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- [...]
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 02 2018EMU Growth Slows; Globally Growth Slows
- 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 [...]
- Global| Apr 24 2018
Italian Confidence Backtracks But Remains High-Valued As It Is for France and Germany
Italy can be a difficult country to understand. Its GDP has lagged badly since the great global recession. From Q1 2008 to date, Italian GDP actually has failed to grow and has declined by 5.8%. That’s a period of 10 years without net [...]
- Global| Apr 23 2018
PMIs Stabilize or Creep Higher After Drop-Off
In the EMU, both the services and manufacturing sectors took a substantial step down one month ago. In April, they are holding their ground at a lower level of indicated activity. The moving averages, calculated on lagging historic [...]
- Global| Apr 20 2018
German PPI Accelerates
The German year-on-year PPI has generally been decelerating since early 2017. Technically, the year-on-year PPI has decelerated for six months straight with this month’s acceleration being the first in the period. This is despite the [...]
- Global| Apr 19 2018
U.K. Retail Sales Fall
U.K. GDP is expected to cool its jets when the first quarter GDP number is released. The National Institute of Economic and Social Research (NIESR) estimates that U.K. GDP rose by 0.2% in Q1 2018. That translates into an annualized [...]
- Global| Apr 18 2018
Japan’s Trade Surplus Returns Even As Trade Flows Slow
While the IMF has just lifted its outlook for growth in 2018, Japan is logging weaker and weaker export and import growth as the year progresses. Asia generally has been lagging. The PMIs in Europe have weakened but are still showing [...]
- of367Go to 142 page