Dutch retail sales are volatile, but the series on retail sales has always had a high degree of volatility. Still, even by these standards, Dutch retail sales are volatile. The six-month volatility in sales is the highest it is been [...]
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| Feb 13 2018Dutch Retail Sales Lose Traction As Economic Transition Looms
Global| Feb 12 2018Irish Confidence Hits 17-Year High
Irish consumer confidence is at a 17-year high. That puts it more or less in the same league as the reading for the overall EMU area in terms of its relative strength. For Ireland the current index (with a history back to 1996) has [...]
Global| Feb 09 2018U.K. Manufacturing Breadth and Strength Are Moving Together
U.K. output advanced again in December, marking six straight months in which manufacturing IP has risen month-over-month. Manufacturing output is sold at a gain of 3.5% over three months; it is not as strong as it is over six months [...]
Global| Feb 08 2018French Survey Hits an Air Pocket
The Bank of France uses its survey to sort out its expectations for growth in the current quarter. At a level of 104.7 in January, the BoF business survey index is at its weakest level since June 2017. The BoF now thinks that this [...]
Global| Feb 07 2018German IP Backs Down But Still Logs a Solid Growth Profile
Despite falling in two of the last three months, Germany's industrial production is still advancing at 5% annual rate over those same three months. That growth rate indicates a very slight slowing trend for German IP which is up by [...]
Global| Feb 06 2018German Foreign Orders Soar; Domestic Orders Bore
German orders are hopped up on foreign demand. In December foreign orders surged, rising by 5.9%, as domestic orders waddled ahead by 0.7%. Still, both foreign and domestic orders are accelerating from 12-month to six-month to three- [...]
Global| Feb 05 2018Composite PMIs Show Mostly Strength, But That's Not the Whole Story
The PMI readings are one of the biggest reasons for optimism on global growth. A look down the column on the far right of the table (below) shows how high the individual Markit PMI readings rank among their own data back to January [...]
The PPI data now finalized and we can look at trends in a series of European countries as well as the sector trends in the EMU. The PPI rose by 0.3% in the EMU in December after a 0.6% advance in November. Inflation is gaining [...]
Global| Feb 01 2018Asia Flounders; China Fails to Mount Momentum
China's PMI as reported by the China Federation of Logistics and Purchasing shows a weaker result in February. (The Caixin Index for China's manufacturing is unchanged month-to-month at 51.5). China and the Philippines weakened in [...]
Global| Jan 31 2018EMU Unemployment Rates Continue to Fall
The unemployment rate in Europe (EMU) continues to fall. Germany has just seen another post-reunification low in its rate of unemployment as its rate fell to 3.6% in December from 3.7% in November. For all of the EMU, the unemployment [...]
Global| Jan 30 2018EMU Members Show Consistent Strength...But Momentum Fades
Ireland reports late hence we have data for the EMU 18, not the 19, in the table below. If we rank each countries' sentiment index back to 1987 or to the start of its series on sentiment, we find only two, Slovakia and Greece lie [...]
Global| Jan 29 2018PPI Accelerates through Euro Area...Sort of
The prevarication in the title is the acknowledgment that although sequentially from 12-month to six-months to three-month PPI inflation is accelerating in the EMU, the move more-simply watched in terms of its year-on-on-year pace is [...]
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