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 25, 1987
Full News Archive
- Headline: Home Loan Demand Declines Amid Interest Hike. Impact: The decline in home loan demand sent ripples through the economy, leading to the rise of tiny homes and the hipster movement of living in converted school buses. If only those mortgage rates had stayed low, we might have had fewer bearded baristas and more suburban families.. Fact: Home loans are like relationships: once the interest rates go up, everyone starts to panic and reevaluate their life choices..
- Headline: Tennis World Dynamics are Shifting. Impact: As the tennis guard changed, the world saw a sudden surge in tennis-inspired fashion. Next thing you know, people were wearing headbands in grocery stores, thinking they could serve up a killer avocado toast. Who knew a racket could lead to such a racket in the clothing industry?. Fact: In the world of tennis, the only thing that serves up more drama than the players are their hairstyles—especially those unfortunate mullets from the '80s..
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1987, it would be worth $1,945,817 today (1945.8x return)
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1987, it would be worth $4,778,667 today (4778.7x return)
INTC
Intel
Intel - If you invested $1,000 in 1987, it would be worth $146,978 today (147.0x return)