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 October 25, 1998
Full News Archive
- Headline: Impact of Fed's Rate Cuts on Bonds. Impact: The indecisiveness of the Federal Reserve concerning interest rates caused a cascade of confusion among investors, leading to the phrase 'waiting for the Fed' becoming the new 'waiting for Godot'. This left many wondering if they should just invest in coffee instead.. Fact: Did you know that the bond market can provide more drama than a soap opera? Spoiler alert: nobody wins, but everyone's glued to their screens waiting for the next plot twist..
- Headline: Reid Wins And Stays On Path To a Title. Impact: David Reid's victory marked a pivotal moment in boxing history, inspiring a new generation of fighters. This led to an unexpected increase in boxing gyms and a corresponding rise in 'Rocky' montages in homes across America.. Fact: Did you know that boxing matches are just highly organized forms of 'who can take a punch better'? It's like a reality show, but with fewer tears and more sweat..
- Headline: 60 Years After Invasion, Some Revisionist History in Grovers Mill. Impact: The anniversary of Welles' broadcast re-ignited interest in the impact of media on public perception, leading to an age where conspiracy theories flourish and no one believes anything without a YouTube video to back it up. Thanks, Orson!. Fact: Did you know that Orson Welles was just trying to make a point about gullibility, and here we are, 60 years later, still falling for the same tricks? Talk about a legacy!.
- Headline: Counter Intuitive. Impact: The rich and famous flocking to a modest sub shop paved the way for a curious trend of upscale fast food. Soon, gourmet hot dogs were being served with a side of existential crisis.. Fact: Did you know that the rich eating at humble eateries is like a peacock showing up at a pigeon convention? It’s just a bit out of place, but hey, everyone loves a good photo op!.
- Headline: Mount St. Michael Pulls A Stunner on Chaminade. Impact: This unexpected upset in high school football created an underdog narrative that inspired countless films and motivational posters, proving that even teenagers can turn the tide of history—or at least make us believe in miracles.. Fact: Did you know that high school sports are just a microcosm of life’s larger battles? And yes, they can be just as dramatic, minus the life-or-death consequences—usually..
- Headline: An East End Transfer Tax? Realtors Say No Way.. Impact: The uproar over the transfer tax led to a prolonged battle between residents and lawmakers, shaping local politics and ensuring that the phrase 'no new taxes' became a rallying cry for property owners everywhere, regardless of how ridiculous the issue was.. Fact: Did you know that real estate debates are the adult version of children arguing over who gets the last cookie? Spoiler: no one actually wins..
- Headline: A La Carte; Thrills of Mexico in an Unassuming Spot. Impact: This little restaurant review sparked a culinary trend that saw the rise of 'hidden gems', leading to a food culture obsessed with Instagramming every bite and more food bloggers than you can shake a burrito at.. Fact: Did you know that the best food is often found in the most unassuming places? If only the same could be said for the people who post about it online..
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)