From Investopedia: An index of 500 stocks chosen for market size, liquidity and industry grouping, among other factors. The S&P 500 is designed to be a leading indicator of U.S. equities and is meant to reflect the risk/return characteristics of the large cap universe.
The Onion might be satire, but there’s some truth to their recent story about Taco Bell.
There are a lot of sports metaphors in finance. How about one more? “Is it fun to have this much money to spend?”