Verified invention milestones and practical breakthroughs associated with the year.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON October 29, 1997
Full News Archive
- Headline: Market Rebounds After Significant Drop. Impact: The 554.26-point drop set off a chain reaction that triggered a global shopping spree, leading to the infamous Black Friday where everyone thought they were getting bargains, but really just bought more junk they didn’t need. The bargain hunters of 1997 would later become the hoarders of the 2000s, all thanks to this 'opportunity.'. Fact: Did you know that after every stock market plunge, someone inevitably suggests it's a great time to buy? It's like saying, 'Hey, your house just burned down, wanna invest in some marshmallows?'.
- Headline: Caviar Russe: An Indulgent Experience. Impact: Ruth Reichl's review may have single-handedly created a caviar culture in America, leading to an entire generation of hipsters who think eating fish eggs is the epitome of sophistication and a requirement for brunch.. Fact: Fun fact: Caviar is technically just fish eggs, which means there are people spending a fortune on what is essentially the fancy version of chicken nuggets..
- Headline: New Jersey Daily Briefing; Bus Strike Strands Commuters. Impact: The bus strike not only stranded commuters but also paved the way for the rise of ride-sharing apps, as thousands of frustrated individuals turned to their phones for salvation, leading to the birth of the Uber generation.. Fact: Fun fact: This bus strike was so iconic it inspired a new trend called 'standing around and looking frustrated,' which is now popular among commuters everywhere..
- Headline: Metro Business; Restaurant Planned For Delmonico Site. Impact: The leasing of the historic Delmonico's space set off a wave of nostalgia for fine dining, leading to a rise in Instagram posts of overpriced entrees and the birth of 'food influencers' who think they’re the next Gordon Ramsay.. Fact: Fun fact: People often forget that just because a restaurant is on a historic site doesn’t mean the food will be good. It could just mean they overpriced a mediocre dish and sprinkled it with a little 'history.'.
- Headline: RESTAURANTS. Impact: Ruth Reichl's second review of the same caviar parlor cemented its status as a must-visit, spawning a trend in New York where people would pay $100 for a tiny spoonful just to say they 'tried it.'. Fact: Did you know that the average person would rather eat a plate of caviar than admit they once enjoyed a hot dog at a baseball game? Priorities, people!.
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1997, it would be worth $1,728,706 today (1728.7x return)
AMZN
Amazon
Amazon - If you invested $1,000 in 1997, it would be worth $2,315,839 today (2315.8x return)