The unemployment rate in the EMU has fallen in August and the ongoing drop speaks to the ongoing economic expansion- not withstanding concerns to the contrary. However, the chart reminds us that any rise in the unemployment rate is an [...]
Introducing
Robert Brusca
in:Our Authors
Robert A. Brusca is Chief Economist of Fact and Opinion Economics, a consulting firm he founded in Manhattan. He has been an economist on Wall Street for over 25 years. He has visited central banking and large institutional clients in over 30 countries in his career as an economist. Mr. Brusca was a Divisional Research Chief at the Federal Reserve Bank of NY (Chief of the International Financial markets Division), a Fed Watcher at Irving Trust and Chief Economist at Nikko Securities International. He is widely quoted and appears in various media. Mr. Brusca holds an MA and Ph.D. in economics from Michigan State University and a BA in Economics from the University of Michigan. His research pursues his strong interests in non aligned policy economics as well as international economics. FAO Economics’ research targets investors to assist them in making better investment decisions in stocks, bonds and in a variety of international assets. The company does not manage money and has no conflicts in giving economic advice.
Publications by Robert Brusca
Global| Sep 30 2019EMU Unemployment Rate at Its Lowest since 2008
- Global| Sep 27 2019
The Euro Dynamic: Where Is It Going?
The EU Commission index for the European Monetary Union countries has fallen to 101.7 in September from 103.1 in August. At this mark, the index has a 49.5 percentile standing on data back to late-1988. The 49.5 mark is barely below [...]
- Global| Sep 26 2019
EMU Money Supply Steps Up Its Pace; Credit Growth Continues to Trend Slowly Higher
Money and credit trends in the EMU are on the upswing and are encouraging. Money growth is almost as strong as it was at its peak pace earlier in this recovery period. Of course, the last time money growth perked up to this pace it [...]
- Global| Sep 26 2019
EMU Money Supply Steps Up Its Pace; Credit Growth Continues to Trend Slowly Higher
Money and credit trends in the EMU are on the upswing and are encouraging. Money growth is almost as strong as it was at its peak pace earlier in this recovery period. Of course, the last time money growth perked up to this pace it [...]
- Global| Sep 25 2019
U.K. Distributive Trade Survey Shows Mixed Weakness
There are two layers to the distributive trade retail and wholesale survey. The first is the report on both sectors for September; the second is the report for expectations in October. The September results for retail sales volumes: [...]
- Global| Sep 24 2019
Minor, Meaningless, Bounce in German IFO
The German IFO gauge is weak and remains weak after a slight improvement logged in September. The current business situation reading improved to 24.5 in September from 21.9 in August and expectations overall ‘improved’ to -2.0 from [...]
- Global| Sep 23 2019
PMIs Show Weakness Relapse in Europe
The flash EMU composite PMI has fallen to 50.4 in September from 51.8 in August. This is a substantial drop of 1.4 points month-to-month. Since February 2015, the average monthly change (in absolute value) in the composite PMI has [...]
- Global| Sep 20 2019
German PPI Drops in Step with Oil
German PPI drops as Brent oil prices continue to descend The drop in the German PPI brings several thoughts to mind. One of them is that ongoing price declines are not good with inflation already undershooting and the European Central [...]
- Global| Sep 19 2019
U.K. Retail Sales Weaken in August- But What About the Outlook?
U.K. nominal retail sales ticked up 0.1% in August while sales volume fell by 0.3%. The slowing was unexpected, but sales growth is still solidly in place. Nominal sales are up by 3.4% over 12 months and sales over six months are [...]
- Global| Sep 18 2019
U.K. Inflation Is Even More Tempered
High inflation is one less thing that the Bank of England has to worry above as the U.K. CPIH was flat in August, dropping its year-over-year pace to 1.7%, its slowest annual gain since November 2016. The 'core' excluding food, [...]
- Global| Sep 17 2019
ZEW Economic Expectations Largely Improve As Current Conditions Slip
Current assessments peaked around mid-2018, marking one of only four episodes of positive current assessments by ZEW experts since January 1999. Expectations had peaks just a bit earlier and have been falling steadily ever since. [...]
- Global| Sep 16 2019
French Retail Trends Turn Flat or Worse
Chart shows weakening auto sales and weakening sales of all industrial products including autos Retail sales volumes in France are showing some growth but very little strength. Total sales volumes are up by 0.3% month-to-month in [...]
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