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 [...]
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 06 2019German IP Falls by 0.6%; Output Is Falling and Sequentially Decelerating
- 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 [...]
- Global| Aug 28 2019
German Consumer Climate Stabilizes: GfK
The GfK consumer climate reading went dead flat in September at 9.7, stopping three straight months of decline and yet keeping intact a legacy of steady weakening from February 2019. There is even a broader though less steady state of [...]
- Global| Aug 27 2019
French Manufacturing Improves While Services Run Flat
A one-month bounce amid trend confusion The French industry climate gauge for manufacturing may have bounced higher in August, but there is no sense in which climate is turning the corner and improving. It’s just a monthly wiggle that [...]
- Global| Aug 26 2019
German IFO Is Weakest Since 2012
The IFO climate gauge weakened in August, dropping to -1.4 points in diffusion terms (up responses minus down responses) after logging a net 1.2 point diffusion score in July. Since January 2015, this is the lowest reading. But on a [...]
- Global| Aug 23 2019
Globally Inflation Sinks As Japan's Inflation Languishes
Globally, inflation pressures continue to diminish. In Japan, inflation is creeping along at 0.5% over 12 months and at 0.6% excluding food and energy. Since 2001, U.S., EMU and Japanese inflation rates have remain large below 2%. In [...]
- Global| Aug 23 2019
Globally Inflation Sinks As Japan's Inflation Languishes
Globally, inflation pressures continue to diminish. In Japan, inflation is creeping along at 0.5% over 12 months and at 0.6% excluding food and energy. Since 2001, U.S., EMU and Japanese inflation rates have remain large below 2%. In [...]
- Global| Aug 22 2019
Some PMI Improvement But Not Much Change in Europe
EMU readings for August show a clear but minor sense of stabilization. The service sector reading that had been rising has slowed and is back to its June level. Manufacturing's PMI moved higher in August but still below its June [...]
- of362Go to 110 page