Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON May 16, 1983
Full News Archive
- Headline: Analyzing Discount Rate Dynamics. Impact: The Federal Reserve's decisions on discount rates could have led to an alternate timeline where people barter eggs for stock tips. Imagine the stock market being run by chicken farmers instead of Wall Street brokers!. Fact: Fun fact: The term 'discount rate' has nothing to do with sales at your local supermarket; it's just how we keep pretending we understand economics while secretly Googling everything..
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1983, it would be worth $784,047 today (784.0x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1983, it would be worth $188,194 today (188.2x return)