The Markit private sector readings for manufacturing and services backed off in the EMU as well as in Germany and France in February. EMU-wide both manufacturing and services weakened. Both sectors weakened in Germany. France's [...]
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 22 2016Is EMU Weakness a True Drop or Part of Sideways Volatility?
- Global| Feb 19 2016
German PPI Inflation Continues to Sink
Germany's PPI (excluding construction) fell by 0.8% in January. It fell by 1.1% in manufacturing and by 0.2% in manufacturing excluding energy. Overall manufacturing and ex-energy manufacturing inflation all are falling over three [...]
- Global| Feb 18 2016
Prices Sag in Euro Area As OECD Turns Up Heat for Action
The price level in the euro area dropped again in January as core prices ticked higher. But even core inflation is only at 1% and has virtually no momentum. Headline inflation, the only inflation rate truly `targeted' by the ECB, is [...]
- Global| Feb 17 2016
Japan's Machinery Orders Make Rogue Rise in December
Japanese machinery orders rose in December by 3.6% for total orders and advanced by 4.2% for core orders, the latter gauge a treatment that excludes bulky capital projects. However, these gains follow huge drops in November that [...]
- Global| Feb 16 2016
ZEW Weakens Further As Both Current Assessment and Outlook Dim
The ZEW index was in denial last month but the German IFO sector report showed some clear-cut weakness. This month the ZEW is giving way with a drop in the current index to 52.3 from 59.7 last month. Expectations have plunged all the [...]
- Global| Feb 12 2016
European GDP Is Mostly Steady But Weakened by Industrial Output
European GDP decelerated slightly over four quarters while annualized GDP also slipped quarter to quarter. But the industrial sector was holding things back in Q4. Industrial output fell by 0.3% (annualized) in Q4 and it dropped by 1% [...]
- Global| Feb 11 2016
Dutch Retail Sales Continue Their Rebound But Trends Soften; Baltic Dry Index Implodes
Dutch retail sales have had a rocky time since 2007. After that, the first flirtation with advancing sales was in 2010, but that did not last. Since 2014, however, year-over-year sales have been steadily advancing. Even so, recent [...]
- Global| Feb 10 2016
French and Italian IP Both Drop
December is showing weak industrial output in the euro area. We feature Italy and France and some of their IP details in the table above. But of 10 early reporting EMU members, half of them have output falling and one has output flat [...]
- Global| Feb 09 2016
German Trade Surplus Shrinks in December But Stays Larger Year-Over-Year
German trade flows continue to show deterioration sequentially as growth rates are fading but year-over-year exports and imports still post gains as the year-over-year German surplus has expanded. German exports show a sequential [...]
- Global| Feb 08 2016
OECD LEI Slips But Is Called 'Stable' in December
The OECD has refused to panic over some ongoing erosion in its LEI series (called composite leading indicators or CLIs). Its LEI series for the OECD as a whole is construed as stable even as the series languishes below 100 and has [...]
- Global| Feb 05 2016
German Orders Show Building Strength Despite December and Year-Over-Year Weakness
In December, total orders in Germany fell by 0.7%. Foreign orders rose for the third consecutive month after falling for three months in a row. Year-over-year foreign orders remain as the weaker of the two series. Domestic orders fell [...]
- Global| Feb 04 2016
Japan's Vehicle Registrations Signal Trouble Ahead
New vehicle registrations in Japan fell by 2.5% in January as they continue to gyrate with offsetting up down movements for the third consecutive month. On balance, registrations are higher over three months but lower over six months [...]
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