later.

Thanks for this. I like to import JDM fishing gear because it is a lot cheaper than US prices.

 

[Kupfer]

They finally made Zelda the main character in a game.

Hasn't he always been?

 

[Thick Thighs Save Lives]

Thanks for this. I like to import JDM fishing gear because it is a lot cheaper than US prices.

Yeah, no worries. Just wanted to give everyone a heads-up of what's currently happening. I'm planning on doing 2 more purchases ASAP from Japan since things are moving real fast.

 

[ChuckeRearmed]

I don’t mind a crash if it means things will be fixed

it will be fixed with kernel update

 

[StereoVsn]

From the other thread I've posted about this.

---

Btw, the yen is strengthening fast so if you guys are planning on importing stuff like physical games, figures, etc. I'd do it sooner rather than later.

Yeah, that’s a very good point, need to get a few things from Amazon JP that I keep putting off.

Also, I should have gone to JP to vacation this June instead doing another beach trip!

 

[Hohenheim]

Now could be a good time to buy some stocks in companies like Nvidia and Nintendo, right? Before Nintendo announce the new console and Nvidia announce the Rtx 50-series.

 

[Skifi28]

Who do I kill if Capcom is affected? Daddy wants his next MH a masterpiece and on time.

 

[Gamer_By_Proxy]

It's not just the gaming industry or tech sector. We're going into a recession.

 

[yazenov]

Check out intel stocks for very deep sales.

 

[StereoVsn]

Now could be a good time to buy some stocks in companies like Nvidia and Nintendo, right? Before Nintendo announce the new console and Nvidia announce the Rtx 50-series.

It’s going to go lower I would say, but you never know.

BoJ f-d up by raising I think and Fed f-d up by not cutting in July.

 

[BennyBlanco]

Might be a good time to buy the Nvidia dip, or everything could keep crashing.

 

[StereoVsn]

Might be a good time to buy the Nvidia dip, or everything could keep crashing.

Yeah, this is a huge question mark right now. It could be just a scare for a few weeks.

On the other hand we could go down even more and with Presidential election upcoming who knows what happens. And job market is down quite a bit.

 

[Setsuna Mudou]

Microsoft looking at these gaming companies price drop:

microsoft then realizing their own stock prices dropped 9% as well

 

[ChorizoPicozo]

why?

 

[Ass of Can Whooping]

Step 1. FOMO in

Step 2. Get scared because it's still dropping

Step 3. Panic sell

Step 4. Stocks recover

Step 5. Take a break from the market until the next crash

Step 6. Go back to step 1

Good luck, retards

 

[ChorizoPicozo]

Time to fire up the acquisition spree, Phil.

lol. this can be read in both ways

 

[Thick Thighs Save Lives]

Yeah, that’s a very good point, need to get a few things from Amazon JP that I keep putting off.

Also, I should have gone to JP to vacation this June instead doing another beach trip!

Yup. I placed an order a couple of days ago and today another one on Amazon JP. I still have 3-4 physical games I want to get, including a couple of pre-orders.

 

[FeralEcho]

They finally made Zelda the main character in a game.

 

[Cert.in.Death]

Overdue.
Buckle up buttercups.

 

[StereoVsn]

Yup. I placed an order a couple of days ago and today another one on Amazon JP. I still have 3-4 physical games I want to get, including a couple of pre-orders.

Nice! And yeah, got a few games and some hardware on my wishlist there.

I also need to order a few things from Play-Asia as I could see their prices go up too.

 

[hemo memo]

Imagine Asia market crash and we only have the west for gaming. It’ll be a woke festival.

 

[James Sawyer Ford]

I just watched this video on it.

This guy is a clueless clown

 

[KaiserBecks]

Who do I kill if Capcom is affected? Daddy wants his next MH a masterpiece and on time.

Don’t worry I got you covered. I preordered Dead Rising Deluxe Remaster twice so Capcom should be alright.

 

[Daniel_Mallorca1985]

Time to fire up the acquisition spree, Phil.

 

[Roxkis_ii]

This guy is a clueless clown

That's the first video I've seen from him. What makes him a clown?

 

[DeltaPolarBear]

Japan had been delaying the need to raise interest rates. Because of the delay, the impact is greater than it would have been if done earlier.

Zero interest rates is never suppose to be sustained. Japan held on longer than most. I am hoping that Japan's economy re-balances after this.

 

[Magic Carpet]

Cave has their own stock?

 

[TrebleShot]

wow all that hentai and no one paying for it.

 

[James Sawyer Ford]

That's the first video I've seen from him. What makes him a clown?

He’s a charlatan influencer that’s been laughed off his platform by all kinds of shady shit

 

[Leviathicus]

Is my fault guys, I recently started investing in stocks.

 

[DryvBy]

I was just saying this last night to some friends. I cant get into my Fidelity accounts and last week there was a talk of recession.

 

[Pagusas]

Is my fault guys, I recently started investing in stocks.

 

[lughnasadh123]

There's constantly been talks about a recession, so why now? I swear every fucking thing has been blamed for this except aliens right now.

 

[Kupfer]

Basically, the end of the Japan Carry Trade.

Explain me like I'm five plz

 

[winjer]

Explain me like I'm five plz

Japan had very low interest rates. So lot of companies and investors borrowed in yens and then invested in currencies with high interest rates. But now Japan has increased its interest rates, so this strategy no longer works. Now companies and people with money stuck in this strategy are bound to gain less money or even lose money.

 

[Labadal]

This isn't a video game related crash dive, it's the stock market in general. It's crimson red all over the place.

 

[mckmas8808]

It's not just the gaming industry or tech sector. We're going into a recession.

We are NOT going into a recession. The FED will lower interest rates twice this year and things will be set straight. There's an easy fix to this in America.