European growth data for the third quarter provided a much-needed upside surprise. The European Monetary Union grew in the third quarter and Germany avoided a second consecutive quarter of decline by rising by 0.3%. Among the EMU [...]
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| Nov 14 2014EMU GDP Edges Higher Or, Yes, We Have No Recession
- Global| Nov 13 2014
EMU Inflation Divergences Show Progress- But Is It Enough?
Both the chart and the table show evidence of diminishing inflation differentials within the European Monetary Union. Among the plots in the chart, we can see the EMU inflation rate, Italy's inflation rate, France's inflation rate, [...]
- Global| Nov 12 2014
EMU IP Springs to Life Even with a Stake in Its Heart
The chart depicting sector trends in the European Monetary Union for industrial production shows a withering pattern for all three main sectors: consumer goods, intermediate goods and capital goods as of September. However, overall [...]
- Global| Nov 11 2014
Japan Loses Momentum
Japan's consumer confidence and economy watchers indices both have fallen in October. The economy watchers judgment of future conditions, their assessment of current conditions as well as their judgment on current employment [...]
- Global| Nov 10 2014
EMU Industrial Sector Shows Mixed Trends Across Members
Industrial trends in the European Monetary Union remain mixed in September. Of the 10 reporting countries, four of them showed declines in industrial production. Six countries show increases and four those have increases that are 1% [...]
- Global| Nov 07 2014
German IP Rebounds in September but Sinks in the Quarter
German industrial production rose by 1.4% in September, offsetting part of the 3.1% August decline. Over three months, output is declining at a 0.7% annual rate, not quite as bad as a 2.4% annual rate drop over six months, but the [...]
- Global| Nov 06 2014
Europe's Locomotive Gets a Push from Foreigners
The German economy is often viewed as the strong man of Europe. But in September, the strong man needed some help picking himself up. Overall German industrial orders rose by 0.8% in September. Orders advanced on the strength of the [...]
- Global| Nov 05 2014
EMU PMIs Edge Higher
The finalized PMI reading for the EMU private sector in October is at 52.1, marginally lower than the flash reading of 52.2 but slightly higher than September's 52.0. The October result still represents a flat-to-weakening profile [...]
- Global| Nov 04 2014
EMU PPI Ticks Up, Is It Real?
The euro area PPI picked up in September, rising by 0.1% after a 0.2% August decline. While this may seem to suggest a turning point indicating that the downward pressure has abated, that conclusion is premature. One month does not [...]
- Global| Nov 03 2014
EMU Manufacturing PMI Is Revised Lower
The overall European Monetary Union manufacturing index for October was revised lower from its preliminary reading, but it still shows a gain relative to September. The index stands at 50.6 in October, compared to 50.3 in September, a [...]
- Global| Oct 31 2014
Euro Area Joblessness Hangs High as Other Activity Gauges Wither
Boo! October 31 has turned out to be a very bad data day for the European Union as well as for the euro area. It is not that one damaging report has been released, but that a series of reports shows deterioration across Europe. [...]
- Global| Oct 30 2014
EU Indices Head Higher in October
The EU overall sentiment index rose to a level of 104 in October from 103.5 in September, an increase that was unexpected. European Monetary Union data, especially the PMI data on manufacturing and service sectors, have continued to [...]
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