We present the diffusion readings to summarize the German ifo index. The table also looks at two separate rankings of the ifo results. One ranks the index (diffusion reading) since 2014, the second ranks the standing over a longer [...]
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| Feb 22 2019
ifo Shows Progressing Economic Weakness in Germany
Global| Feb 21 2019
EMU PMIs Continue to Move Together...Mostly Lower Manufacturing Is Especially Weak
The data rankings since January of 2015 show extremely weak readings for EMU, for Germany, for France and for Japan (MFG). On this time line the Markit manufacturing PMIs has percentile standings at or below their respective medians [...]
Global| Feb 20 2019
Japan Logs Worst Deficit Since February 2015, As Exports and Imports Plunge
The international growth scourge spreads its wings in January. Japan’s yen based exports fell by 6.6% in January as imports declined by 4.2% driving the trade balance to -Ą370bn. It is the largest monthly deficit since February of [...]
Global| Feb 19 2019
ZEW Expectations Continue Weak
The ZEW financial experts have weakened their assessment of current economic conditions everywhere except for very minor exception in the US. Current conditions placed in their historic queue of values rank highest in the US at a [...]
Global| Feb 15 2019
EMU-16 Trade Flows and Balance
EMU-wide exports ticked lower in December as imports were flat. That combination reduced the trade surplus slightly. Still the surplus in December at €15.6b is now far from its 12-month average of €16.2b but is significantly lower [...]
Global| Feb 13 2019
EMU IP Plunges Down the Sink-Hole; All Sectors Contract
50 shades of weakness EMU industrial production (excluding construction, the headline series) fell hard in December, harder than expected. The December month-to-month IP drop was less than in November, but after a puny gain in October [...]
Global| Feb 12 2019
EMU-Wide Retail Sales Hit the Skids
Retail sales in the EMU have fallen on hard times in December. EMU retail sales volumes fell by 1.6%, more than swamping the November gain and offsetting the gains for October and November together leaving the three-month growth rate [...]
Global| Feb 11 2019
U.K. GDP Continues Its Erosion
With the never ending saga of Brexit hanging over its head, the U.K. economy is being blasted more by disaffected corporations than by weak consumer spending. Exports have been the weakest growth category of all. That is not too [...]
Global| Feb 08 2019
German Exports Rebound in December
The German trade surplus widened to 19.38 billion euros in December from 18.84 billion euros in November. It was only slightly smaller than its 20.77 billion euro surplus of 12 months ago. While German industrial data are showing [...]
Four blood-lettings and a funeral? Germany's industrial production has fallen in each of the last four months. Can a recession be far behind? German indicators are screaming in unison about the onset of economic weakness. The [...]
Global| Feb 06 2019
German Orders Decline for the Second Month in a Row
German industrial orders fell for the second month in a row. The drop produced the second substantial drop in a row for foreign orders as well with declines of 2.3% m/m in both December and November. Domestic orders fell by 0.6% in [...]
Global| Feb 05 2019
Is the 'New Normal' Simply Substandard? Or Are Trade Wars to Blame?
The beat goes on…only it is much fainter than it has been, sort of like Sonny without Cher. Growth does remain in gear, but it is some of the weakest we have seen in the last four years and that is what the rank/queue standings in the [...]
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