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How many cups of coffee do you drink every day? I get through quite a few. It has no impact on my sleep later, so I go on firing up the Nespresso machine into the early evenings.
Research in the UK shows that coffee has now overtaken tea. Consumer surveys of daily hot beverage preferences have it as 63% vs. 59%.
About 3 billion cups of coffee are consumed per day around the world, according to the FT. That number has nearly doubled over the past three decades and is expected to double again by 2050.
We recommend that you hold Starbucks shares. Over the next two years, they are on pace to open a new store in China every nine hours.
