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 March 16, 1989
Full News Archive
- Headline: Whistle-Blower Exposes Singer Company Secrets. Impact: If it weren't for this whistle-blower, we might never have realized that government contracts could be overcharged! Fast forward a few decades, and suddenly every contractor is like, 'Wait, can we charge more?'. Thanks a lot, whistle-blower, for paving the way for future budget overruns!. Fact: Did you know that whistle-blowers have been known to stir up more drama than a reality TV show? It's almost like they want a gold star for revealing corporate shenanigans!.
- Headline: Stocks Surge Following Trade Deficit News. Impact: This seemingly trivial rise in the Dow due to trade data may have led to a chain reaction of investors treating their stock portfolios like a high-stakes poker game. Who knew a 14.29 point increase could inspire someone to bet their life savings on Dogecoin decades later?. Fact: Fun fact: The Dow Jones Industrial Average has been around since 1896! That's right, it's older than your great-grandma’s secret cookie recipe!.
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)