by Paul Sitarz | Apr 28, 2020 | Economy
Government debts are going through the roof! This year the U.S. debt is expected to rise by 15.4% of the GDP. The total U.S. debt will be bigger this year than the total economic output. Let’s explore together the different ways countries may deal with their...
by Paul Sitarz | Apr 24, 2020 | Economy
This week the price of oil was negative! Yes, a negative price! How is it even possible to be paid to buy something? By the end of this post, not only will you understand what happened in the oil market, but you will have a good grasp of how the prices work in the...
by Paul Sitarz | Apr 20, 2020 | Economy
Why on earth, when oil prices go down, the stock market is also going down? At first glance, it seems counterintuitive! When oil prices are low, it should boost the economy because energy is cheaper. So what is going on here? By the end of this post, you will...
![Advance Retail Sales, Industrial Production, and Jobless Claims [Covid-19 Impact]](https://paulsitarz.com/wp-content/uploads/2020/04/retail-sales-figures-featured-image.jpg)
by Paul Sitarz | Apr 16, 2020 | Economy
Yesterday, the U.S. Census Bureau released the advance retail sales figures. They are terrible. Retail and Food services, seasonally adjusted, went down in total by 8.7% in March, compared to February. You can also watch my video “Advance Retail Sales, Industrial...
![JPMorgan Chase Q1 Earnings [Q1 2020]](https://paulsitarz.com/wp-content/uploads/2020/04/jpmorgan-chase-results-q1-2020-youtube-feature-image.png)
by Paul Sitarz | Apr 14, 2020 | Earnings
JPMorgan Chase & Co., the U.S. banking giant, just reported its first-quarter profit and revenue. The earnings per share went down to $0.78, while analysts expected $1.84. It is a steep decline, 69%, from its first-quarter results of 2019. You can also watch my...
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