Sweden's seasonally adjusted Kroner-based trade data show a sharply larger surplus in August followed by a near normal surplus in September. Sweden's exports and imports both fell again in September. The trade data, though seasonally [...]
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 2013Swedish Trade Flows Raise Questions
Global| Oct 25 2013Germany's Ifo Stalls in October
The German Ifo index has slowed over the past three months. We present the diffusion indices for the sectors and the overall measures in the table, but the Ifo also presents these measures as indices. The business climate index has, [...]
Global| Oct 24 2013EMU Shows Slowing But Still Growth
The EMU PMI from Markit this month shows a set back to the pace of improvement in the euro area. Manufacturing is doing a bit better, rising to a diffusion reading of 51.3 in October from 51.1 in September. That is an improvement, but [...]
Global| Oct 23 2013French Manufacturing Is Doing Better...But Not Much Better
The chart that maps the survey responses on the outlook for French manufacturing industrial production and prices shows that IP expectations are moving upward rapidly while the prices expectations index, after some very moderate [...]
Global| Oct 22 2013Canadian Retail Sales Still Spur Overall Growth
Canadian retail sales advanced by 0.2% in August. That rise was on the heels of a 0.5% rise in July. Still, the large drop in sales in June means that the sales performance over the last three months has been poor, logging a 0% growth [...]
Global| Oct 21 2013Japan's Sector Indices Edge up in August
For only the second month in a row, Japan's all three METI sector indices are rising together year-over-year. The construction index is up 14% year-over-year and its rise has been gaining momentum until this month when the year-over- [...]
Global| Oct 18 2013Canada: Another Country Where inflation Remains Under Wraps; But How Much Does That Really Matter?
Canada's year-over-year CPI pace has expanded at a 1.1% rate in each of the last two months and has accelerated since November unlike inflation in the US and in EMU that has stabilized or moved lower. Yet inflation in Canada is still [...]
Global| Oct 17 2013UK Retail Sales Continue Their Strength
UK retail sales rose by 0.5% in real terms in September. That rise left the three-month growth rate for sales at 3.1% below its 4.8% pace for 3-months but above its 2.2% pace over 12-months. Sales are up at a very strong 6.1% annual [...]
Global| Oct 16 2013Italy's Trade Balance Improves
Italy's trade balance improved in August. Both exports and imports rose month-to-month in August with exports up by 3,3% and imports up by 1.0%. Italian exports show a sharp drop in `other goods' a category that fell by 23.8% year- [...]
Global| Oct 15 2013Germany's ZEW Index Advances Strongly
The two ZEW indices for Germany, one for current activity and the other for expectations, were mixed in October. The current index edged lower to a still strong 29.7 reading, while the expectation index, the most focused on, rose to [...]
Global| Oct 14 2013EMU IP Recovers Sharply in August
Euro-area industrial production advanced sharply in August, rising by 1.1% reversing a drop of 1% in July. Still, in the quarter to date EMU IP is rising at a 0.4% annual rate and much faster over the last three months. Over three [...]
Global| Oct 11 2013Euro Area Inflation Trends and What They Really Mean
The inflation situation in the European Monetary Union tells a lot about the ongoing stresses and strains in the system. The chart on the left shows the inflation performance for a group of countries that have had economic [...]
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