It is a global paradox of sorts that unemployment rates are behaving relatively well even as economies do not. Part of it is the global slump in manufacturing which is a productivity-centric sector rather than a jobs-centric center. [...]
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 02 2016European Unemployment Rates Continue to Fall and Remain High
- Global| Feb 01 2016
Global Manufacturing PMIs Continue Weak
Among the manufacturing PMIs listed in the table, 7 of 16 of them reside below their breakeven diffusion value of 50. However, even more of them appear to be even weaker when simply expressed as their percentile rank or standing in [...]
- Global| Jan 29 2016
French GDP in Q4 Gains at 1% Pace
The year-over-year growth in GDP has been gaining for France (as the chart shows), but on that same basis, household consumption has begun to pull back. On a quarterly basis, France GDP slowed to a 1% pace from 1.3% in Q3. France ends [...]
- Global| Jan 28 2016
EU and EMU Indices Hit 5-Month Low As Momentum Erodes
The comprehensive EU sentiment index and its counterpart for the EMU fell and each index fell to a five-month low in January. Happy New Year! The indices are out relatively late in the month, allowing for the month's activities to be [...]
- Global| Jan 27 2016
German and European Confidences Hold the Line or Advance in Uncertain Times
Germany's GfK consumer confidence index, a forward-looking measure, predicts a flattening of confidence for Germany in February. The GfK measure has slowed markedly in recent months but has continued to make some hard-fought gains. As [...]
- Global| Jan 26 2016
U.K. CBI Industrial Survey Weakens As Expectations Show Life
The U.K. CBI survey for January shows a sizeable drop in industrial orders for U.K. industrial firms. The index, a diffusion reading in this survey, fell to -15 in January from -7 in December. It is the weakest reading since October [...]
- Global| Jan 25 2016
Germany's Ifo Turns Sour; Is It Part of the Global Malaise?
The German Ifo survey stepped back in January as it deteriorated much faster than the ZEW survey had expected. The ZEW index is a survey of financial experts and reveals their perceptions of the economy. The Ifo is an industry survey [...]
- Global| Jan 22 2016
European PMIs Sag in January
The EMU private sector PMI slipped to 53.5 in January from 54.3 in December. The index is at an eight-month low. Both the manufacturing and services sector PMIs ratcheted lower in January. Manufacturing was last lower in October and [...]
- Global| Jan 21 2016
French Business Indicator Is Flat in January
France's INSEE business indicator is stuck at a reading of 102 in January for the third month running. These values represent a tick lower than the October reading of 103. At 102, the indicator sits in the 61st percentile of its [...]
- Global| Jan 20 2016
German PPI Continues to Weaken
Germany's PPI gauge fell by 0.4% in December as it continued a string of weakness. Manufactures prices also fell, extending their string of declines. Ex-energy manufactures prices were flat in December after a series of drops. Oil [...]
- Global| Jan 19 2016
ZEW Expectations Tick to Lowest Standing Since October
ZEW expectations continue to cling to weak values. In January the expectation reading fell to 10.2 from 16.1 in December, below November's 10.4 reading and to its weakest reading since October. The ZEW current reading picked up in [...]
- Global| Jan 15 2016
Car Registrations in Europe Take Wing
Not even the well-publicized problems of Volkswagen could hold back European car buyers at yearend. Europe-wide registrations grew by 4.4% in December, capping a year in which registrations soared by 17.4%. On a three-month smoothed [...]
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