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 July 3, 1989
Full News Archive
- Headline: Banc One's Commitment to Texas Banking. Impact: Had Banc One not been optimistic about Texas, the state might have become the financial black hole we all secretly know it could be. Instead, that optimism led to a booming economy, which resulted in an influx of cowboys who thought they could make it big in finance. Spoiler: They couldn't.. Fact: Did you know that optimism in banking can sometimes lead to actual financial decisions? Shocking, I know..
- Headline: Exploring the Maze Amusement Phenomenon. Impact: The proliferation of maze amusements led to a rise in confused tourists wandering endlessly, inadvertently creating a new species of 'Maze-Seekers' who believe they can find their way through life just as easily as they do through cornfields.. Fact: Fun fact: Getting lost in a maze is a more popular pastime than actually reading the signs for gambling meccas, because who needs clarity when you can have confusion?.
- Headline: Dancing in the Boxing Ring. Impact: The tumultuous relationship of Tyson and Givens may have inadvertently inspired a generation of boxers to pick ballet as a backup career, thinking that if they can’t fight their way to happiness, they can at least plié their way there. Watch out for the next heavyweight champion at the barre!. Fact: You know, when you think about it, boxing and ballet are basically the same—just with different shoes and fewer concussions in the latter. Who knew art could be so brutal?.
- Headline: ON YOUR OWN; Underhand Move Isn't Underhanded. Impact: Michael Chang's upset of Ivan Lendl not only shook the tennis world but also set a precedent for underdogs everywhere. Now, every time someone roots for the clearly less talented team, they can thank Chang for their misguided optimism.. Fact: It's interesting how an underdog can turn into a champion, while those who always win remain... well, still winning, but with a lot less drama. Where's the fun in that?.
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)