Italy's business confidence rose unexpectedly in October. The Index advanced to 96.0 from September's 95.5 and was last higher in July 2014. The index of business confidence stands in the 32nd percentile of its historic rank, meaning [...]
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| Oct 28 2014Italian Business Confidence Despite Bounce in October Remains Quite Weak
- Global| Oct 27 2014
Germany Continues to Slip, Says Ifo Survey
The Ifo climate index, the most closely watched of the German economic indicators, fell by 0.6 points in October. The index stands at the 55th percentile of its historic rank, meaning it's only five percentage points above its [...]
- Global| Oct 24 2014
German Economic Climate Makes a Small Rebound for November
Germany's consumer climate for November, measured by the survey group GfK, rose for the first time in two months. German consumer climate had been at a level of 8.9 on this gauge in July and August. In September, it fell to 8.6; in [...]
- Global| Oct 23 2014
EMU Flash PMIs Show Life But Not Much Pulse
European markets reacted positively overnight to the release of the PMI data by Markit. The table below summarizes the recent PMI data. The table is a mixture of flash and historic (revised-flash or finalized) data. Actually, the [...]
- Global| Oct 22 2014
Japanese Trade Trends Still Feature Deficits
Japan's trade position remained in substantial deficit in September, as exports and imports both showed some life in September. Goods-exports increased by 3.1% and were surpassed by the 5% growth rate for goods-imports. Over three [...]
- Global| Oct 21 2014
Japan's All Industry Index Erodes
Japan's economy continues to be weak. The government has downgraded its assessment of the economy. The Bank of Japan has downgraded one of its regions. The government is undergoing pressure as two ministers having just resigned under [...]
- Global| Oct 20 2014
Italian Orders Rebound but Go Nowhere
Italian industrial orders in August rose by 1.5% after a 1.5% decline in July. Foreign orders rebounded by 2.5% after a 2.1% decrease in July. Domestic orders rose by 0.7% after a 0.9% decline in July. The message here is that there [...]
- Global| Oct 17 2014
Vehicle Registrations Continue Annual Gains But....
European auto registrations continue their year-over-year gains in September, rising by 2.6% year-over-year. But this growth rate is slipping, falling from a year-over-year gain of 3.7% last month and of 4.6% the month before. Vehicle [...]
- Global| Oct 16 2014
Euro Area Trade Surplus Gets Bigger as EA Gets Weaker
The trade surplus in the European Monetary Union moved sharply higher in August at 15.8 billion euros compared to 12.7 billion euros in July. Imports won the race to the bottom as they fell by 3.1% in August, outpacing exports that [...]
- Global| Oct 15 2014
German Inflation Finalizes with Some Fizz
Despite the weaknesses in Germany's economic data and its just-released leading economic index, German inflation does not seem to be under as much downward pressure in September. The sequential growth rates for Germany's harmonized [...]
- Global| Oct 14 2014
ZEW Plummets; Putting Germany on the Recession Threshold
The ZEW current index, which had been so resilient, fell sharply in October, dropping to 3.2 from 25.4 in September. The expectations index fell into negative territory for the first time since November 2012. The current index is [...]
- Global| Oct 13 2014
Euro Is Still Too Strong, According to PPP
The best way to evaluate the relative strength or weakness of a currency is to assess it using purchasing power parity (PPP). According to this method, we take the euro area and its measure of its price level and compare it to another [...]
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