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 February 18, 1989
Full News Archive
- Headline: Skateboard Culture and Cinematic Intrigue. Impact: This film ignited a skateboard craze that led to an entire generation of kids trading their bicycles for boards, inadvertently creating a global shortage of bike helmets. Who knew a mediocre movie could shape the course of childhood injuries?. Fact: Fun fact: This film was so forgettable, it was almost used as a sleep aid for insomniacs. Just don't blame me if you wake up with a skateboard under your bed!.
- Headline: Toy Makers Rely on Proven Success. Impact: By cloning dolls and reviving old products, toy makers unknowingly laid the groundwork for a future filled with nostalgia-fueled adults buying action figures they played with as kids, leading to the rise of overpriced collectibles and a subsequent mid-life crisis industry.. Fact: Did you know that the most 'profitable' dolls are actually just old ones dressed in new clothes? Who knew fashion could be so repetitive!.
- Headline: Dow Jones Rises for Third Day. Impact: This stock market uptick was the precursor to an endless cycle of financial optimism that would lead people to believe they could retire early. Spoiler alert: most didn't.. Fact: Surprise! The Dow's ups and downs are like a rollercoaster ride; thrilling while it lasts, but leaves you questioning your life choices afterward..
- Headline: To Cut Costs, Buy Just Part of a Jet. Impact: This novel approach to corporate travel inadvertently inspired the 'fractional ownership' model in various industries, leading to a world where everyone shares everything, including your neighbor's dog, whether you like it or not.. Fact: Did you know that buying part of a jet is essentially the same as sharing an apartment with a roommate who insists on playing loud music at 3 AM? Welcome to the glamorous world of corporate travel!.
- Headline: COMSUMER'S WORLD; COPING: With Compact Disk Storage. Impact: The compact disk storage crisis foreshadowed future tech clutter dilemmas, eventually leading to the great digital storage wars of the 21st century, where the battle for cloud space becomes a thing of legend.. Fact: Fun fact: The real issue wasn't just where to put your CDs, but how long it would take to find that one obscure album you swore you'd never lose. Spoiler: it was always at the bottom of the pile..
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1989, it would be worth $971,793 today (971.8x return)
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1989, it would be worth $2,127,569 today (2127.6x return)