France saw its industrial production (IP) gain strongly in April, but it still did not fully shake off the drop in March. Italian IP is in the same boat in April as its 0.4% gain is less than its 0.5% drop in March. However, Italy has [...]
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| Jun 10 2014IP in France Makes Partial Recovery; Italy Nets a Gain
- Global| Jun 09 2014
Canadian Housing Starts Show Some Spunk and Promise
Housing starts in Canada rebounded by a huge 24.7% in April after falling by 18.2% in March. Volatility around this time of year is normal for Canada. Sometimes it comes in Jan/Feb; this year it came a month later. Momentum in starts [...]
- Global| Jun 06 2014
German Exports Surge ahead and Balloon Trade Surplus
German exports surged by 3% in April as imports edged ahead by just 0.1%. This combination sent the German trade surplus to ?17.7 billion in April, up from ?14.99 billion in March. Over 12 months. German exports and imports are [...]
- Global| Jun 05 2014
German Orders Bounce Back
German orders rebounded strongly in April, rising by 3.1% after dropping by 2.8% in March. Domestic orders were flat in April, after falling by 0.6% in March. Foreign orders have recovered, rising by 5.5% after falling by 4.5% in [...]
- Global| Jun 04 2014
Euro Area Private Sector Weakens in May
The total PMI for the European Monetary Union slipped to 53.5 in May from 54.0 in April. However, the 12-month, six-month and three-month moving averages continue to show steadily stronger readings on the shorter horizons. At the [...]
- Global| Jun 03 2014
EMU Inflation Walks the Line
Inflation in the United States has been running lower than in the European Monetary Union since around 2010. Over the last few months the US PCE inflation rate has turned higher while inflation in Europe has continued to drop. In May, [...]
- Global| Jun 02 2014
EMU PMI Is Revised Lower in May
The EMU PMI turned lower in May, falling to 52.2 from April's 53.4. The May reading is the lowest since November, when index stood at 51.6. There's been a definite cooling in the European Monetary Union. For the first time in a while, [...]
- Global| May 30 2014
German Retail Sales Fall Off Escalation Path
German retail sales were revised higher in March but still show weakness in April as sales dropped by 1% month-to-month. The profile of German growth rates shows year-over-year growth in sales at 1.2% with 3-month growth at a 1.1% [...]
- Global| May 29 2014
Japan's Retail Sales: The VAT Blues
Japan imposed a new VAT tax at the start of the second quarter. Consumer behavior designed for tax avoidance has had a huge impact on retail sales in the month immediately before the imposition of the tax and in the month of the [...]
- Global| May 28 2014
EU Indices Show Gains in EU and EMU
The EU Commission indices for the entire EU advanced to a level of 106.5 in May from 106.3 in April. For the European Monetary Union, the index advanced by 0.7% in May, rebounding from a 0.5% decline in April. Among the 17 EMU members [...]
- Global| May 27 2014
Italian Consumer Confidence Jumps to 4-Year High
Consumer confidence in Italy rose to 106.3 in May from 105.5 in April. This is the strongest reading since 2010. The three-month rise in the index is 8.4 points, which is the fifth highest three-month gain since November 1989. The [...]
- Global| May 23 2014
German Ifo Slips
The German Ifo survey slipped to an index level of 110.4 in May from 111.2 in April. Both the current situation and the business expectations components fell on the month. The index and its components still are well above their [...]
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