German consumer climate has been steadily fading in recent months although continuing to hold to a relatively strong perch based on its overall results since January 2002. Overall German consumer climate is still assessed as strong in [...]
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| Jun 26 2019Consumer Confidence Lags in Large European Economies
- Global| Jun 25 2019
French Manufacturing Eases and Stabilizes
France in relative terms has been one of the best performing economics in the EMU. The Markit PMI readings for manufacturing have been much higher than in Germany and much more similar to the EMU average, but at those levels the [...]
- Global| Jun 24 2019
German IFO Erodes; The Mixed Message from Rankings Data Continues
With concern mounting about the state of growth in the global economy, all incoming reports are being scrutinized for signs of which way growth may be turning; is it improving or deteriorating? The German IFO report gauges are plotted [...]
- Global| Jun 21 2019
EMU Sector Bifurcation Continues
There is an old song with a verse about the rich getting richer and the poor getting poorer. The EMU manufacturing and services sectors seem to be following that script. Services are continuing to move higher boosting the composite [...]
- Global| Jun 20 2019
UK Retail Sales Backtrack Again But Maintain Forward Momentum
The UK economic and political drama continues to play out and, as it does, retail sales are withering. Boris Johnson is a step closer to being named Prime Minister. At the BOE meeting, policy was kept on hold as the bank cuts its [...]
- Global| Jun 20 2019
UK Retail Sales Backtrack Again But Maintain Forward Momentum
The UK economic and political drama continues to play out and, as it does, retail sales are withering. Boris Johnson is a step closer to being named Prime Minister. At the BOE meeting, policy was kept on hold as the bank cuts its [...]
- Global| Jun 19 2019
Japan's Trade Deficit Worsens As Exports Decelerate Faster
Japan's trade deficit surged in May. The moving average of the deficit has worsened from 12-months to 6-months to 3-months. Exports are falling and are falling more rapidly from 12-months to 6-months to 3-months. Imports have been [...]
- Global| Jun 18 2019
Zew Expectations are Beaten Back Again
The Zew experts' assessments of the global economy have taken a set-back in June. The set-back is broad in nature across countries/regions and across the surveyed gauges that the Zew experts assess. After some stabilization the [...]
- Global| Jun 17 2019
Euro Area Labor Costs Rise Faster. UK Labor Cost Growth is Slow
Euro Area labor costs rise faster - Eurozone labor costs increased at a slightly faster pace in the first quarter, Eurostat reported Monday. Hourly labor costs grew 2.4 percent year-on-year, slightly faster than the 2.3 percent [...]
- Global| Jun 14 2019
Italian Inflation Stays Under Wraps...but Other Pressures Don't
Italy had a long legacy as a high-inflation weak-currency country when EMU was formed. There were always questions about how the high-inflation countries would evolve. How quickly would they adapt... would they adapt? Wrapping them up [...]
- Global| Jun 13 2019
EMU IP Continues to Erode
Sectors show some mixed consolidation after a long downward slide form early 2018. Weakness: In EMU Industrial production (IP) excluding construction (the headline series) has fallen for two months in a row and has not risen in three- [...]
- Global| Jun 12 2019
Japan’s Orders Surge in April
Japan's orders surged in April. Both overall and core orders rose briskly in April with each gaining more than 4% month-to-month. The paths taken by total and core orders are quite different, however, Total orders decline over [...]
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