Interestingly, now while there has been more optimism expressed about the European recovery, vehicle registrations have stalled. The chart shows that real retail sales volumes are still moving higher. But they also show vehicle [...]
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| Jan 17 2018Europe's Car Registrations Step Back at Yearend
- Global| Jan 16 2018
The Politicization of European Inflation Has Begun
The German statistical agency today reported the annual average of German inflation featuring that metric over the usual fourth quarter to fourth quarter measure because it made for a more dramatic result. December to December both [...]
- Global| Jan 12 2018
Japan's Economy Watchers Index Gains As Future Index Deflates
The economy watchers index in Japan rose higher in December as current employment conditions improved. But expectations for the future slipped back. This novel Japanese index is a survey of people in the service sector who observe (or [...]
- Global| Jan 11 2018
EMU IP Gains on a Strong Capital Goods Sector
Industrial output rose smartly in the EMU, gaining 1% in November after a 0.4% increase in October and a 0.5% decrease in September. Sequential growth rates for overall and manufacturing output show variation but also reveal [...]
- Global| Jan 10 2018
British Chamber of Commerce Survey for Q4 Is Mixed and Sour
The BCC survey is a somewhat marked contrast to the new estimates for Q4 GDP also released today from NIESR (the National Institute of Economic and Social Research). NIESR estimates that the U.K. accelerated in Q4 growing at a [...]
- Global| Jan 09 2018
Euro Area Unemployment: Lowest Since 2009
Among the original 11 EMU member countries, only four countries: Austria, Italy, Portugal and Luxembourg have unemployment rates above their median values back to January 1991. Belgium and Germany have exceptionally low rates (vis-a- [...]
- Global| Jan 08 2018
EMU Retailing Bounces Back
Retail sales across the EMU and in other early reporting EMU and EU nations largely show a rebound or accelerating in November. The EMU and the seven countries in the table show declines in October in six of these eight jurisdictions. [...]
- Global| Jan 05 2018
EMU Inflation Keeps a Low Profile
In December, the HICP headline rate gained only 0.1% and the core gained only 0.1%, both very modest increases. The year-on-year pace of the headline fell to 1.4% from 1.5% previously, obviously not pressuring the ECB to move any [...]
- Global| Jan 05 2018
U.S. ISM Nonmanufacturing Cools
The monthly snap-shot The ISM nonmanufacturing index receded to 55.9 in December from 57.4 in November. It is at its weakest level since August. Activity cooled in the overall index in terms of activity, new orders, order backlogs, [...]
The services readings and total PMIs are being presented or finalized in the IHS Markit framework. In the EMU, manufacturing and services currently have the same rank or queue standing at their respective 98.6 percentile. In this [...]
- Global| Jan 03 2018
U.K. Industry Continues to Post Solid Results
The Confederation of British Industry orders index flat-lined in December at its all-time high reading over the period since the European Monetary Union was formed. Export orders have moved up strongly as well but they are short of [...]
- Global| Jan 02 2018
China and Asia Lag on Manufacturing Front
Germany, France and all of the EMU are on six-year highs for manufacturing. The EMU reading is at an all-time high from the late-1990s when the series originated. There are very few weak readings in absolute terms even so the strength [...]
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