The U.K. distributive trades survey shows mixed performance in September within retailing and within wholesaling as well as between the two sectors. Analysis of this dual-sector two-horizon report is somewhat complicated. U.K. [...]
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 26 2018
U.K. Distributive Trades Survey Shows Mixed-to-Firm Conditions
Global| Sep 25 2018
French Manufacturing Takes a Sizable Step Back
France's INSEE manufacturing survey fell sharply as the headline climate index shed the better part of three points dropping to 107.0 in September from 109.7 in August. The index has fallen more sharply than this less than 20% of the [...]
Global| Sep 24 2018
German IFO Index Marks Time
The German IFO Institute index has gone sideways in September. The basic indexes that are plotted in the chart show that climate is unchanged at an index value of 105.3. The current situation is slightly weaker on a reading of 108.2, [...]
Global| Sep 21 2018
EMU Sinks on New Flash PMI Readings
EMU PMIs soar then sink The EMU PMI sank to its cyclical low in mid-2016 then hit its cycle higher in 2018 as it ran up 5.9 points to its cycle high. In September 2018, the index has fallen back shedding 4.4 points from its peak and [...]
Global| Sep 19 2018
UK Inflation Perks Up Unexpectedly
The UK inflation rate rose unexpectedly in August headline inflation zoomed to a 2.7% annual rate, up from 2.5% just last month. The rise in inflation was unexpected. Core inflation lags the release of headline inflation. Core [...]
Global| Sep 18 2018
Canadian Factory Sector Looks Solid
Canadian factory orders fell for the second month in a row in July but because of an order surge back in May the three-month growth rate continues to record a solid 6.4% rate of growth. Unfilled orders were flat in July but had risen [...]
Global| Sep 17 2018
British Chamber of Commerce Cuts Forecasts
The British Chamber of Commerce (BCC) today announced cutting its outlook for the UK economy. It seems to be more pessimistic than it was in the second quarter when the (above) survey was conducted. At that time the various survey [...]
Global| Sep 14 2018
EMU Trade Trends Sour
As the chart amply demonstrates the EMU trade surplus has been under pressure for some time. Since late 2016 imports have been outpacing exports on a consistent basis although the differences in the export and import growth rates have [...]
Global| Sep 13 2018
German and EMU Inflation Behave
The German HICP is flat in August; its domestic CPI is up by 0.1% and the CPI excluding energy is flat. German inflation measured from 12-months to 6-months to 3-months shows a loss of momentum with year over year inflation at 1.9% to [...]
Global| Sep 12 2018
EMU IP Falls Again in July and Barely Gains Year-on-Year
Industrial production trends show output slowing across all three sectors in the chart of 12-month rates of growth. Sequential growth rates from 12-months and less (table) do not show a steady deceleration but do show a legacy of [...]
Global| Sep 11 2018
ZEW Experts Continue to Harbor Concerns
The ZEW financial experts in Germany weigh in each month on their perceptions of the state of the German economy and several other key economies or economic units. In September, ZEW experts see actual conditions as little-changed. [...]
Global| Sep 10 2018
BOF Survey Makes Gain in August; BOF GDP Outlook Is Unchanged
The Bank of France survey shows a headline reading in August at 102.7; that is stronger than its July reading of 101. The BOF index peaked at 107.1 in December last year. It retreated sharply from its December reading to 104.3 in [...]
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