JULY 9, 1982

Full News Archive

• Headline: Conquistador Cielo's Multi-Million Dollar Valuation. Impact: When Conquistador Cielo was valued at $33 million, it set off a chain reaction in the horse racing world. Suddenly, every horse owner thought their nag could be the next multi-million-dollar stallion. Fast forward a few decades, and now horses are on the stock market. Welcome to the age of equine hedge funds!. Fact: Did you know Conquistador Cielo could actually have been a racehorse in a different timeline? I mean, with a name like that, who wouldn't want to see him galloping across the track, cape billowing in the wind?.
• Headline: The Birth of Disney's 'Tron'. Impact: The idea of being 'sucked inside' a computer in 'TRON' sparked a million nightmares and fantasies. Fast forward to today, where people are basically living their lives online, and you have to wonder: did we just take a wrong turn at the digital highway?. Fact: Did you know that 'TRON' inspired an entire generation of techies and gamers? Ironically, those 'computer whizzes' are now just trying to figure out how to reset their Wi-Fi routers..
• Headline: OPEC's Impact on U.S. Investment Strategies. Impact: The U.S. Treasury's need to sell $90-110 billion in IOUs was like dropping a boulder into a pond of economic ripples. This action inevitably led to the financial crisis, where everyone suddenly became an economist. Spoiler alert: they weren't very good at it.. Fact: Did you know that President Reagan's record budget deficits were so large they could probably have been classified as their own country? Welcome to the land of the free, home of the deficit!.