The bottom line
Despite a 25 percent year-to-date gain for the S&P 500, investors remain apprehensive about the stock market. More than $130 billion has been drawn from equity funds in 2019, making it the biggest year of outflows on record.
With 156 deals so far this year raising $34.4 billion, Nasdaq is set to beat the New York Stock Exchange in IPOs for the first time since Facebook’s glitch-filled Nasdaq debut in 2012. The NYSE has had 47 IPOs, worth $26.2 billion.
The Wall Street Journal
The fully loaded Apple Mac Pro desktop computer will set you back $52,000. That’s excluding $400 wheels for easily moving around an office, and an extra $4,999 for a new Pro Display XDR monitor—and another $999 for its stand.
The world’s largest collection of pristine Scotch whisky could fetch $10.5 million at auction. The mix of 3,900 rare bottles includes The Macallan 1926 60-year-old Fine and Rare and a Springbank 1919 50-year-old.
Netflix earned 17 Golden Globe nominations for its TV hits to go with its 17 movie nominations, besting Sony (eight) and Disney (six). Broadcast networks? Zero TV nominations.
Forty-nine hotels have reported that a mattress has been stolen off their premises since 2018. In a survey of 1,157 hoteliers, five-star hotels reported guests stole TV sets, tablet computers, and mattresses, whereas four-star guests were more interested in batteries and remote controls.