This may not turn out to be a watershed month for Europe, or for the European Monetary Union, but the manufacturing PMIs for the countries listed in the table including some of the key countries from the economic union as well as 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| Sep 03 2013Markit Manufacturing Indices for EMU and Europe Advance
- Global| Aug 30 2013
Euro Area Is on the Rise, but Is It on the Mend?
Both the overall EU and the EMU measures of Sentiment rose sharply in August 2013 compared to July. The EU index rose to 98.1 from 95. Going back to 1985 this is the ninth largest month-to-month change in that overall index. Similarly [...]
- Global| Aug 29 2013
Italian Businesses and Consumers Feel Somewhat Better
Italian business and consumer confidence both improved in August. However, the relative state of the confidence of businesses and consumers is still quite poor. When we take the current month's standing for confidence and place it in [...]
- Global| Aug 28 2013
Brussels...We Have A Problem
Apollo 17? The understated words that informed the world of the serious risk that the US space mission called `Apollo 13' faced came with the simple phrase, "Houston, we have a problem." Unfortunately, no one in Europe is telling [...]
- Global| Aug 27 2013
German Ifo Index Advances as Expectations Lag
The Ifo index continues to rise in August. The all-sector climate index is up to 7.6 in August from 5.0 in July. At that point it stands in the top 20% of its historic queue (80.5 percentile). These queue standings place the current [...]
- Global| Aug 26 2013
Inflation Trend-Differences Hamper Policy in EMU
While everyone is getting warm and fuzzy about the improvement in growth and in growth prospects for the European Monetary Union, the Union continues to face important issues. One issue is that growth is uneven, as we have seen. The [...]
- Global| Aug 23 2013
UK GDP Is Even Stronger
The UK economy expanded 0.7% (Q/Q) in the second quarter, in a revised GDP statement issued today. The new GDP growth rate exceeds the initial estimate of 0.6%. GDP is now advancing at a 2.9% annual rate in the quarter and is up by [...]
- Global| Aug 22 2013
EMU Recovery Continues as Does Bifurcation
The Markit 'flash' indicators for the euro-Zone show continued improvement in the manufacturing and services sectors in August. The euro-Area manufacturing index is up to 51.3 from a level of 50.3 in July. The services sector made a [...]
- Global| Aug 21 2013
UK Orders and Expected-Orders Show Strength
Despite some lingering skepticism, the UK economy continues to register strong readings and in some cases fabulously strong readings. The Confederation of British industry, or (CBI), survey shows exceptional order strength in August. [...]
- Global| Aug 20 2013
Japan Sector Indices Show Recovery
Japan's economy continues to dig out after its long period of lethargy, after having been embroiled in a global financial collapse, and then, after being struck by an earthquake, a tsunami and a nuclear disaster, the latter being like [...]
- Global| Aug 19 2013
Japan's Trends Twist and Turn
Japanese goods exports fell by 1.8% July as imports of goods surged by 2.7%, widening Japan's trade deficit on the month. Year-over-year exports are growing at a 9.1% annual rate as imports surge at a 17.9% annual rate and as oil [...]
- Global| Aug 16 2013
Auto Sector in Europe Revives but Slowly and with Issues
Europe's auto sector is on the mend. While a number of countries are still showing erratic behavior in month-to-month sales, the German Association of the Automotive Industry (VDA) reported a strong rise in auto sales, led by the [...]
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