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 June 1, 1989
Full News Archive
- Headline: Reviving Urban Courtyards from the 80s. Impact: The restoration of city courtyards led to an unexpected boom in hipster gardening trends, resulting in the rise of brunch spots serving kale smoothies in what were once neglected urban spaces. Little did they know, this would culminate in a nationwide shortage of avocados in 2023.. Fact: In the 80s, people thought indoor plants would be the future of interior design. Spoiler alert: they were right, but only if you could keep them alive..
- Headline: Historic House Restored to Its Origins. Impact: The dual restoration of the George Read 2d house sparked a nationwide obsession with historical homes, leading to an underground movement of house flippers who only use period-accurate paint colors. The result? A thriving market for ‘authentic’ 1700s wallpaper... in 2023.. Fact: The 1920s saw a revival of colonial styles, which is ironic because most of those colonists would probably be horrified to see how much we pay for a slice of their 'fashionable' history today..
- Headline: Talking Deals; How Rich Is Pact For Disney Head?. Impact: The questioning of Disney executives’ salaries led to a series of shareholder meetings where investors began to demand character-themed financial reports. This ultimately resulted in an animated series about corporate greed starring Mickey Mouse, but it was never aired due to 'conflicts of interest.'. Fact: If you think Disney's earnings are magical, just wait until you see the financial wizardry that goes into hiding how much they actually pay their CEOs. You'd think they were paying them in gold-plated pixie dust!.
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)