Industrial orders trends for the Eurozone continue to come in country by country. Of the five early reporting countries in EMU, industrial orders are down in July for three of them, namely Germany Portugal and Finland. In July orders [...]
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 18 2013Euro Area Orders Recovery Is Not Uniform
- Global| Sep 17 2013
ZEW Spurts! Europe Falters?
The ZEW index for Germany showed a very sharp increase in its current conditions index, rising to 30.6 in September from 18.3 in August. The expectations index moved up sharply too, it has reached 49.6 from a level of 42.0 in August. [...]
- Global| Sep 16 2013
EMU Inflation Trends Stabilize and May Hide Problems
The chart shows the path of inflation in the European Monetary Union and for a few select members using the harmonized index of consumer prices (HICP) for EMU and for each country. What's interesting about the chart above is that [...]
- Global| Sep 13 2013
EMU Employment Losses Slow
Both the European Monetary Union and the European Union are seeing declines in the number of unemployed over the past two months. The pace of the decline slowed in July compared to June as both regions saw the number of unemployed [...]
- Global| Sep 12 2013
EMU IP Takes A Dip
Trends in industrial production output in the European Monetary Union continue to skim below the surface of unchanged. While capital goods output has flirted with year-over-year increases as has consumer goods output, zero seems to be [...]
- Global| Sep 11 2013
Inflation in the Euro Area: Is it the Fly in the Ointment?
The chart shows that inflation has been diminishing in countries that have had austerity imposed upon them. If the goal of austerity has been to reduce their price inflation trend, it has been successful. If the goal has been to [...]
- Global| Sep 10 2013
EMU Members' IP Falters
Despite numerous upbeat reports including the Markit purchasing manager surveys and leading indicators from the Organization of Economic Cooperation and Development (OECD) many countries of the European Monetary Union are backsliding [...]
- Global| Sep 06 2013
German IP Gains Turn Flat
German IP fell by 1.7% in July after rising by 2% in June. Until June, German seemed to be building momentum in its industrial sector. PMI data are still relatively upbeat. But with the release of the July German IP report, the trend [...]
- Global| Sep 05 2013
German Orders Deflate..for a Moment...Longer?
The month-to-month drop in German orders in July of 2.7% is a bit of a tempest in a teapot. The decline comes after an outsized 5% jump in June. The three-month growth rate for orders is still a very robust 6.7% at an annual rate. [...]
- Global| Sep 04 2013
EMU Service Sector Is on the Mend
The services sector in the European monetary union crossed over to register growth at 50.69 in August. It was the first reading above 50 in 18 months signaling the first increase in the services sector in the European monetary [...]
- Global| Sep 03 2013
Markit Manufacturing Indices for EMU and Europe Advance
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 [...]
- 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 [...]
- of369Go to 238 page