The ZEW index in September fell to a level of 25.4 from the August level of 44.3. This drop means that current conditions have been stronger than this 29% of the time, instead of 15% of the time as was the case last month. The [...]
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 16 2014ZEW Expectations Drop By Less Than Expected
- Global| Sep 15 2014
Euro Area Trade Surplus Shrinks
The euro area trade surplus shrank to 12.2 billion euros in July from 13.8 billion euros in June. The surplus is still higher than it was 12 months ago when it stood at 11.4 billion euros. Export growth fell by 0.2% in July as imports [...]
- Global| Sep 12 2014
European Manufacturing Falls Further Behind the U.S.
Euro area industrial output showed a strong rebound of 1% in July from its decline of 0.3% in June. However the gain is still not persuasive. In the new quarter, the quarter-to-date calculations show a rise in output at a 2.7% pace [...]
- Global| Sep 11 2014
EMU Inflation Creeps Lower
Inflation in the euro area continues to snake lower. Among the early reporters of inflation data, Spain has the lowest year-over-year inflation at -0.5%, followed by Greece and Italy each at -0.2%. Germany is a high inflation country [...]
- Global| Sep 10 2014
Euro Area Members' IP Mostly Rebounds
Among the eight reporting countries of the European Monetary Union, five of these early reporters showed increases and three showed declines for industrial production in July. Output is lower by 0.3% in France, by 0.4% in Finland and [...]
- Global| Sep 09 2014
U.K. Trade Gap Widens as Sterling Gains Strength
U.K. exports and imports fell in June. Exports fell by 1.6%, following a 0.1% decline in May. Imports fell by 0.4%, following a 0.9% rise in May. Over 12 months both exports and imports are falling with exports falling faster at a [...]
- Global| Sep 05 2014
German IP Recovers
Germany's industrial production rose by 1.9% in July, marking a strong gain in the German industrial sector. It is the largest monthly gain since April 2013. The output of consumer goods rose by 0.1%. Intermediate goods output rose by [...]
- Global| Sep 03 2014
Euro Area Retail Sales Weaken
Euro area retail sales backed off in July as overall and ex-food sales fell. Both sales flows accelerated over 6-months compared to 12-months but then decelerated over 3-months compared to both six-months and 12-months. Motor vehicle [...]
- Global| Sep 02 2014
EMU PPI Is Still Declining
The EMU PPI fell in July and its 1.1% year-over-year drop is the largest since April. Capital goods prices are eking out gains over all horizons (in the table), but the increases are marginal. Consumer goods prices over all horizons [...]
- Global| Aug 29 2014
Europe Is Beset with High Unemployment and Disinflation
Today's data underscore the difficulty faced by the European Monetary Union. The unemployment rate remains high and declines are being posted generally only in the peripheral countries (the Netherlands, an exception to this) that have [...]
- Global| Aug 28 2014
EU Commission Indices Drop for EU and EMU in August to 8-Month Lows
The EU Commission indices for August have their EU and EMU headlines and sector headlines available, but country detail is only available for a few early reporters rather than for the full set of EMU members. The economic sentiment [...]
- Global| Aug 27 2014
German Consumer Confidence Finally Slips
Germany's consumer climate rating for September fell to 8.6 from 8.9 in August. The drop is the first since January 2013. The climate reading fell by 0.3 percentage points, which is the largest drop since May 2011 (more than three [...]
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