Recent German and EMU data have been on an upswing. This month's German orders report is a divergence from that. Its weak results are unexpected with orders falling for the second month in a row and lower on balance over a broad [...]
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| Apr 08 2015Germany Shows Unexpected Weakness and Divergence
- Global| Apr 07 2015
EMU Services Sector Is the Backbone of Recovery
The chart on the left underscores the relationship between the services sector and consumer confidence. The two series have moved in a near lockstep phase over the last five years and seem to have become more closely linked over the [...]
- Global| Apr 06 2015
Global Economy's Manufacturing Sector Struggles
Globally the manufacturing sector is struggling. In March, 11 of the 17 countries/units in the table showed declines their respective manufacturing PMIs. Moreover, 8 of these 17 entities have PMI readings below 50, indicating [...]
- Global| Apr 01 2015
Japan's Tankan Results Show Little Progress in Q1 2015
Japan's Q1 2015 Tankan report shows little progress for the overall economy. The al industry reading nudges up to 16 in Q1 2015 from 14 in Q4 2014. The all industry outlook also edges up to 14 from 12 in Q4 2014. The closely-watched [...]
- Global| Mar 31 2015
Unemployment Rates Still Drop in Euro Area
Germany remains a world apart from the rest of the European Monetary Union members as its unemployment rate is less than half the average for the community. Germany's rate was steady in February as the rate fell in the EMU. In the [...]
- Global| Mar 30 2015
EU Indices Improve in March
The EU Commission indices for the EU and EMU showed improvement in both regions in March. For the broader EU regions, the index of sentiment gained 0.9 points mostly on the back of improved retail sentiment and improved consumer [...]
- Global| Mar 27 2015
French Households Begin to Feel Better... But Not Well
The French household confidence reading has been stuck in a range of mostly the mid- to high-80s from August 2012 through November 2014. In just the last four months, the household indicator has broken out. Its reading of 93 is the [...]
- Global| Mar 26 2015
EMU Trends Turn Up for Credit and Money
The EMU is showing a clear pick up in credit and money growth trends as of February 2015. It is beginning to look as though the ECB's special efforts to stimulate credit growth are starting to pay off. The QE effort is too recent to [...]
- Global| Mar 25 2015
French Business Climate Erodes and Momentum Flattens Out
The INSEE survey of French business climate slipped to 99 in March from 100 (in January and February), dipping below its historic mean (100). The reading is now slightly subnormal and below its median (rank % = 50 is its median) and [...]
- Global| Mar 24 2015
EMU Services Hold on to Strong Recovery
The euro area economic recovery continues to be led by the services sector recovery. Not only are the PMI diffusion values higher for services than for manufacturing, but the queue standings show that they are relatively much stronger [...]
- Global| Mar 23 2015
U.K. CBI Index Shows Mixed Trends
The U.K. economy is showing mixed evidence of a slipping industrial sector as industrial sector overall orders have dropped to a five-month low and to their first neutral reading in that span. Export orders are at their weakest over [...]
- Global| Mar 20 2015
Canadian Inflation; A Study in Contrast
Inflation in Canada continues weak, crawling along the bottom of the range established by the Bank of Canada. The central bank has a desired inflation in a range of 1% to 3% but also expects that inflation will drop below 1% for much [...]
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