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HEADLINES ON January 7, 1984
Full News Archive
- Headline: Engaging Saturday News Quiz Challenge. Impact: This quiz led to an explosion of trivia nights across the globe, ultimately resulting in countless friendships and rivalries over obscure facts about the most mundane events. Who knew that knowing who won the 1955 World Series would be the difference between a job promotion and a lifetime of couch surfing?. Fact: Did you know that if you lose at a trivia night, you might be prompted to reevaluate your entire life? It's a real thing..
- Headline: Federal Reserve Money Supply Decline. Impact: The $600 million drop in money supply triggered panic among the financial elite, setting off a chain reaction of increasingly ridiculous economic theories, which culminated in a seminar on 'How to Invest in Beanie Babies.'. Fact: Did you know that the Federal Reserve is like that one friend who never has cash but always wants to split the bill? Classic!.
- Headline: CUOMO SETS UP COMMITTEE TO REVIEW YONKERS FINANCES. Impact: Cuomo's committee to review Yonkers finances led to a never-ending cycle of budget committees that eventually evolved into a reality TV show called 'Budget Cuts and Bruises.' Spoiler alert: no one wins.. Fact: Did you know that forming a committee is the easiest way to ensure nothing gets done? Look at Congress!.
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1984, it would be worth $490,961 today (491.0x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1984, it would be worth $222,603 today (222.6x return)
MCD
McDonald's
McDonald's - If you invested $1,000 in 1984, it would be worth $271,190 today (271.2x return)