No, science fiction has not come to economics. The earth is not standing still; it just seems so to some... Over the last four months back to August, German economic climate has hardly changed. Confidence in Italy is stuck for the [...]
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| Oct 26 2018
The Day the Earth Stood Still – or Europe, Anyway
Global| Oct 25 2018
German Assessment: Current Conditions Flatten As Expectations Lag
The German IFO reading for October shows that the climate reading steps back to 18.7 from September's 21.3. The index has a standing at its 89.9 percentile at the border of the top 10% in its queue of historic readings. Clearly, [...]
Global| Oct 24 2018
EMU PMIs Continue to Unwind and the EU Unravels
The EMU region has continued to expand in October, but the composite PMI reading has logged its weakest reading since September 2016 with both manufacturing and services on lows that are their worst on about that same timeline. [...]
Global| Oct 23 2018
German PPI Makes Sharp Gain on Rising Energy Costs
The German PPI rose by a strong 0.6% in September, but the PPI excluding energy gained just 0.1%. The sequential inflation forces over shorter horizons show more pressure for headline PPI and CPI measures while the ex-energy measures [...]
Global| Oct 22 2018
Japan's METI Sector Indexes Rebound But Still Lag
Japan's economy continues to fight for revival. In August, the METI all-sector index has revived, rising to 105.7 from 105.2, but it had fallen in June and July and is still below its May level of 106.4. The index is up on its reading [...]
Global| Oct 19 2018
Canadian Retail Sales Weaken As Inflation Slows
Canada's retail sales show relatively widespread deceleration. The headline shows growth one year ago at 7.3%, down to 3.6% over the most recent 12 months, dropping further to a pace of 2.2% over six months, and contracting over three [...]
Global| Oct 18 2018
U.K. Retail Sales: Doing Well-As-Can-Be-Expected Despite September Drop
The U.K. is being buffeted by many forces these days. But the pummeling it is taking over Brexit is surely the number one feature being watched by the U.K. consumer/worker/citizen. Still, U.K. retail sales and growth have all held up [...]
Global| Oct 17 2018
European Vehicle Registrations Plunge After Soaring
New inspection regulations push leads and lags behavior through new car sales trends New car sales in the European Union in September plunged after registrations had ramped up ahead of the introduction of new emissions inspection [...]
Global| Oct 16 2018
Macroeconomic Assessments by ZEW Experts Continue to Sink
The scene Financial experts responding in the ZEW economic survey found current conditions weaker just about across the board (the U.S. an exception) with macroeconomic expectations cut everywhere with no exceptions. At the same time, [...]
Global| Oct 15 2018
Finland's Inflation Stays Low -- Mostly
Finland is experiencing three distinct forces on the inflation front. Within the last year, inflation is low and stable. Yet, over the past year, inflation has been rising on a year-over-year basis (see Chart). However, at the same [...]
Global| Oct 12 2018
EMU IP Gain Is Unexpectedly Strong
After two months of relatively deep declines, EMU IP has turned higher. It gained 1% in August over its depressed level of July. However, industrial output still declines on balance over three months and it is falling in the quarter- [...]
Global| Oct 11 2018
French Inflation Eases in September But Not Overall
Inflation diffusion is high over three months, six months and 12 months. The diffusion values show that inflation diffusion is well above the ‘neutral’ 50% mark on these horizons. Diffusion counts the number of sectors where inflation [...]
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