Industrial production in the euro zone may have hit a bit of a rocky start in October as five of the nine early-reporting EMU countries show drops in industrial production in October. Of these only Germany shows back-to-back drops in [...]
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| Dec 10 2013EMU Industrial Production Is Generally Recovering
- Global| Dec 09 2013
German IP Drops in October
German industrial production fell by 1.2% in October, marking the second monthly drop in a row. In September IP dropped by 0.7%. German industrial output is now falling at a 1.5% annual rate over three months, faster than its 1.3% [...]
- Global| Dec 06 2013
German Orders Step Back
German orders fell hard in October after an even stronger surge in Sept. September saw a sharp pullback in both foreign and domestic orders. But the foreign pullback followed a stronger surge in September while the domestic setback [...]
- Global| Dec 03 2013
EMU PPI Is Still Losing Steam- and Faster
PPI prices in EMU continue to be weak. Prices fell in October and they are lower year over year. The table, featuring 10 EMU members plus the UK, shows producer prices lower across the board in October except for Ireland where prices [...]
- Global| Dec 02 2013
Manufacturing on Slow Rise in Europe
The PMI gauges for manufacturing in Europe show a pick-up in the manufacturing sector for EMU. Manufacturing output has snaked up to a reading of 51.62 in November from 51.30 in October. Half of the eight member countries in the table [...]
- Global| Nov 29 2013
Spain Shows Europe Is Headed for Its 'Put Up or Shut Up' Moment
Spain's current account surplus fell back sharply in September, perhaps signally that the end is coming for Spain's current account surpluses. Monthly export growth in September is unwinding about half of the surge in August. But the [...]
- Global| Nov 27 2013
German Consumer Confidence Is a Juggernaut of Strength
From 2008 Germany's consumer climate has continued to rise with some fluctuations, but even the global recession and financial crisis failed to make much of a dent to that trend. After that brief interruption due to the financial [...]
- Global| Nov 26 2013
Italian Consumer Confidence Edges Higher Again
Italian consumer confidence rebounded in November, but it is still in a bad way. The level of the index has a rank percentile value of 23.7% which means it has been lower only about 24% of the time and that is not a good standing. The [...]
- Global| Nov 25 2013
U.S. Pending Home Sales Continue to Erode
Pending home sales continue to show weakness. The number of homes on the market for sales has dropped for five straight months. The number of homes for sale has contracted by 1.2% over the past year. There are still year-over-year [...]
- Global| Nov 22 2013
German Ifo Fills Out
Germany's Ifo continues to power higher. It is engaged in its second upswing in its cyclical recovery since the end of the financial crisis. In this `second wave up' the Ifo is locked into a milder upgrade that it had earlier, but the [...]
- Global| Nov 22 2013
Belgium National Bank Survey Shows Improvement
The Belgian National Bank Survey shows an improving trend, but the index still signals contraction in November. The negative reading for manufacturing is halved in November compared to October. But wholesaling and retailing are only [...]
- Global| Nov 21 2013
PMIs Lose Luster in Europe
The EMU economy continues to advance, but the November PMI gain is decidedly lackluster. The manufacturing gauge rose to 51.55 from 51.30. In the service sector conditions barely improved as the index advanced to 50.94 from 50.91. [...]
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