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 4, 1998
Full News Archive
- Headline: Resilience of Roundabout Theatre Company. Impact: The Roundabout Theater's financial melodrama led to an unexpected rise in corporate sponsorships in the arts, eventually causing the world's largest corporate sponsor of drama to be a toothpaste brand. Shakespeare on minty freshness? Yes, please!. Fact: In the world of theater, a single bad review can turn a drama into a comedy—just ask any playwright with a sense of humor..
- Headline: El Duque's Debut Strikes Gold. Impact: El Duque's strikeouts not only solidified his place in baseball history but also inspired a generation of aspiring pitchers to throw strikes—literally. Fast forward, and we're now in an age where parents are enrolling toddlers in 'throwing clinics' instead of playgroups.. Fact: Orlando Hernandez's nickname 'El Duque' actually means 'The Duke'—a title that implies nobility, which is ironic considering the amount of spitballs thrown in baseball history..
- Headline: Timeless Journeys Through France, Spain, Italy. Impact: The nostalgia for frozen moments in these countries led to a world-wide obsession with travel CDs. Fast forward, and we have influencers freezing their faces with filters while traveling through 'Instagrammable' moments instead.. Fact: In the age of instant travel blogs, the only thing that remains frozen in time is your internet connection when you're trying to upload vacation photos..
- Headline: Credit Card Purchases of Fund Approved. Impact: The SEC's approval of credit card purchases for funds turned every investor into a casual shopper, leading to the rise of a new breed of 'day traders' who think Wall Street is just a mall with more jargon.. Fact: Now you can buy shares in your favorite fund while simultaneously ordering pizza. Because who needs to focus when you can multitask your way to financial ruin?.
- Headline: INTERNATIONAL BUSINESS: Japan Braces For Arrival Of 'Big Bang'; Financial Services Industry Is Opening to Foreigners. Impact: Japan's financial 'Big Bang' opened the floodgates for international influence, resulting in the cultural phenomenon of sushi burritos. Who knew liberalizing the market would also lead to culinary chaos?. Fact: The term 'Big Bang' was originally used in physics, but it turns out it's also applicable to explosive financial changes—and the sudden realization that you can get a burrito filled with raw fish..
- Headline: Raytheon Army Contract. Impact: Raytheon's contract for mobile radar systems not only advanced military technology but also inspired a series of sci-fi movies where robots take over and start detecting incoming fire from alien spaceships. We just can't escape the sci-fi trope!. Fact: The only thing more terrifying than an incoming missile is an incoming robot that can track it. Welcome to the future of warfare!.
- Headline: Metro Matters; The Last Peep For Smutland In Times Sq.?. Impact: The loss of X-rated shops in Times Square led to a cultural shift where people began to romanticize the 'good old days,' ultimately resulting in a series of coffee shop memoirs about the nostalgic allure of adult entertainment.. Fact: New Yorkers missing adult shops might need to remember that the 'adult' in 'adult entertainment' often included 'adult decisions'—like whether to go home or to that one shop..
- Headline: Goldwater Is Honored as a Man of Principle. Impact: Goldwater's memorial service became a rallying point for political integrity, creating a ripple of 'honesty' in politics that we all know was short-lived. Spoiler alert: it didn't last long.. Fact: Barry Goldwater was known for his principles, but if he were around today, he might just be trying to charge for political honesty—now that's a campaign promise!.
- Headline: House Proud; Gothic Romance on the Hudson. Impact: The symposium on 19th-century architects led to a renewed interest in Gothic architecture, causing a spike in home renovations and a bizarre trend of people wanting to live in castles—because who doesn't want to pay a mortgage on a 'historic' dungeon?. Fact: Historic districts are like reality TV for architecture enthusiasts—lots of drama, questionable decisions, and a few surprises hidden behind the walls..
- Headline: It's Communication: One Man, One Horse, One Heart. Impact: Stevens' preparation for the Belmont Stakes inspired a wave of motivational horse riding memes, leading to a new subculture of horse enthusiasts who believe they can communicate with horses through motivational speeches.. Fact: If only horses could talk, they might tell you that the Belmont Stakes is just a fancy way of saying, 'I run fast for snacks.'.
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1998, it would be worth $2,234,025 today (2234.0x return)
AMZN
Amazon
Amazon - If you invested $1,000 in 1998, it would be worth $914,661 today (914.7x return)