The new overall EU sentiment index for June, at 92.6, is up from 90.8 in May. This is highest level since April 2012, a little more than a year ago. It's good mark but still it continues to be a very, very, low reading. Place this [...]
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 27 2013EU Does Better...Can it Continue?
- Global| Jun 26 2013
German Consumer is on the Moon
Germans do live in a country of their own but is it also a world of their own? The forward-looking GFK consumer climate survey moved up to 6.8 in July from 6.5 in June. The 6.8 reading was last surpassed in September 2007. The German [...]
- Global| Jun 25 2013
French Businessmen See Some Improvement
French business climate according to the INSEE index is up to 93 in June from 92 in May with May itself having risen to 92 from 89. The chart shows that there is some slight ongoing improvement but mostly that the downtrend in [...]
- Global| Jun 24 2013
IFO German Index Advances
The IFO headline index advanced this month on the strength of improved expectations as the current index toppled back month-to-month and increased its year-over-year drop compared to May. In the table we present the sector diffusion- [...]
- Global| Jun 20 2013
EMU Down-Draft Abates
The flash readings for Markit's manufacturing and service sector PMIs both rose in June, indicating the least amount of contraction since March of 2012 for the service sector (compared to finalized data) and since February of 2012 for [...]
- Global| Jun 19 2013
Japan's Trade Trends
Japan's yen-based current account deficit eroded again in May as exports rose by 3.2% as imports rose faster by 4.7%. Over three months Japanese exports and imports are both growing at a hefty pace over 30% with imports growing [...]
- Global| Jun 18 2013
German Zew Expectations Make Slight Rise as European Auto Sales Struggle
The Zew economic index for Germany saw its expectations component rise slightly to 38.5 from 36.4 in June. This is the second rise in a row for the expectations component, however, it is still substantially below the levels of 48.5 [...]
- Global| Jun 17 2013
e-Zone Trade Surplus Shrinks but Stays Large
In April exports in the European Monetary Union (EMU) fell by 0.8% after rising by 2.6% in March. Also in April imports rose by 0.5% after falling by 1.2% in March. The trends are somewhat contrary to the monthly developments. Exports [...]
- Global| Jun 14 2013
French Retail Sales Continue Weak
French retail sales continue to be weak. In May retail sales volumes fell by 0.2% month-to-month with a rise of 5.1% in food sales blunting a drop of 2.8% in nonfood sales. Nonfood sales have fallen for four months in a row. The [...]
- Global| Jun 13 2013
EMU Inflation Continues to Wither or Plunge...
Inflation in the Eurozone rose by only 0.2% in May. Over three months the annual rate of inflation is only a 0.1% there was a steady deceleration in the growth rate of inflation from 12 months to six months to three months. Meanwhile, [...]
- Global| Jun 12 2013
E-zone IP Rises Despite Cross-Currents
E-Zone IP is accelerating, putting in surprising strength in April with a gain of 1%. It is on a steady run of acceleration and is up strongly in the quarter-to-date. Finland, Italy, Spain and Portugal are contrary showing [...]
- Global| Jun 11 2013
UK IP Slips in April
Industrial output slipped in April in the UK even as it showed signs of getting some traction. Consumer durables output dropped and intermediate goods output fell by a relatively sharp 2.1% in April. These drops were partly offset by [...]
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