![]() ![]() The next-closest reversal was a 48-point drop over the same span in 1987. “That’s the largest momentum swing in history - and it’s not particularly close.” “The journey from ecstasy to agony is entirely unprecedented, in the United States at least,” writes Bloomberg macro strategist Cameron Crise, who earlier noted this inauspicious achievement. The Dow close last Friday was 25520, the S&P close was 2757 so those are big percentage moves.īloomberg reports This Is the Worst Momentum Swing for U.S. 4747 points for the Dow and 529 points for the S&P 500. The weekly fluctuations are quite remarkable. The above chart shows day-by-day changes in futures, rounded to the nearest point. I think that is quite a bit of nonsense, as it measures every intraday swing no matter how small. It’s like “ Born in the U.S.A.” for the Carolinas.CNBC reports Dow travels more than 22,000 points in one of the wildest weeks since the financial crisis. I knew that, even after I had been gone and even for years to come, that that song will forever be a song of enjoyment for people. A lot of people don’t understand that a lot of the names I’m naming out are all different prisons that I have been to in the state of North Carolina. I made that song for a place that I came from. You play those songs and you’re guaranteed to get the party started.ĭoes hearing “Raise Up” today make you remember anything from your past specifically? When those records came on, it just changed the mood of whatever atmosphere you in. The one that just sticks out is Juvenile‘s “Back That Azz Up” and Ying Yang Twins‘ “Salt Shaker.” It was a record to get the girls pumped up, but it was also such a energized record. ![]() When you think of other songs from the 21st century, what would your favorite chorus be? We were on a whole ‘nother side of the world and they are playing my song on the radio. Hearing it in another country was the greatest feeling of all, because it’s like I’m in another country but they’re screaming, yelling “North Carolina!” Like, wow, I did that. We went to do a show in Germany and we were riding down the highway. We were talking and I said, “Turn the radio up,” and it came on. You’ll forever love your first-born because there’s something special about your first-born.ĭo you remember a specific instance where you first heard “Raise Up” on the radio or in the club, and feeling a sense of pride? Even if I made a song that was bigger than that, this will forever be… this is like somebody with a child. I do it for the people that come from where I come from. I love to do what I do, and that’s who I do it for. Yes, I have to say that, because it’s representing where I’m from. It was kind of crazy.ĭo you feel like it was the best chorus you’ve ever written? You’re gonna have to do something else.” I was like, no, I’m telling y’all, ‘cause I’m actually doing music for my people to be happy that someone made it out. They were like, “Petey, nobody knows where North Carolina is. At the time, I had no idea the record would be as big as it was, and I just really wanted the recognition because my label, at first, didn’t want me to do that. That I just really wanted my hometown and my states to be proud of me. You’re definitely repping your North Carolina roots, but what was going through your mind as you were creating this song? The way Tim used to do music is he’d give you a simple loop and be like, “All right, now rap on it.” Then you give it back to him, and he’d take it and do all this extra amazing stuff to it. When he gave it to me, it was just a simple loop. The UNC Tar Heels marching band also played on the hook as well. I was like, “Tim didn’t give me the normal Timbaland beat, so I guess he’s trying to see if I’m worthy of a Timbaland beat.” So it took me like a day or two to put the song together, but I did the hook in maybe a few hours, just riding down the highway. People that knew Timbaland knew him for his signature sound, and that was a sound I had never heard before from Tim. It didn’t sound like a Timbaland beat at the time. The whole song itself took me a minute, because at first, I was really uncomfortable with the song I had gotten from Timbaland. How long did it take you to write that part? It started as a joke that turned to, “Wait a minute, that actually sounds good.” playing the instrumental over and over again. Then it seemed like a helicopter was following me all the way from Baltimore to Washington, D.C., and I just kept thinking, like, “North Carolina, come and raise up, take your shirt off, twist it ‘round your hand,” like this helicopter that kept flying over my head. I remember riding down the highway coming from New York to Washington, D.C. How did the chorus of “Raise Up” come together? ![]()
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