The EMU trade and current account positions shifted to post larger surpluses in July. Exports rose and imports were dead flat on the month. The trade surplus rose to 18.96 billion euros while the current account surplus moved sharply [...]
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 13 2019European Trade and Current Account Surpluses Expand
- Global| Sep 12 2019
Euro Area IP Falls for the Second Straight Month; IP Declines over 3 Months, 6 Months and 12 Months
EMU-area industrial output declined in July but fell by less than it did in June. Headline and manufacturing IP trends both show deteriorating trends from 12 months to six months to three months. Intermediate goods show the fastest [...]
- Global| Sep 11 2019
EMU Inflation Remains Low, Growth Weak; Focus in on Thursday's ECB Meeting
The early reporters of August's HICP that are ‘original' EMU members are listed in the table. EMU inflation is low; most member inflation rates are low and below the pace set for the EMU-wide HICP itself. There are no country level [...]
- Global| Sep 10 2019
EMU Member IP Declines Become Rarer in July- Does That Mean Something?
Manufacturing industrial production shows limited declines in July with only three of the early European reports showing drops (Germany, Italy and tiny Malta). However, there is not enough here to suggest that the period of weakness [...]
- Global| Sep 09 2019
Japan's Economy Watchers' Assessment Has Collapsed
Japan has many surveys and economic indicators. It can be useful to look at the economy from many different angles and to get some reports that are very topical but not so detailed and others that are very detailed but not so topical. [...]
- Global| Sep 06 2019
German IP Falls by 0.6%; Output Is Falling and Sequentially Decelerating
Germany's industrial output fell by 0.6% in July, having fallen for two months running. It has also fallen in three of the last four months with the only rise being a tiny 0.1% gain in May. This is a clear weak stretch for German [...]
- Global| Sep 06 2019
German IP Falls by 0.6%; Output Is Falling and Sequentially Decelerating
Germany's industrial output fell by 0.6% in July, having fallen for two months running. It has also fallen in three of the last four months with the only rise being a tiny 0.1% gain in May. This is a clear weak stretch for German [...]
- Global| Sep 05 2019
Is Germany Set to Take a Tumble?
The German condition German orders have been declining long enough and the decline has been substantial enough that talk of a German recession has emerged. This month's report will not put a stop to it. The government has spoken of a [...]
- Global| Sep 04 2019
Composite PMIs Remain Low But Firm in August
Globally, composite PMIs in August generally firmed a bit while manufacturing remained weak and mixed month-to-month with a small tilt to improvement. Viewed on data over the last four and two-thirds years, manufacturing in the seven [...]
Sequential price trends from 12-months to 6-months to 3-months show the PPI’s annual rate of expansion is steadily slowing and doing so for all three major price categories as well. The exception is for consumer goods where a six- [...]
- Global| Aug 30 2019
EMU Inflation Trends Lower on Weak August
EMU inflation is subdued in August on the heels of flat headline and core prices in July. The headline HICP rose by 0.1% in August while the core rate was flat for the second month in a row. Despite clear weakness in prices, a [...]
- Global| Aug 29 2019
EMU Indexes and Their Momentum
The persistent pressure of declining economic activity let up a bit in August as the EU Commission's economic sentiment reading for the EMU rose. The index rose to 103.1 from July's 102.7, a monthly gain that still leaves the August [...]
- of353Go to 101 page