{"id":66746,"date":"2021-05-22T02:15:47","date_gmt":"2021-05-22T09:15:47","guid":{"rendered":"https:\/\/lenpenzo.com\/blog\/?p=66746"},"modified":"2023-01-21T14:01:04","modified_gmt":"2023-01-21T22:01:04","slug":"black-coffee-22-may-2021","status":"publish","type":"post","link":"https:\/\/lenpenzo.com\/blog\/id66746-black-coffee-22-may-2021.html","title":{"rendered":"Black Coffee: Heaven and Hell"},"content":{"rendered":"

\"\"It’s time to sit back, relax and enjoy a little joe …<\/em><\/p>\n

Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what’s been going on in the world of money and personal finance.<\/p>\n

I hope everybody had a wonderful week. And with that, let’s get right to this week’s commentary, shall we?<\/p>\n

The world is full of kings and queens
\nWho blind your eyes and steal your dreams
\nThey’ll tell you black is really white
\nThe moon is just the sun at night
\nAnd when you walk in golden halls
\nYou get to keep the gold that falls<\/em><\/p><\/blockquote>\n

— Ronnie Dio<\/strong><\/p>\n

Credits and Debits<\/strong><\/p>\n

Credit:<\/strong><\/span> Did you see this? According to investment research<\/a> strategist, Ed Yardeni, Wall Street is going to remain in investing heaven because the S&P 500 will soon reach 4500. No, really<\/a>. If true, that’s up nearly 10% from its current level. But before you get too excited, keep in mind that Venezuela and Zimbabwe both had the best-performing stock markets in the world during their latest hyperinflations — at least in nominal terms. Some would argue the US markets’ relentless rise is a budding symptom of the same problem.<\/p>\n

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pic.twitter.com\/DPmoONYCzt<\/a><\/p>\n

Alexandr Ferreira (@a_ferreira42) May 19, 2021<\/a><\/p><\/blockquote>\n