The ZEW expectations reading, the part of this report that gets the headline, fell to 12.1 in September from 25.0 in August, better than halving its value. ZEW expectations have dropped more than this in one month only about 8.5% of [...]
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 15 2015ZEW Nose Dives
- Global| Sep 14 2015
Italian HICP Ticks Higher in August
Consumer prices in Italy are very well-behaved. The HICP headline rose by 0.1% in August as the core was flat. The domestic CPI fell by 0.1% in August. Italy's 12-month inflation is 0.5%; the core measure is up by 0.9%; the domestic [...]
- Global| Sep 11 2015
Shifting French Trade Trends in Uncertain Times
France's current account slipped into deficit as its deficit on goods trade moved into deeper deficit. Export growth has been exceeding import growth for some time but only over the last nine months have exports got higher enough to [...]
- Global| Sep 10 2015
EMU IP Shows Mixed Trends With Lingering Weakness
Spain is the large-economy success story for industrial production in the euro area. IP in Spain rose by 0.4% in July, up at a 3.8% annual rate over three months. The three-month pace is near the top pace for any EMU nation and by far [...]
- Global| Sep 09 2015
OECD LEI Barely Goes Over the Hurdle of Neutrality
The OECD has put a brave face on its new round of leading indicators, portraying the global economy with stable growth. When these indicators are at 100, they are indicating no tendency to accelerate of decelerate so the overall OECD [...]
- Global| Sep 08 2015
German Exports Spurt in July
German exports surged by 2.4% in July, more than offsetting the 1.1% drop in June. The euro exchange rate continues weak, bolstering German exports. Exports are outpacing imports handily over three months and six months. But year- [...]
- Global| Sep 04 2015
Suddenly German Order Trends Do Not Look So Good
German orders fell sharply by 1.4% in July, backtracking on most of the gain made in June. The June gain was made on the back of strong foreign orders; similarly, the July drop is on the back of an outsized drop in foreign orders. [...]
- Global| Sep 03 2015
Euro Area Total Private PMI Gauge Moves Higher
The EMU PMI rose to 54.3 in August from 53.9 in July. The sequential PMI averages show a steady but very slow upward march in the EMU total PMI. The current August manufacturing PMI is still below the three-month average. [...]
- Global| Sep 02 2015
EMU Producer Prices Continue to Fall
The PPI headline shows a monthly drop of 0.2% in July and a year-over-year decline of 2.1%. Two of the three PPI components are declining year-over-year. Those two are consumer goods and intermediate goods. Capital goods prices are up [...]
- Global| Sep 01 2015
Manufacturing PMI Gauges Offer Little Optimism
Economic weakening is real. Oil tried to put on a brave face earlier this week. The rumors of some unspecified Saudi deal swirled. But in the end there is no Saudi deal. And global growth is weak, undermining the ability for any deal [...]
- Global| Aug 31 2015
EMU Inflation: Stuck Low
The EMU HICP gauge in August fell 0.1% m/m. The core measure ticked up 0.1% after a 0.2% July increase. Headline inflation has fallen month-to-month in two of the last three months. Sequential inflation from 12-month to six-month to [...]
- Global| Aug 28 2015
EU/EMU Indices Rise in August-Ho Hum
The EU index continues to run stronger than the EMU index in the EU Commission index framework. The overall EU index stands in the 70.1 percentile of its historic queue while the EMU index stands in the 61.4 percentile of its queue. [...]
- of362Go to 191 page