The EU and EMU indices of overall sentiment fell in June. The EU index fell to 105.5 from 106.4. The EMU index fell to 103.5 from 103.8 in May. Three of five EU indices are still giving net negative signals. Four of five indicators [...]
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| Jun 29 2015EMU and EU indices Drop in June
- Global| Jun 26 2015
EMU Money Growth Slows...So?
Money growth in the EMU has slowed in May and over three months, but its three-month growth rate is still above its 12-month pace. Money growing at 6.5% in the low-growth slow-inflation EMU represents an improvement of sorts in [...]
- Global| Jun 25 2015
German Confidence Heads for Small Set-Back
The GfK month-ahead projection of German consumer confidence sees a small set back in store. The drop is to 10.1 in July from 10.2 in June. At a level of 10.1, the German confidence index is higher just 1.2% of the time historically. [...]
- Global| Jun 24 2015
Germany's Ifo Steps Back in June
Germany's Ifo business confidence index fell to 107.4 in June from 108.5 in May. The table below presents a diffusion treatment of the Ifo indexes since we can see sector details faster in this treatment of the survey. The all-sector [...]
- Global| Jun 23 2015
EMU PMIs Show Some Strength
The EMU private sector advanced to 54.1 in June from 53.6 in May. EMU manufacturing ticked higher while EMU services made a more substantial gain. The services sector now has elevated to a rather strong 80th percentile standing in its [...]
- Global| Jun 19 2015
Italy's Trade Surplus Bounces Higher
Italy's current account surplus is higher in April, rising to 4.79 billion euros from 3.46 billion euros in March. The surplus was last higher in February, but this is a very high surplus reading for Italy with February's value the [...]
- Global| Jun 18 2015
U.K. Retail Sales Make a Surprising Gain
U.K. retail sales rose by 0.2% in May, bucking expectations that sales would drop. Sales are now up for two months in a row for the first time since November of last year. U.K. retail sales offer up no clear pattern of acceleration or [...]
- Global| Jun 17 2015
EMU Inflation Makes First Rise in Six Months; Divergence Is Still an Issue
EMU inflation has a year-over-year gain for the first time in six months. With the effect of falling oil out of the way, inflation is again headed higher. But what will that mean for the euro area? One thing history and the financial [...]
- Global| Jun 15 2015
EMU Trade Surplus Expands in April
EMU exports rose as imports fell in April, propelling the trade surplus to a gain over its March level. The surplus is now at a new high in this cycle. EMU exports are showing sequentially stronger growth rates with export growth over [...]
- Global| Jun 12 2015
Euro Area IP Slows to a Crawl in April But Holds to Solid Trends
Industrial production in the euro area has slowed to a crawl as ex-construction output rose by just 0.1% in April after a 0.4% decrease in March. Manufacturing output rose by a stronger 0.3% after a 0.2% March decline. Despite these [...]
- Global| Jun 11 2015
Portuguese Inflation Takes Hold
Inflation in Portugal is now rising sharply. Year-over-year inflation is still tepid, below 1% in both the HICP and National inflation definitions. But over three months, inflation is at a 4.5% annual rate on the HICP definition and [...]
- Global| Jun 10 2015
French Manufacturing Continues to Struggle
French industrial production has hovered around a zero annual growth rate for several years. May's 2.1% month-to-month drop leaves IP shrinking by 3.7% year-over-year. Sequential growth rates show that recent IP trends have become [...]
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