EU auto registration rose in June, advancing by 4.8% month-to-month and by 11.8% year-over-year. The country data range from a monthly gain of 6.6% in France to a 3.8% drop in Italy. Year- over-year registration gains range from 17.8% [...]
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| Jul 16 2015Auto Registrations and Retail Sales Show Broad European Recovery
- Global| Jul 15 2015
Dutch Exports Sag As Imports Gain Purchase
The Netherlands is another case of an EMU country where the trade picture belies the weakness in the euro exchange rate. While exports and imports do not respond wholly to the same set of variables, they are both affected by the [...]
- Global| Jul 14 2015
The Odd Euro Area IP Trends
In the current month with overall IP falling, it is the rich getting richer as the big four economies show advances in their national manufacturing IP output. But over the past year it is a different story. It is the austerity [...]
- Global| Jul 13 2015
Dutch IP Growth Year-Over-Year Is on Withering Trends...and Dutch Treat for Greece
Dutch manufacturing IP has just made its third consecutive gain year-over-year. However, overall IP excluding construction (the headline series) is lower year-over-year for two months running. Shorter term trends, those inside one [...]
- Global| Jul 10 2015
IP in France and Italy Advances
Both Italy and France show that broad IP trends are improving based on year-over-year growth rates, as the chart clearly demonstrates. But their short-term trends show very different dynamics. Even the year-over-year trends show very [...]
- Global| Jul 09 2015
Japan's Machinery Orders Begin to Show Life
While overall machinery orders are still falling for two consecutive months in Japan, the more reliable series of core orders that excludes large and lumpy projects is showing steady and strong growth. Core orders are rising at a 25% [...]
- Global| Jul 08 2015
OECD LEIs Show Moderate Growth But Not Upbeat
The U.S. is seeing its OECD LEI sink as it has been eroding since June 2014. China has been declining since June 2013. The EMU has been on an upswing and is higher year-over-year. Japan has been stuck with a sub-100 reading for 10 [...]
- Global| Jul 07 2015
German IP, Flat in May, Still Shows Upturn
Germany's industrial production was flat in May, but it still carries momentum from the gains in earlier months. Still, the sequential growth rates show deceleration in overall output mostly due to decelerating output of intermediate [...]
- Global| Jul 06 2015
German Orders Sink Slowly in May as Foreign Orders Stay Firm
The euro area, perhaps also to be known as the land of bifurcation, has just witnessed a vote in which the Greek people have rejected the EU austerity plan, leaving much of the future for Greece and the euro area itself in limbo. The [...]
- Global| Jul 02 2015
Euro Area PPI Inflation Still Falls Year-on-Year
In May the PPI excluding construction was dead flat. Year-over-year, the ex-construction PPI is down by 2%. But the ex-construction index has not so clearly made the turn to a rising inflation trend despite a net rise over three [...]
- Global| Jul 01 2015
Markit Manufacturing Indices Are Mixed in June; Conditions Turn Up in EMU
Globally, the manufacturing PMI picture is mixed. Of the 10 countries or areas (excluding Germany and France as they are part of the EMU), six are below 50 in June. Except for China, these weak reporters are also relatively small [...]
- Global| Jun 30 2015
European Trends Are on Hold as Greece Boils
EU unemployment was steady in May as the same 9.6% rate as in April. EMU unemployment was steady at 11.1%. The number of unemployed continues to fall in both the EMU and the EU but not enough to lower the month-to-month unemployment [...]
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