Inflation rates are on the rise in Germany almost any way you slice them and almost regardless of which metric you use. Almost… All the trends from one year and in by that I mean the usual horizons in the table from 12-month, six- [...]
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| Jul 27 2018Germany's Inflation Shows Mostly Foreign Inflation Sources
Global| Jul 26 2018Confidence Mostly Is Slipping in Select European States
Consumer confidence across Europe remains a relative bright spot around midyear. The assessments here range from August for the forward-looking GfK survey for Germany to June for the United Kingdom. The U.K. is still toiling under the [...]
Global| Jul 25 2018German IFO Continues to Bend Lower As Activity Slows
IFO Indexes The German IFO survey shows that the three major aggregate gauges: climate, current situation and expectations are all weakening year-over-year. The current situation is having its first year-on-year decline in some time. [...]
Global| Jul 24 2018EMU and Other Flash PMIs Are Mostly Weaker; The Great PMI Unwind
It took the EMU manufacturing index 11 months to climb from a diffusion value of 55 up to its peak in December 2017 at 60.6, but then it took only six months to fall to 55 and stay there, now for two months running. In contrast, the [...]
Global| Jul 23 2018Monthly Greek Current Account Swings to Surplus
The Greek current account in May swung to surplus, its fourth surplus in the last 12 months. It is the fourth largest monthly current account surplus for Greece back to January 2002. Since that time, the Greek current account has been [...]
Global| Jul 20 2018German PPI Rises at Nine-Month High Pace
The German PPI gained 0.2% in June on the heels of a 0.6% rise in May. The headline PPI excluding construction is on an accelerating path, rising at an excessive 3% pace over 12 months, held at at 2.9% over six months and stepping up [...]
Global| Jul 19 2018Japan's Trade Deficit Swings Back to Surplus (Small Surplus)
Japan's early June trade results show a goods trade position having swung back to surplus in June from deficit in May. Japan's trade position has been alternating between surplus and deficit for several months after a seven-month run [...]
Global| Jul 18 2018German Trade Surplus Widens; Exports and Imports Show Some Life in April/May
The German trade account surplus widened in May after narrowing in April. At a level of 20.3 billion euros in May, it is above its 12-month average which lies at 20.0 billion euros and quite close to its previous 12-month ago 12-month [...]
Global| Jul 17 2018European Car Registrations Show Modest Rebound
European car registrations rose by 0.4% in June, a much slower pace than the 5.7% gain in May. Still, over three months, registrations are fading. Over six months, registrations have a strong 14.9% gain. But over 12 months, a [...]
Global| Jul 16 2018EMU Export and Import Growth Both Slow As Surplus Shrinks
The graph tells a clear story of what trade trends are up to. Both exports and imports have been losing momentum. The trade surplus has been under a trend of gradual but steady reduction. Year-on-year manufacturing exports are up by [...]
Global| Jul 13 2018French Retail Sales Rebound In June But Do Not Convince
French retail sales rebounded in June after falling for two consecutive months. Gains earlier in the year in the February and March were quite strong, but April brought a deep decline; May sales were lower- but essentially flat- and [...]
Global| Jul 12 2018EMU IP Makes Strong May Gain
EMU industrial output expands in all sectors in May. All sectors and subsectors in the table gained 1% on the month or more except capital goods where output gained 0.7% month-to-month. Over three months, the rebound is strong with [...]
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