Manufacturing industrial output among eight early reporting EMU members (plus Sweden and Norway) showed only two declines in the group in March. IP edged lower by 0.1% in the Netherlands and Norway. Everywhere else in the table there [...]
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| May 09 2018EMU Members Show IP Rebound Amid Weakening Trends
- Global| May 08 2018
Germany Logs Its Fifth Largest Trade Surplus Ever As Exports Recover
German exports reversed a three-month slide to a 1.7% rise in March. Still, German exports are ‘not out of the woods.’ They have fallen month to month is five of the last seven months. The chart shows that exports are having a weak [...]
- Global| May 07 2018
German Orders Contract Again on Foreign Order Weakness
Germany's inflation adjusted orders jumped in December of last year but they were not off to the races. That gain fully unwound and then some the very next month with further declines logged in February and March. The third straight [...]
- Global| May 04 2018
The OECD and EMU Growth and Inflation Scene
OECD inflation has been rising, but it recently has stabilized. The pace of OECD inflation is at 2.3% having peaked at 2.5% in February 2017. The core rate of inflation is creeping higher and is up to 2% in March; that’s an [...]
- Global| May 03 2018
EMU Inflation Remains Astonishingly Muted; What Does That Tell Us?
The chart tells the tortured story of recent EMU inflation trends. Inflation remained low in the wake of the financial crisis and then the EMU area transitioned into a period with sporadic deflation. After mid 2016 it broke away from [...]
- Global| May 02 2018
EMU Growth Slows; Globally Growth Slows
Quarterly GDP slows in EMU in the Q1 and also slows in all the original EMU members that are early reporters – Spain excepted. Growth also slows in the United States and slows sharply in the United Kingdom. More broadly, year-over- [...]
- Global| May 01 2018
China’s Manufacturing PMI Hovers, Showing Positive Growth
China manufacturing PMI is only slightly weaker in April compared to March and holds most of the March gain over February. Still, the PMI is only moderately valued standing in the 50th percentile of its historic range of values – [...]
- Global| Apr 30 2018
Chicago PMI Stays on Lower Plane
The Chicago mixed manufacturing and services local index ticked slightly higher in April but kept most of the step down in place from last month. Over the last two months, the index is essentially back to where it had been between [...]
- Global| Apr 30 2018
EMU Money and Credit Vs. Money Growth Elsewhere
The chart shows the gradual roll-over in EMU money and credit growth. Both series have slowed over 12 months compared to their year-ago rates of growth. EMU private sector credit growth is at 1.4%, down from 1.8% a year ago. However, [...]
- Global| Apr 27 2018
EU Indexes for EMU Members
The EU indexes for the EMU area showed an unchanged headline in April at 112.7. The sector indexes showed unchanged conditions in the industrial sector and construction. Falling on the month were retailing and services. The consumer [...]
- Global| Apr 26 2018
German Confidence Flattens and Falters
Judging from consumer confidence, the largest European economies would seem to be in fine shape. German confidence for May is mooted at a 97.8% queue percentile standing, better only 2% of the time. Italy has exactly the same queue [...]
- Global| Apr 25 2018
Japan Shows Very Moderate Growth As Trade War Clouds Gather
Japan’s sector indexes showed a solid gain in February, but it’s less than expected and it brings the business activity index to a level that is barely above its level of last October. The METI indexes are at relatively high marks as [...]
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