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- [...]
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 06 2018German Foreign Orders Soar; Domestic Orders Bore
- Global| Feb 05 2018
Composite 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 2018
Asia 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 2018
EMU 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 2018
EMU 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 2018
PPI 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 [...]
- Global| Jan 26 2018
EMU Money, Credit Growth and Trade
While optimism about growth is moving ahead in leaps and bounds and many are concerned that monetary policy has overstayed its welcome on the side of accommodation, the monetary measures themselves show a much more muted view of this [...]
- Global| Jan 25 2018
German Confidence Rises...And So Does the Euro
The German GfK look-ahead consumer confidence metric for February shows German confidence headed for a new high. Conditions in the labor market are touted as driving consumer attitudes. The three components of the GfK index, [...]
- Global| Jan 24 2018
EMU Manufacturing and Services Take Different Paths
Euro area and German manufacturing PMIs stepped back in January while the services sector made gains. Services that have been flat or weaker terms of their 12-month and six-month average PMI levels in the EMU and Germany have broken [...]
- Global| Jan 23 2018
ZEW Survey for EMU, the U.K., the U.S. and Japan: Inflation Fears Linger
The ZEW experts continue to mark up their perceptions growth. Today the IMF did the same, releasing a forecast for global growth that was higher by than 0.2 percentage points than the outlook it released in October. The IMF puts more [...]
- Global| Jan 22 2018
Irish PPI Shows Mixed Trends; Which Ones Do We Believe?
Ireland's manufacturing PPI fell by 3.7% year-over-year. However, the headline whose December observation is not available shows more pressure through November as its three-month pace hops up to 7.9% and whose year-on-year pace is [...]
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