German IP dropped in July falling by 1.5%. The drop more than offsets a 1.1% gain in June and makes it two declines in the last three months. IP is falling on a consistent basis and it is nearly accelerating its drop from 12-Mo to [...]
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| Sep 07 2016German IP Drops and Sets a Negative Trend
- Global| Sep 06 2016
German Orders Tick Higher
German orders continue their run of weakness rising by 0.2% in July after falling by 0.3% in June and after rising by 0.1% in May. Orders on balance are flat over 3-months and flat over six months and are lower by 0.5% over 12-months. [...]
- Global| Sep 02 2016
Euro Area PPI Ticks Higher Month-to-Month
The euro area PPI rose in July, ticking up by 0.1% as it fell by 2.9% year-over-year. Capital goods prices rose by 0.1% in July as consumer goods and intermediate goods prices each rose by 0.2%. Year-on-year capital goods prices are [...]
The global manufacturing scene remains weak in August with low valued PMI gauges across the spectrum. The environment for trade and commerce has deteriorated sharply and the risks to growth have become more palpable. At the IMF, [...]
- Global| Aug 31 2016
Euro Area Unemployment Rate Is Flat
Despite the unchanged rate of unemployment in the EU and EMU in July, there are still a lot of unemployment changes occurring in the member countries. In July, seven of eleven early reporting EMU member countries had declines posted [...]
- Global| Aug 30 2016
Euro Area and EU Indices Fall; No Longer Firm Readings- Be Afraid?
The EU Commission indices for the EU and EMU fell hard in August. Their slippages have been ongoing. There are no more truly `strong sectors' in the EU, but the EMU is faring slightly better on that front. The strength in services and [...]
- Global| Aug 29 2016
Italian Business and Consumer Confidence Both Erode
Italian business and consumer confidence both sank in August. The Consumer Consumer confidence has been falling rapidly after having spiked in October 2015 and peaked on-one month later. Confidence has fallen in three of the last four [...]
- Global| Aug 26 2016
Euro Area Money and Credit Policy: A Total Bust
Despite best efforts to boost growth inflation money and credit, the ECB's `whatever it takes' kitchen sink policies are not getting traction. The chart tells the story of hairsplitting (if any) progress in getting money or credit [...]
- Global| Aug 25 2016
German IFO Survey Fades
All components of the IFO index except construction demonstrated a significant monthly fade in August. The all sector index fell from 9.6 to 5.6. The manufacturing sector stepped back to 6.3 from 9.7. Wholesaling saw its reading [...]
- Global| Aug 24 2016
Finland's PPI Continues to Descend
Producer prices in Finland continue to slip with a 0.3% drop in July ending a two month string of increases, the first multi-month PPI increases since having gained for three consecutive months from February to April of 2015. While [...]
- Global| Aug 23 2016
Euro Area Flash PMIs Make Gains But Fail to Impress
The EMU composite PMI for August was last stronger in March but last persistently stronger from February 2015 to January 2016. At 53.3 the PMI gauge for the EMU is in the top 67th percentile of its historic queue of data back to [...]
- Global| Aug 22 2016
Belgian National Bank Consumer Index Is Flat in August
The Belgian National Bank index remains a quintessential euro area marker as its consumer index is flat in August at -4, at the same level as in July but up two ticks from its June reading and also up two ticks from its year-ago [...]
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